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Last night’s presidential debate revealed two individuals and by association two political parties with fundamentally different economic beliefs and therefore visions for the United States. Since the government plays such a big role in our lives it’s instructive to consider … Continue reading
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Robert Rubin, President Clinton’s Secretary of the Treasury had a great op-ed piece in the Wall Street Journal yesterday. He said there’s five basic risks facing the U.S. if we fail to get our fiscal house in order. They are … Continue reading
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Last night I had dinner with an old and dear friend. As happens between us we got to talking about the upcoming U.S. presidential election and the state of the union. As usual we had different ideas about what to … Continue reading
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This is the second in a series on the foundations of the American economic psyche. Once again I turn to Alexis de Tocqueville and his two-volume Democracy in America which is reprinted from the University of Virginia’s on-line version. In certain … Continue reading
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10 years or so ago I was fortunate to rediscover de Tocqueville. I say rediscover because while I may have read bits of his two-volume Democracy in America I certainly didn’t read it in its entirety. In any case I’ve … Continue reading
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Thomas Malthus scholar, clergyman, philosopher, writer and political theorist was one of the most influential thinkers of the 19th century. He made important and significant contributions to economic, political, social and scientific thought. He is even credited with introducing the … Continue reading
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In Basic Financial Literacy – Part 2 – Creativity I said “The knowledge that things are scarce doesn’t translate into docile acceptance nor the extinguishment of wants or desire. Rather it nourishes the will to survive, to create, to overcome … Continue reading
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My posts to date have dealt primarily with developing a basic knowledge of personal finance through the curve metaphor. In this post I’m going to discuss several background issues for those whose flow is well above the curve and is … Continue reading
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