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Time and things are so rare there’s really little to spare. But desire it doesn’t care Thus there’s tension there. So create we must To avoid this bust. And though we want it all today That’s not the prudent way. Life … Continue reading
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This post kicks off a new section of this blog, investing. Investing in and of itself is a monster topic. It’s the sole subject of thousands if not millions of books, newspapers, magazines and blogs. So I broach it with … Continue reading
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It seems to me that serious attention to financial literacy and the means to educate people about it has grown geometrically in just the last several years. I think its worth exploring why that may be so? Let me first … 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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Imagine a world where a new invention created a virtually free and clean energy source that replaced oil. Trillions of dollars a year previously allocated to energy costs would be freed up to go elsewhere. The standard of living for … Continue reading
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In personal finance goals are the tangibles and intangibles we want to accomplish. It doesn’t matter what they are, it could be to buy a car, a house, retire with a particular life style, pay for college or any number … 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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ResponsibiliTy This post discusses the last of the 4Ts, responsibiliTy and so concludes the 10 basics of financial literacy (see index page). To recap the other Ts are scarciTy, creativiTy and realiTy. The Roman philosopher Cicero best summed it up … Continue reading
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