Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

My Thoughts

FinanceMy ThoughtsOpportunitiesPolitics

A Nation of Caregivers needs a Basic Income

This story shows America’s current caregiving regime is immoral. Our system punishes responsibility and rewards irresponsibility. Fortunately, most people are not irresponsible, which makes the system worse. America rewards an irresponsible minority while punishing the responsible majority. That is not how capitalism is supposed to work.

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My Thoughts

Should America Repeal the Second Amendment?

For example, I calculate that there are six states (Wyoming, Vermont, Alaska, North Dakota, South Dakota, and Delaware) with less than one million people. Each of those states has two US Senators. So 12 US Senators represent those states with under six million people.

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My Thoughts

Blame Neoliberalism for the Baby Formula Shortage

 
The Commerce Secretary failed to notice a major failure of American industry or respond to it. Disturbingly, Raimondo cannot imagine a government response to the Formula Shortage beyond scrambling for more formula.

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My Thoughts

A Few Things about Classic Batman Comics Fans will hate

Many modern Bat fans hate the 1960s Batman TV show because of its silliness and camp. Ironically, many of those fans don’t realize the Batman TV was quite faithful to the era’s Batman comic books.

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My Thoughts

Could a Wealth Tax Protect Billionaires?

 If the federal government needed billionaires to finance its operations. There will be a powerful incentive to protect them. Conversely, our current system makes billionaires the enemy of the common people. In our popular imagination, billionaires are parasites who pay no taxes and corrupt our government.

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My Thoughts

Why the Best Justice League lacked Superman and Wonder Woman

To explain, Giffen and DeMatteis took a different approach to superhero teams that paid off. They made the Justice League a superhero sitcom that focused on the relationships between the characters rather than the action or the grandeur.

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My Thoughts

The True origins of “Objective Journalism”

Strangely, the origins of objective journalism are rooted in economics and the Great Depression. To explain, during the 1920s and 1930s, the rise of radio and the Great Depression changed the American newspaper business and news itself.

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My Thoughts

How Woke History Promotes Racism

Horrifically, racism is not the worst evil that Woke History is reviving. Historian Sean Wilentz notes some of the 1619 Project’s claims mirror arguments made by pro-Slavery Southerners before the Civil War.

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