Economics In One Lesson

Economics In One Lesson

“Inflation is a tax that disproportionately affects the poor.”Economics In One Lesson — Henry Hazlett It’s been famously stated that those who do not understand history are doomed to repeat its mistakes. Similarly those who do not understand...
The Moral Case For Capitalism

The Moral Case For Capitalism

“The point is ladies and gentlemen that greed, for lack of a better word, is good.” “It’s a zero-sum game, somebody wins, somebody loses.” “If you need a friend, get a dog.”  In 1987 Michael Douglas brought us these lines playing financier and corporate raider...
I know I have a problem

I know I have a problem

The other day I was opening a packet of ketchup and on one side it said “open here.”  I said aloud “You’re not the boss of me!” and opened the packet from the other end, which worked just fine. It is not in me to submit to authority.  I...

I’m in favor of people getting vaccinated, but I’m against the government exerting any coercive pressure to force people to get vaccinated. In an ideal world, the free market would sort this out based on actual outcomes. Considering that health expenses...
Most of us don’t get the math

Most of us don’t get the math

I am not a doctor. I have a degree in computer science and have a love of probability. Please read accordingly. There’s a famous puzzle among math fans called the “Monty Hall” problem, that indicates how poorly most of us understand probability. Suppose you’re...
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