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The USA—Best Not to Go There Unless You Have an Urgent Reason to Do So

The USA is simply not a welcoming place. It is a police state, and a hostile one at that. It makes virtually no attempt to distinguish potentially threatening people from ordinary people who, to anyone with a trace of brain, obviously pose no threat to national security or the personal well-being of current U.S. residents. So, be smart, amigos: don’t go there unless your have a very important reason to do so. Read the full thing

Think of All the Jobs Central Heating Destroyed

Central heating – along with running water, electricity-powered household appliances such vacuum cleaners, ranges, refrigerators, and freezers (with the latter later becoming self-defrosting), commercial dairies, inexpensive prepared foods, and other modern conveniences – released women from the dullness of housewifery so that they could contribute their skills to strangers in commercial markets (and, of course, earn extra monetary income from these contributions). Read the full thing

It’s Either Bullies or Balance Sheets

A wise man once told me that in this life, you can obey balance sheets or bullies. In the end, those are the only two paths. He was drawing attention to an unavoidable reality in a world of scarcity. All scarce things must be allocated among competing ends. This can be done top-down by people in control, or it can be accomplished bottom-up with the signaling system that emerges from voluntary exchange. The two approaches don’t mix well. Read the full thing