About a year-and-a-third ago, I moved to Morton – a village of about 16,000 people, southeast of Peoria. The other day I got a flyer from Morton Township listing the candidates for the local elections in April. Not one of the races is competitive. There are exactly the same number of candidates as there are […]
I’ve mentioned before that, for the last couple of months, I’ve spent the time I would have spent on blogging instead getting my head wrapped around the economic crisis. During that time, I’ve put together some summary documents just to help my thinking. Here’s one of those summaries listing the reasons for the economic crisis. […]
1. Indifference to human suffering a. Conservatives are indifferent, which takes two forms: The soft version – Life is unfair. Get over it. The hard version – If people are suffering, it’s their own damn fault. b. Liberals are not indifferent to human suffering Yes, life is unfair. That’s why we should do something to […]
If I were to look for any kind of bright spot to come out of the recent economic turmoil, it would be that just about every economic assumption of the past century has been questioned, debated, and defended in just the last few months. It’s been quite something to read and watch libertarians all the […]
So David Brooks puts our recent economic history this way: A few years ago, the global economic culture began swaying. The government enabled people to buy homes they couldn’t afford. The Fed provided easy money. The Chinese sloshed in oceans of capital. The giddy upward sway produced a crushing ride down. Basically it’s the standard […]
Has it really been since November since I last posted? Well, time to fix that. I’ve spent a lot of time in the last months getting up to speed on the economic crisis. You’ll see a lot of that come out over time.
Bill Poorman 