The BP Mess Is A Natural Punishment

The entire system around which daily life is organized in the United States, undergirded by the Federal Reserve Note dollar, is crumbling. Both long-term trends and externalities, like the BP mess, are natural and predictable consequences. Inertia is such a strong force that the avoidable often becomes, in the macro, unavoidable. But individually you . . . → Read More: The BP Mess Is A Natural Punishment

What Does the Legatum Prosperity Index Measure?

Prosperity. However, my initial reaction when I first looked at the index was that it was more like an index of the quality of life or well-being than of prosperity. My perception of prosperity was too narrow. One of the purposes of the index is apparently to encourage people ‘to take a holistic view . . . → Read More: What Does the Legatum Prosperity Index Measure?

Water, Water, Everywhere…

In 1798 Coleridge wrote, “water, water, everywhere, [but not a] drop to drink”. By 2100 this may become “water, water, everywhere, but not a fish to eat”. Carbon dioxide (CO2), a greenhouse gas, may be doing more than warming our atmosphere, it may be acidifying our oceans. According to Dr. Richard Feely, an Oceanographer . . . → Read More: Water, Water, Everywhere…