I need to acknowledge that bowls clubs and golf clubs often started out when land was relatively cheaper and unused, and having a freehold property is an enormous advantage. Scout clubs typically have no rent… Read More »The Bowls Club
Imagine a prehistoric family who lived in a cave, high up a mountain – let’s call them the Cave Family. They were quite advanced for their time, and perhaps the evolutionary step that led to… Read More »Coronavirus
This is from an article at Zero Hedge, which is not a reliable source (they are run by the Russians), but in this case is accurate. We are in the virus crisis, and Boeing &… Read More »Privatizing Profits And Socializing Losses
This is a dangerous idea, but arises from taking Modern Monetary Theory (MMT) to the next level. MMT is complicated and hard to grasp, but in a nutshell, governments could print money to spend as… Read More »Taking Money Printing to an Extreme
Capitalism has pretty much gone as far as it can go. It is getting harder to find new efficiencies in business, except at the expense of wages and employment. More jobs are lost to automation… Read More »The USA, Coronavirus, and Pure Capitalism
A lot is made of free trade and tariffs. And we all know that countries like China have in recent decades had the significant manufacturing advantage of low wages. Meanwhile the United States as a… Read More »USA & Their Invisible Trade Advantage
This isn’t the place to bring up thousands of examples, so here is an ordinary one from today’s news: Five former city employees and a former Trump Organization employee say the company used middlemen to… Read More »The Wealthy Can Cheat