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Category Archive for 'Central Planning'

I frame the analytic discussions about markets versus socialism as a knowledge problem. The key to the success in any “economic system” is to figure out a way to have valuable knowledge and information produced, transmitted and acted upon – even by actors who do not know that they are part of the solution. The standard discussion […]

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Today I reprint a slightly edited piece I put together several years ago. I’d change a lot of it, from the content to the tone, if I were to do it over – but one must live with one’s younger self. Happy Thanksgiving to all. Four centuries after the celebration of the first Thanksgiving, there […]

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Heaven forbid if it were. Happy 100th Anniversary! The following is from “the secret archive,” published as “The Unknown Lenin” (1996), and the entry is dated March 1922: “It is precisely now and only now, when in the starving regions people are eating human flesh, and hundreds if not thousands of corpses are littering the […]

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Halfway to the CAFE

It would be lovely if, when we passed certain rules and regulations, we had procedures in place to review their performance and effectiveness. Today, we sit at the halfway point between the issuance of new CAFE standards as part of the 2009 “Stimulus” package, and the year 2025, the target date for new vehicle fuel […]

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I was in the midst of my high school formative years when a couple of watershed moments in world history happened, and these had fantastically powerful and lasting impacts on me. I grew up in New York City during the Cold War, and there were nuclear fallout shelters in our little Catholic school, and the […]

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It is well understood that the incidence of defaults on college debt is higher on people with smaller loans outstanding. These are marginally attached students to begin with. Remember that 40% of students who start college do not finish. Yet, contrast this with where the “noise” is coming from on “free college” and the “college loan crisis.” […]

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See this gate? … Well, every night trucks stacked with bodies came back here and dumped them in a heap. They’d already been shot in the back of the head – you bleed less that way … They stacked the bodies in old wooden ammunition crates. The workers stoked up the underground ovens – right […]

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I am a big fan of harp-guitar players and one of my favorites is Stephen Bennett. Here is one of my favorites from him, entitled Merry Christmas Mr. Gorbachev. It’s a happy sounding song, as it should be. I imagine he wrote it as a reference to the (in)famous Christmas night in 1991 when Soviet […]

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Via Coyote without comment.  

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Today I reprint a slightly edited piece I put together several years ago. I’d change a lot of it, from the content to the tone, if I were to do it over – but one must live with one’s younger self. Happy Thanksgiving to all. Four centuries after the celebration of the first Thanksgiving, there […]

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