Debate on “Modern Monetary Theory” Misses the Mark

Artificial wealth comprises the things which of themselves satisfy no natural need, for example money, which is a human contrivance. ~  St. Thomas Aquinas Buzzwords seem to rule public discussion of just about everything. Money is no exception. Now it’s “Modern Monetary Theory.” What’s that? Well, it depends on who you ask. In modern times, … More Debate on “Modern Monetary Theory” Misses the Mark

Dead End

Age seems to bring on associations with drugs the doctors say we need. Most are not addictive, though many don’t do much good and often have unwanted “side effects.” Sometimes the “side effects” are front and center! One of the discomforts of being a Jubilado (retiree, if you don’t know the word, en español) is the … More Dead End

Being David Brooks in the Bowels of the Green New Deal

Many consider David Brooks the voice of conservative reason In America. After all, he has even published some almost sociological books on matters of character, family, and progress toward ‘the American dream.’ And, he presents himself as a soft-spoken empathic analyst on the Sunday talk shows and in his New York Times column. Brooks may … More Being David Brooks in the Bowels of the Green New Deal

In the Air Again: Expectations and Complications of Global Travel

I was not ready for more travel, though I had to go to L.A. for a doctor’s appointment a couple of days ago. An airline ticket was actually cheaper than a half-hour telephone consultation, which insurance does not cover. Not that I don’t like traveling; I do. But it is, after all, part of that … More In the Air Again: Expectations and Complications of Global Travel

It Takes a Child to Challenge Deniers of Climate Chaos

Once again, the world’s “leaders” have met and accomplished next to nothing to mitigate the most extreme existential crisis humanity has ever faced. It takes a child… Here is the transcript of a stunning speech the other day near the end of the COP24 climate meetings in Katowice, Poland, condemning global inaction in the face … More It Takes a Child to Challenge Deniers of Climate Chaos

Communication, Contagion, and Conspiracy

Social contagion is an age-old process of collective behavior. It has been studied by sociologists in the U.S. for decades. In the economic sphere, stock market bubbles that end in a furious crash that reflects the contagion of panic. Economists cite the infamous collapse of the “Tulip Mania” in Holland in 1637 as the classic … More Communication, Contagion, and Conspiracy

Departments of Insecurity and Dysfunction

I remember when most Americans most of the time lived in a world of predictable events, stable relationships, and reasonable expectations for the future. Well, our worlds are mostly not so stable anymore. That, after all, is what much of the current political turbulence is all about. Everyone seeks the novelty of interesting things, but … More Departments of Insecurity and Dysfunction