Two Views of the Climate Emergency: David Wallace-Wells and Bill McKibben

Acknowledging the Climate Emergency opens one up to all sorts of intellectual struggles with a reality that confounds even great minds. The industrialized nations and most of their intellectuals seem either unwilling or unable to face the magnitude of the hard facts. They do not know how to take action to ameliorate the immediate and … More Two Views of the Climate Emergency: David Wallace-Wells and Bill McKibben

Water Wells and Appropriate Technology

When my well failed a while back, I had just begun re-reading E.F. Schumacher’s book, Small is Beautiful: Economics as if People Mattered. It is a remarkable book, even more relevant today than in 1973, and available in many newer editions. Schumacher’s perspective of “Buddhist Economics” emerged from his experience as an economic development expert … More Water Wells and Appropriate Technology

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

Intermediation Blues

As commonly used in finance, “intermediation” refers to banks and other financial institutions borrowing from savers/investors and lending to companies that need funds for investment in operations and new projects. I will look at the idea more broadly here. Intermediation occurs in countless ways in our industrial-consumer society. Most of the time, we do not … More Intermediation Blues

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