In 1711, Alexander Pope penned the complete phrase as “To err is human, to forgive, divine.”  This memorable couplet together with his other phrases, “Tis with our judgments as our…

With regard to productivity, efficiency, and the purpose of human labor, Milton Friedman also said while on tour regarding a government jobs-program that was then building a canal in an…

It is coming to this….a cashless society.  Well, almost a cashless society, as defined by the use of paper currency and coinage.  As a physical medium of exchange, they will…

Everything is Great nowadays.  Or Huge, depending upon your pop-culture or presidential superlatives.  The pricing of stuff is always huge.  We like our asset prices to go up but not…

Market Risk and Economic Risk are related.  If this is a fair match-up, which risk factor is the more dominant of the other? Which risk is the heavy-weight?  Is one…

Regarding the role of government, Abraham Lincoln gave us the three most important prepositions of liberty of all time delivered in the Gettysburg Address to remind us of our exceptionalism.…

The phrase trickle-down started out in our lexicon as a joke ridiculing President Hoover’s efforts to combat the Great Recession.  Will Rogers, the early humorist of the twentieth century, wrote…

The Great Recession was comparatively less bad than the Great Depression.  Between these two awful economic bookends, but more contiguous to the Great Recession timeline, was the Great Moderation.  The…

“If you want more of something, subsidize it; if you want less of something, tax it.”   –Ronald Reagan, the intuitive economist and Cold War winner.  At the time of this…

During the 2017 Hurricane season, at least 15% of the United States mainland population was adversely affected by Hurricanes Harvey and Irma hitting Texas and Florida respectively. 100% of the…