Is Deflation a Concern?

Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the…

16-fold

Let us pretend that you have had cable television for about fifteen years (since 1999). The first year that you had it, you paid $50/mo for 100 channels. The next year the cost went up to $55 for those same 100 channels, but you thought, “Well, I’ve really enjoyed watching (American) football on ESPN and…

Know the Terrain

We may distinguish six kinds of terrain, to wit: (1) Accessible ground; (2) entangling ground; (3) temporizing ground; (4) narrow passes; (5) precipitous heights; (6) positions at a great distance from the enemy. Sun Tzu In April of 1242 the Northern Crusades were still in full swing and the Teutonic Livonian Order was making a…

A House Not Lived In

Everywhere you look today you will find positive references to environmentalism. It is taken for granted that amongst the greatest virtues is a concern for “Mother Earth.” Terms like “eco-friendly”, “carbon-neutral”, “bio-degradable”, and – most poignant – “sustainable” are found on packaging, magazines, billboards, business plans, car fenders, posters and trash trucks. Our culture likes…