This crash is The Big One; it has signs of becoming a Category 5. How do we know? We’ve “been there and done that” so many times before, roughly every 18 years over the last 800 or more. Major wars and, rarely, plagues have broken the rhythm, along with the little ice age, reformation . . . → Read More: THE GREAT CRASH OF 2008
 Comments are closed  Essay, Publication  Depression, Land Economics - Macroeconomics, Macroeconomics, Recession Commercial-capitalist civilization has progressed in step with people’s success in fending off sales taxes in their various guises. We might begin with The Enlightenment, late 18th Century, with its epicenter in Versailles. At the core were the philosophes; at their core were les économistes, or Physiocrats; and at their core was the . . . → Read More: The Sales Tax: History of a Dumb Idea Comments are closed Essay, Publication Economic History, Land Economics -- General, Public finance, Sales Tax, Tax policy, welfare economics In January 2006 Insights showed how successive administrations in Washington have doctored the Consumer Price Index (CPI) to conceal the real rise in the Cost of Living (COL). Self-defined “mainstream” economists have served as tools, some as active leaders and others as sheep in the herd. For Insights column in Groundswell December 2007 . . . → Read More: The Shrinking Dollar Comments are closed Essay, Publication inflation, Land Economics - Macroeconomics, Macroeconomic stability, Macroeconomics Happy 4th! To appreciate a bit of our country, here is a Travelogue, St .Catharines to Albany, June 2012. I was searching for my dad through his childhood homes in Wayne County, east of Rochester, NY; I found him. I got my grades in on Wednesday, June 20 – only one day late! There are . . . → Read More: Travelogue, St. Catharines to Albany, June 2012 To consume most goods and services is to eat them up, burn them, wear them out, see them break or rust out or crack or tumble down. But how about land, does anyone think of that? Land as space is not used up. To consume it is to preempt its service flow . . . → Read More: What Is “Consumption”? The California Constitution says the water belongs to the people. Yet the state gives water almost free to agriculture–resulting in enormous waste and dire “shortages” during droughts. If the state were to charge for water, that would end the water crisis–and solve California’s fiscal crisis too. . . . → Read More: Whose Water? Ours! How to End California’s Water Crisis |