Newsletter
Subscribe now History is the medium of politics. Without knowledge of history, politics becomes untethered, suspect, of little worth. History will never be a science as it cannot be reset and repeated to prove any given theory. It's impenetrable to the scientific method, the very process that created
Newsletter
Subscribe now I apologize about this, first and foremost to myself. I try very hard not to comment on the politics that be. I’m not getting anywhere near enough money to express any opinion on such matters. But sometimes I can’t help myself, especially in regards to truly
Newsletter
Subscribe now No corporation better represented 20th century industrialism than ExxonMobil. Birthed from the breakup of the Standard Oil Trust, Exxon had previously been Standard Oil of New Jersey, the seat of John D. Rockefeller’s oil empire. Exxon emerged from the breakup as the world's largest oil
Newsletter
Please become a paid subscriber. Continued from Artificial Intelligence (II) From information technology's brief history, it can be concluded this new generation of technology, valued exclusively by established industrial economic worth, will continue along these same worn paths at an ever accelerated pace. However, just as concerning is
Newsletter
Please become a paid subscriber. Continued from Artificial Intelligence (I) One thing we should all have learned over the last half-century is to be particularly wary of Valley crusaders of any stripe. Like all Valley heroes, Mr. Altman made buckets of money, then turned to help mankind. Most Valley heroes,
Newsletter
Subscribe now When I was sophomore in high school, we went on a trip to University of Illinois, Champaign-Urbana. U of I was a computer school with a top of the line mainframe. You'd sit in a room with a couple rows of ten or so terminals networked
Newsletter
Subscribe now Written September 1, 1995 Can a revolution occur with no discussion of power? This was the question that nagged me as I drove through the mountains out of Aspen having just attended a conference called “Cyberspace and the American Dream.” Participating in the conference were many figures of
Newsletter
Subscribe now Do you work hard? You don’t Chicago, now There's a mayoral election in Chicago today. Four decades ago, voter turnout for a mayoral election used to be significantly above presidential elections. That's changed. Today, about a third of registered voters will participate, pretty
Newsletter
Subscribe now Aldo Leopold was one of the first ecologists. Environment and ecology are terms used synonymously, however environment is a more encompassing term, dealing with all physical aspects of any given surrounding. Ecology defines the systemic interactions of biological organisms within a larger environment. Characteristics of any ecological system
Newsletter
Subscribe now Short follow up to Banking and Money piece. The Wall Street Journal has a scoop — boy if you relied on investing money from the Journal’s reporting you’d continually be a day late and doll short. The piece is titled, “As Interest Rates Rose, Banks Did Balance-Sheet
Newsletter
Subscribe now Many years ago upon finishing William Greider's seminal history of the Federal Reserve, banking, and money, Secrets of the Temple, I thought to myself, “Oh man, it's all much more ridiculous than I imagined.” Years later in conversation I said to Bill, “That book
Newsletter
Subscribe now Money is a mere representation. At all times money is fundamentally a matter of faith. Despite every entry on every account ledger, all money’s value requires faith. As with all matters of faith, discussions about the nature of money quickly get squishy. This in no way diminishes