Deep Economy

On Dec. 21, 2012, I put $16 Million imaginary dollars in equal imaginary investments in 16 real energy companies; $8.0 in the Sustainable Energy space and $8.0 in the fossil fuel space. Excluding the value of dividends and transaction costs, but including the bankruptcy or crash of three companies in the sustainable energy space. As […]

On Dec. 21, 2012, I put $16 Million imaginary dollars in equal imaginary investments in 16 real energy companies; $8.0 iMil in the Sustainable Energy space and $8.0 iMil in the fossil fuel space. The Dow Jones Industrial Average is up 30.16 % from 12/21/12. The S&P 500 is up 39.3% from 12/21/12. The Fossil […]

Behind Oz’s Curtain of ‘Law and Order’ By C.C. Reilly Bill Thompson: Schools not Prisons “The [$34 million] the city wants to spend on [the Brooklyn House of Detention design] contract would be better used as a means to reduce class sizes and build more schools.” NYC Comptroller William C. Thompson, Jr. November 19, 2009

On Dec. 21, 2012, I put $16 Million imaginary dollars in equal imaginary investments in 16 real energy companies; Eight in the Sustainable Energy space and eight in the fossil fuel space. Here are the results since Dec. 21, 2012: The Dow Jones Industrial Average is up 30.26%. The S&P 500 is up 38.04%. The […]

On Dec. 21, 2012, I put $16 Million imaginary dollars in equal imaginary investments in 16 real energy companies; Eight in the Sustainable Energy space and eight in the fossil fuel space. In the 18 months between the close of trading December 21, 2012 and the close of trading June 20, 2014, The Dow Jones […]

Tweet   While it ain’t over till it’s over, 2011 is over. A lot that could have happened, didn’t.  Obama didn’t resign, Donald Trump didn’t throw his hat into the ring or divorce his current wife and marry one or more Kardashians.  Newt Gingrich threw his hat into the ring, but also didn’t divorce his […]

| | Tweet | In “Wanted: Worldly Philosophers,” Roger Backhouse and Bradley Bateman say:|”IT’S become commonplace to criticize the “Occupy” movement for failing to offer an alternative vision. But the thousands of activists in the streets of New York and London aren’t the only ones lacking perspective: economists, to whom we might expect to turn […]

“Taxes are the price we pay for civilization.” – Oliver Wendell Holmes. Tweet Taxes fund Medicare and Medicaid so the poor and the elderly can see a physician and get treatment when they are sick. Taxes fund education for our children and our neighbors children so they can grow up to be doctors, lawyers, engineers, […]

   Tweet I thought the market would crash in the wake of the Earthquake / Tsunami / Nuclear Meltdowns at Fukushima. It didn’t. However, something much less serious may be bringing the market – and the economy – to it’s knees. Politics. The Voice of America reported here that Standard & Poors downgraded US debt from AAA to AA+. […]

Tweet The battle raging today between Democrats and Republicans will not solve  the nation’s debt problems, nor avert a financial catastrophe in the future. The politicians do not appear to have a handle on a comprehensive solution to our financial woes. I’m not certain that I do, either, but I feel an obligation as a citizen […]

    Tweet A s they struggle to pay their bills, forced to work, the wealthy cope as only they can. By sending their children to summer camp in private jets. In  “To Reach Simple Life of Summer Camp, Lining Up for Private Jets” Christine Haughney, in the New York Times,  July 24, 2011, wrote: […]

Tweet The rainbow in the grey skies is magical and alluring. But take a look at history before suggesting that the USA should operate under the limitations of a balanced budget. A good place to start is by searching on milestone wars that made or saved this country. Try a search such as “US Revolutionary […]

Tweet On Ayn Rand, Objectivism, and Climate Change Ayn  Rand would not “believe” in climate change.  She would try to objectively determine whether the theory correctly modeled the data. While it is legitimate to question both the conclusions of scientists and the methodologies by which data are gathered, denying objective validity of the data, which […]

Tweet    During the Great Depression the Classical Economists said “Unemployment is voluntary. Business owners will not voluntarily keep the means of production idle.”  While he had been a student of classical economics, John Maynard Keynes observed that the data didn’t fit the theory. And, he reasoned, if the observable data don’t fit the theory, […]

NY Times Special (Business As Usual) Energy Section Clifford Krauss’ “Can We Do Without the Mideast?” sets the tone for the “Special Energy Section” in the NY Times, March 31, 2011. “The path to independence – or at least an end to dependence on the Mideast – could well be dirty, expensive and politically explosive.” […]