Professor Rosenblum called it correctly forty years ago: They'll never put you in a situation where you have no choice. They'll stick to salami tactics. Admittedly he was talking about Russ… (View Post)

There was a conversation here recently about why the Quakers were such successful entrepreneurs. In part, that was because they held themselves to higher standards, enforced only by a sky fairy. But … (View Post)

Do we need Michel Barnier to get that staircase diagram out again? There may be some more improvements on the step the UK chose to place itself on, but the fundamental access/autonomy tradeoff remain… (View Post)

The trouble with housing costs is that the average doesn't tell us much. My goto example is the street where I live. Some of my neighbours are retired school secretaries who bought many decades … (View Post)

Probably the problem that underlies most of our other problems. Stuff should get cheaper, better and more abundant as time goes by. Just by accumulation of technical knowledge, if nothing else. And y… (View Post)