Skip to main content

Economic Dolts


I watch a lot of business shows and a singular thing I’ve noticed is that many of the corporate capital management leaders think linearly.  Yes… They are always telling us that because of this there will be that.  There is not an assemblage of facts, hardly a thought, just a simple rule.  

For example, a week or so ago we experienced a reversal of interest rates between short term and long term, with the longer term rates suddenly lower. Every guest interviewed told us a recession was imminent.  In two weeks, the rates were back to normal.  No recession at all.

BTW, these people are paid big bucks. 

-------------------------------------------------------

Political campaigns these days are different. They’re dirty, derogatory, and deranged.  All candidates must now prepare for


·       Pledging support for expensive and unrealistic goals,
·       Scandals, usually related to sex, though possibly fake,
·       Past sins, even back to high school,
·       Appeasing the base then pivoting to the middle,
·       Past lies (documented) and past lies (from weak testimonials),
·       Past or recent changes in policies or beliefs,
·       Income tax problems,
·       Illegal alien hiring.

Thanks are given to the graft possibilities for the winners. 

Labels:

Comments

Post a Comment

Please Comment.

Popular posts from this blog

Behavioral Science and Problem-Solving

I.                                       I.                 Introduction.                Concerning our general behavior, it’s high about time we all had some understanding of how we operate on ourselves, and it is just as important how we are operated on by others. This is the wheelhouse of behavioral sciences. It is a vast subject. It touches our lives constantly. It’s influence is pervasive and can be so subtle we never notice it. Behavioral sciences profoundly affect our ability and success at problem-solving, from the elementary level to highly complex wicked problems. This is discussed in Section IV. We begin with the basics of behavioral sciences, Section II, and then through the lens of multiple categories and examples, Section III. II.     ...
Post a Comment
Read more

Principles of Insufficiency and Sufficiency

   The principles we use but don't know it.  1.      Introduction . Every field, scientific or otherwise, rests on foundational principles—think buoyancy, behavior, or democracy. Here, we explore a unique subset: principles modified by "insufficiency" and "sufficiency." While you may never have heard of them, you use them often. These terms frame principles that blend theory, practicality, and aspiration, by offering distinct perspectives. Insufficiency often implies inaction unless justified, while sufficiency suggests something exists or must be done. We’ll examine key examples and introduce a new principle with potential significance. As a principle of principles of these is that something or some action is not done enough while others may be done too much. The first six (§2-6) of our principles are in the literature, and you can easily search them online. The others are relatively new, but fit the concepts in the real world. At times, these pri...
Post a Comment
Read more

The Lemming Instinct

  In certain vital domains, a pervasive mediocrity among practitioners can stifle genuine advancement. When the intellectual output of a field is predominantly average, it inevitably produces research of corresponding quality. Nevertheless, some of these ideas, by sheer chance or perhaps through effective dissemination, will inevitably gain traction. A significant number of scholars and researchers will gravitate towards these trends, contributing to and propagating further work along these established lines. Such a trajectory allows an initially flawed concept to ascend to the status of mainstream orthodoxy. However, over an extended period, these prevailing ideas invariably fail to withstand rigorous scrutiny; they are ultimately and conclusively disproven. The disheartening pattern then reveals itself: rather than genuine progress, an equally unvalidated or incorrect idea often supplants the discredited one, swiftly establishing its own dominance. This cycle perpetuates, ensurin...
Post a Comment
Read more