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The Real Cause of Rising Commodity Prices: Inflation, Not a Bubble
By Sean Dempsey, 3/19/25 This is a response to Max Baecker’s terribly misguided recent piece in Forbes. The Real Cause of Rising Commodity Prices: Inflation, Not a Bubble The surge in commodity prices today is not the result of a speculative bubble but rather a direct consequence of inflation caused by a massive expansion of […]
The Hypocrisy of Partisanship
It is funny, in a way, how people view politics. For most it is like any professional sport, they choose a team at some point in their life, based on some illogical rationale, such as the color of their uniforms, a family member who roots for them, or maybe it was the only team on […]
Eliot Spitzer and Sophistry
In Ancient Greece sophists were teachers who taught virtue, which in those days generally meant the art of statesmanship, to young men rich enough to afford their services. Sophistry, as their art was called, is a trade much criticized in the dialogues of Plato, where Socrates attacks not only the practice of teaching for a […]