Spoiled Brat Politics, Part 2

The idea that what I want overrides what you want has increasingly become part of our thinking, our policies and even our laws. There is literally a federal case before the Supreme Court over the fact that many colleges and universities refuse to allow military...

A Nation of Sheeple

President Bush informed the nation, during a press conference, that he might seek to use the U.S. military to quarantine parts of the nation should there be a serious outbreak of the deadly avian flu that has killed millions of chickens and 60-some people in Southeast...

Spoiled Brat Politics, Part 1

An editorial in a recent issue of the National Geographic’s “Traveler” magazine complained that kayakers in Maine found “residential development” near national parks and urged its readers to use their “influence” to prevent...

Recycling

I wanted to share a few of my thoughts on a posting from Daniel Schwartz’s blog in which he discusses recycling. The post in question begins: “While I do not know enough about economics in general or the economics ofwaste disposal in particular to have staked out a...

Running Out of Gas

There aren’t many iron-clad rules in investing, but there’s one: Bet against anything that the vast majority of investors agree upon. Right now, based on conversations with my clients, who are some of the best and brightest investors on Wall Street,...

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