“At the heart of economics is a scientific mystery: How is it that the pricing system accomplishes the world’s work without anyone being in charge? Like language, no one invented it. None of us could have invented it, and its… Read More ›
Month: October 2017
There are fundamental facts about the nature of the world we live in which are unalterable by human desire or action. Conservation laws are an example of this. You cannot get something for nothing, on the aggregate. Certainly, A can… Read More ›
Dear all, Here’s wishing you a happy and prosperous Diwali. A bit about what Diwali is about from a previous year’s post follows.
Death and Taxes In 1789 Benjamin Franklin wrote that “in this world nothing can be said to be certain, except death and taxes.” I beg to differ. Unlike the certainty of death which is imposed by nature, taxes are entirely man-made… Read More ›