Month: August 2023

Trust

In a July 18th post, I had shared a video of two kids offering to shovel someone’s driveway for $20. Go there to get the context of this post.

As I wrote in the post, I would be happy to point out why [the video] delighted me. A reader obliged and asked what was so special about it. Therefore here is why that brief video warmed my cold, economist’s heart. It’s a mix of enterprise, innocence, trust, and division of labor — all things that go into the creation of wealth in a society. Continue reading “Trust”

Vivek Ramaswamy

The fake battle between the Democrats and Republicans is getting started for the Nov 2024 US presidential elections. This time on the Republican side we have a surprise candidate: a 38-year old, superbly educated, very successful, wealthy entrepreneur named Vivek Ramaswamy. Vivek2024.com.

Going by his name, I guess he’s a Tam Bram (Tamilian Brahmin).

I think Vivek is brilliant. He’s probably the sharpest, most ambitious, most capable, most deserving of high political office that I have ever come across. If he gets to be the president of the US, it will make the world better off. The man’s incredible. Continue reading “Vivek Ramaswamy”

APOD

Globular Cluster NGC 6652 (click to embiggen)

Image description:  A dense spherical cluster of stars. The stars merge into a bright core in the center, and spread out to the edges gradually, giving way to an empty, dark background. Most of the stars are small points of light. A few stars with cross-shaped diffraction spikes appear larger, and stand out in front.

The New General Catalogue of Nebulae and Clusters of Stars (abbreviated NGC) is an astronomical catalogue of deep-sky objects. The image above (click on image to embiggen) is the globular cluster NGC 6652. A bit more about that from the European Space Agency: Continue reading “APOD”