Unlike most park owners, I am not a small-government guy. I think that public institutions can be a force for good and a useful counterweight to the uglier aspects of the market. If I had lived in the thirties (that’s the nineteen thirties), I would have supported the New Deal. If I had been able …
I will take a break from the usual crap and write a little bit about P.L. 117-7, the 2021 stimulus bill. The official name of the statute is The American Rescue Plan Act of 2021, but it is referred to hereinafter as the “Act”. In its final version, it is 242 pages of turgid PDF …
One night last week, a former writing instructor forwarded me a link to this article in the New Yorker. Upon receiving her email, I immediately shot off a reply to the effect of, how’s-the-writing-going-yeah-PE-funds-have-been-bidding-up-this-asset-class-for-years and then slid into an alcohol- and Netflix induced stupor. But then, overnight, the emails kept coming. Some people forwarded the …
We all know about Occam’s Razor. I recently learned that Christopher Hitchens coined his own epistemological rule that has come to be known as “Hitchens’ Razor”. Per Hitchens’ Razor, what can be asserted without evidence can be dismissed without evidence. If you say that the moon is made of Gribble without any evidence of the …