MONEY

Dealing with people’s money, like running a restaurant, provides a unique insight into human nature. I wrote about this for several years in a monthly column, NOTES FROM A FINANCIAL PLANNER, published by The Real Estate Magazine. In those years I was constrained by the legal requirements of my profession. Here you will get the unconstrained version. I hosted a financial talk show, MONEY TALKS, on KMFB, a Mendocino radio station. Some of those shows were taped and you might find a few clips posted on this site. Anything and everything having to do with money is fair game. Stay tuned!

How To Choose

  [Click on BLUE links for sources and more information]   Having just gone through an election, I’m reminded of some things I ponder from time to time.     When I studied economics in college, I had the great fortune to meet the Nobel economist Kenneth Arrow.  His...

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Reassessment II

[Click on BLUE links for sources and information]   In our last post TITM defined the economic mindset and pointed out what we think are some defects. This post is a first attempt to outline possible changes that might correct those defects. It is obvious a short blog...

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Reassessment

  [Click on BLUE links for sources and information]   Overproduction of growth hormone causes excessive growth. In children, the condition is called gigantism. In adults, it is called acromegaly.  Excessive growth hormone is almost always caused by a noncancerous...

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The Goldilocks Life

  [Click on BLUE links for sources and information]   All work and no play makes Jack a dull boy. All play and no work makes Jack a mere toy. Maria Edgeworth, Harry and Lucy Concluded   What is “just right” when it comes to “how to live”? Sarah Bakewell’s book on...

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Bonehead Economics Reboot

  [Click BLUE links for sources and information]   A year and a half ago TITM posted: Bonehead Economics: Things to Know in the Era of Trompudo. Today, once again, the lack of clear thinking is leading us down a problematic road. The Nobel economist, Joseph Stiglitz,...

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Cat Fight

  [Click on BLUE links for sources and more information]   Government shutdowns are not a new thing.  Gary Evans over at Global Macro Monitor recently provided an effective short summary with this graph.     It is interesting to observe that the government shut down 8...

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Goldilocks

  [Click on BLUE links for sources and more information]   Just then, Goldilocks woke up and saw the three bears.  She screamed, "Help!"  And she jumped up and ran out of the room.  Goldilocks ran down the stairs, opened the door, and ran away into the forest.  And...

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Eating the Seed Corn

  [Click on BLUE links for sources and more information]   Wise old farmers have long had a saying: Don't eat your seed corn. In simple terms, it means that every seed that comes through your hands has the potential to either be eaten or planted for next year's...

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The Rich Get Richer

  [Click on BLUE links for sources and further information]   Billionaire Michael Bloomberg, erstwhile Republican now Independent, has an article out today This Tax Bill Is A Trillion-Dollar Blunder.  It’s a “must-read” for anyone who cares about our economy, our...

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Welcome to the American Kleptocracy

  [Click on BLUE links for sources and more information]   Kleptocracy:   a government or state in which those in power exploit national resources and steal; rule by a thief or thieves.   Damn the torpedoes, full speed ahead.  David Glasgow Farragut   It’s been...

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The Greatest Heist in History

  [Click on BLUE links for sources and further information]   Better views of some of the charts and some of the analysis used in this post can be found HERE:  Wage Stagnation in Nine Charts     America can be divided into five income classes:  the hoity toitys, the...

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Do We Really Need This Tax Cut? Just Askin’

  [Click on Blue links for sources more information]   NOTE:  Treasury Secretary Steve Mnuchin and his wife celebrate the first batch of dollar bills with his signature in the Feature Picture above.  Mnuchin, who supports the current tax cut, made millions after his...

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