Source: Facebook

  • Three days of cooking: Friday, I made lime and hot pepper Pho with shredded dark

    Three days of cooking:

    Friday, I made lime and hot pepper Pho with shredded dark chicken, fresh udon noodles, bok choy, lemongrass, scallions, fresh pressed garlic, and assorted mushrooms, garnished with carrot shavings and parsley.

    Saturday, I made turkey and pancetta in a fresh tomato sauce heavy on fennel and red pepper served over zitoni, garnished with mozzarella and parsley.

    Today, Comfort food. Turkey dinner. The smell of roasting bird. Mashed potatoes. Cranberry sauce. Green beans. Amanda played chef.


    Source date (UTC): 2011-12-11 21:34:00 UTC

  • Capitalism

    http://www.capitalismv3.com/index.php/2011/12/defining-capitalism/Defining Capitalism


    Source date (UTC): 2011-12-11 20:47:00 UTC

  • in the 1% Club? Education? No. it’s IQ

    http://www.capitalismv3.com/index.php/2011/12/is-membership-in-the-1-club-education-or-iq/Membership in the 1% Club? Education? No. it’s IQ.


    Source date (UTC): 2011-12-11 20:46:00 UTC

  • Q: “So why is everyone so opposed to inflation? Don’t they realize that inflatio

    Q: “So why is everyone so opposed to inflation? Don’t they realize that inflation reduces debt in real terms?”

    This is why people are opposed to inflation:

    1) Moral hazard – punishes people who save and live within their means

    2) Fixed Income Punishment – Harms those on fixed incomes who are impoverished by inflation.

    3) Business Risk Taking Impediments – planning becomes difficult because of price variability (this can be good and bad).

    4) Interest Rate Peaks – barrier to rates. Effectively inflation helps big companies with fixed capital costs, and hurts small businesses who need cheap access to capital. This is why Paul Krugman’s chart was effective in 1935 and is ineffective today.


    Source date (UTC): 2011-12-10 15:06:00 UTC

  • Freedom to Slavery: The Five Evolutionary Stages Of Fiat Currency

    http://www.capitalismv3.com/index.php/2011/12/the-five-evolutionary-stages-of-fiat-money/From Freedom to Slavery: The Five Evolutionary Stages Of Fiat Currency.


    Source date (UTC): 2011-12-10 13:42:00 UTC

  • My post popular articles? They’re on fashion. Yep. My next most popular articles

    My post popular articles? They’re on fashion. Yep. My next most popular articles? On relationships and sex. Of course. Next most popular articles? On business. Yep.

    Why do I bother writing about Political Economy and Economic Philosophy?

    I studied fine art. I studied art history. I can render, I can sculpt, I can design architecture. I can write hella-good art criticism. (It’s almost impossible to study fine art any longer in the west.)

    I also studied painting. But I can’t paint. I’ll never be able to paint. Ever. I just don’t have the color sense. But I studied painting anyway, despite the fact that I’m terrible at it.

    I choose political economy to write about (what institutions, both formal and informal allow people to cooperate in large numbers to produce prosperity – or not produce it. I choose economic philosophy to write about (what’s possible to accomplish with numbers, and what’s not). I choose political philosophy to write about (how people make decisions as groups, and what decisions they will make.) I choose Cultural Economics to write about (how different informal cultural value judgements have vast consequences.)

    I write about what people don’t care about. It’s a sickness. It must be. 🙂

    Masochism. 🙂


    Source date (UTC): 2011-12-09 15:11:00 UTC

  • Aren’t Meant To Be Friends. Men spend time with women to place a put on an optio

    http://www.youtube.com/watch?v=T_lh5fR4DMAWe Aren’t Meant To Be Friends.

    Men spend time with women to place a put on an option for sex. That’s the reason. That’s the only reason. Even if it’s a long option. Even if it’s an infinitely long option. Time is a cheap put. (Women’s gracious illusions to the contrary.) Somewhat interesting and intelligent women decrease the cost of the put. Hot dull women increase the cost of the put. Unattractive women decrease the utility of the return on the put. But its all about the put. Women just aren’t that interesting. Male empathy tends by way of testosterone to make them ‘feel’ abstractions, machines, and processes, not people – something few woman ever seem to be able to grasp.

    Now, if you find an educated and successful and honest woman over 50 or so, who was very attractive in her youth, she’ll give you a similar story about men: Mainly, that you should ‘try an athlete, try a troublemaker, try a musician’, to get ‘it’ out of your system, and then find yourself a decent man who w…


    Source date (UTC): 2011-12-09 09:11:00 UTC

  • Found out that I got a lawyer disbarred. It can actually happen. I’m surprised.

    Found out that I got a lawyer disbarred. It can actually happen. I’m surprised. It was years ago. I hadn’t followed the process. But at least in egregious circumstances the system works. (Think creative billing as in ‘the Firm’.) I took out the whole company, one person in jail. Lawyer disbarred. CEO had to forfeit all his assets. FWIW: deca-millionares are generally from the middle class, made their money in business and have a reputation for being honest.


    Source date (UTC): 2011-12-09 08:42:00 UTC

  • is irrelevant. Property rights, the common law, manners, ethics, morals and trut

    http://www.capitalismv3.com/index.php/2011/12/democracy-is-irrelevant-for-the-creation-of-prosperity/Democracy is irrelevant. Property rights, the common law, manners, ethics, morals and truth telling, which support property rights are what is required for a wealthy country.


    Source date (UTC): 2011-12-08 09:59:00 UTC

  • “We don’t let children play with matches. It’s dangerous. Not just for them, but

    “We don’t let children play with matches. It’s dangerous. Not just for them, but for everyone else. They can burn down the whole house. For the same reason, we shouldn’t let Keynesians play with money. They burn the civilization to the ground while they cheer the bonfire, congratulating themselves on having made heat for everyone.” — (Me.)


    Source date (UTC): 2011-12-05 09:17:00 UTC