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Financially Transmitted Diseases

I came up with Financially Transmitted Disease, or FTD TM for short, a couple of years ago. It all happened when I was having dinner with some colleagues discussing quantitative easing (QE) and negative interest rate policy (NIRP). NIRP will have the biggest impact...

Alasdair Macleod Wants to Invent a New Form of Math

I lived in California when I was in the 7 th grade. The state led the rest of the US in education. That was before it turned into a socialist paradise. I took an algebra course in the 7 th grade; California would let you take any course the teacher would allow you in. I...

Gold and Oil: Remembering the '70s

Before I get started on my weekly commentary, I want to thank you all for the waterfall of responses to A Boomer's Plea posted last weekend, in what I must confess was my most impassioned missive of a multi-decade writing career. Speaking out as a member of the generat...