There are three ways to compete: (1) build a better or cheaper product; (2) marketing, including trashing your competitors; or, (3) getting the government to either help you or hobble your competitors. Elements of all three are going on in the competition to supply fuel for man (food) and machines.
Read MoreIn the 15th and 16th centuries, there were at least legends of “whipping boys” who would be whipped when the crown prince did wrong. Today, it might be argued those that are less well-off suffer the consequences for what the rich do wrong. We see this in the actual consequences of going after the rich, where their crime is primarily being rich.
Read MoreIn my mind, the absolute worst word in the English language is “ignorant.” Words that seem to accompany that adjective include “stupid” and “rude.” I am the last person in the world who feels that any word should be banned but, because this word is used as an insult, baggage that it clearly does not deserve, I hope we can find something that works better.
Read MoreWorrying about COVID has dropped for many people with only thirty-five percent of U.S. adults being worried about contracting COVID-19. But for those who have been fully vaccinated, only one in five people have any concern. That is still a large number.
One question that polls tend not to ask is, what exactly are people worried about?
Read MoreBecause I am finishing editing my book, Fixing Food, this week, I am in the mood for a game so I thought I would create one. The structure of the game comes from Maurice McTigue, senior scholar at the Mercatus Center and former Minister of Labor in Australia (and numerous other achievements). Maurice looked at policies that used inputs and outputs to achieve outcomes. That’s the structure of the Future’s Game.
Read MoreHow should we decide what to believe? Should we make decisions using the same type of information that rulers of ancient Greece did? How about using information generated in the top-secret method developed for the military following WWII? Or should we continue to use information that projectile vomits at us with our favorite flavors?
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