The Good Inside

This piece originally ran in 2016.

If you have a healthy news diet, you can easily be forgiven for thinking everything is going to Hell. Then again, that doesn’t seem too healthy. Perhaps “No news is good news” has a resonance far beyond the original intent of the folk saying.

Is there good in the world? Of course there is. People are helping each other and just being decent all the time. Yet in a world always closer together it seems as though there is a shortage of good things everywhere.

The difference, I believe, is what lies just outside of human scale. The world comes to us through machinery – ripped of context, stripped of humanity. It’s up to all of us to provide some context with our own empathy and judgment. Seeing good in the world is indeed about unplugging our brains from the noise and reveling in a good time with friends, a quiet moment alone, or even an hour passed in a patch of clover.

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When Economics Fails

I have been working on this, now what feels like a year overdue.  Look for more this week.

Economics is nothing more nor less than the study of the primary way in which people connect with society and get on with their lives.

In everyday life, you may interact with a few people – family, colleagues, and friends. But through the process of eating and paying the mortgage you interact, at some distance, with hundreds more. Because this interaction is entirely through something called “money,” a way of keeping score, it’s very tempting to look at it entirely through numbers. The dizzying details of tens of millions of exchanges every day makes a top-view in bulk the most desired method of analyzing how things are going.

Yet this process has proven wrong over and over again. The failure of economics, particularly macro-economics, is the primary reason why the only true study of an economy has to be a People’s Economics.

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US vs The World

The Bureau of Labor Statistics (BLS) announced the addition of 223k jobs in May, bringing the unemployment rate down to 3.8 percent. Labor markets are tighter than they have been since the Managed Depression started in 2000, and there is upward pressure on wages. What could possibly screw it all up?

How about a global trade war pitting the US against every other nation on the planet?

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