It’s All a Game

Posted on 6 January 2017 by Erik Hare | 14 Comments

The word “Byzantine” describes an incomprehensible, unreasonable level of complexity. It came to our language as many words do, from French. The reference is to the court of Byzantium in Constantinople, where the diffuse power and responsibility made even the simplest of tasks difficult. It was an empire built for stability, not change, and no one was capable of challenging the ruling class.

We are in the process of learning just what this means in Washington. Barataria has discussed this before as well as the underlying psychology which will drive it, but as it unfolds it is important to watch. If our Republic is to survive the next four years we must understand what is in the process of happening.

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Economy of People

Posted on 4 January 2017 by Erik Hare | 8 Comments

It’s a bizzy return-to-work week, and I don’t know how to say this any better. This post, from 2013, is presented just as it was because so much of it is relevant. This was elaborated on at length in my discussion series People’s Economics in 2015, but this is the summary. I still believe that this is what we should be talking about rather than the nonsense which passes for “politics” today – and that nearly everyone is utterly missing the ability to analyze what is happening around all of us in any useful way.

The economic teachings of Pope Francis are a hot topic. People feel a need to weigh in on what he said whether they understand it or not. But it’s the simple fact that so many don’t understand where this comes from that is probably the most important point in the public debate.

To sum it up: Money should work for people, and not the other way around. That shouldn’t be controversial, but having forgotten this way of looking at things is may be at the heart of economic and social cycles. The simple answer is that it’s time we remembered. More to the point, that philosophy is at the heart of American tradition going back to our earliest days.

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Start the Year Right

Posted on 2 January 2017 by Erik Hare | 13 Comments

Happy New Year! In this time of turmoil it’s hard to say what the turn of the calendar will bring. Yet it remains true that life is what we make of it.

Barataria promises to dedicate itself to spreading as much peace, brotherhood, and happiness as possible in 2017. We’re all going to need it. Someone has to lead the way – which is just what this piece is about.

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May You Live in Interesting Times

Posted on 30 December 2016 by Erik Hare | 10 Comments

Years ago, Barataria predicted that 2017 would be “The Year Everything Changes”. The lesson is, of course, that we all need to be careful what we wish for.

The basic underlying forces which drove that prediction have not changed. The holiday shopping season has yet to be fully tabulated, but it appears that the robust 3.6% gain predicted was met or even matched, with one estimate showing a 4.9% gain. Baby Boomers will still hit retirement age and there will definitely be a shortage of workers coming up, especially in certain skilled areas.

For all that hope, the upside will be limited by an incoming Trump administration. It’s not just that they are largely tied to political views which do not fit the situation, it’s that many of them have little to no experience making policy. To a large extent, nothing will get done. But what does get done will happen among the bureaucracy. That may mean more change than we all think.

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