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The Question of the Time for each American:
“Have I committed myself to a political agenda that works against my own interest?” How we each respond to the answer to this question should be informed by the answer to this second question: “Is my best interest in opposition to the greater good?” It is impossible to make sense of everything that is going…
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Class Warfare Erupts Openly—Can you see it?
The Trump social media post depicting a former president and his wife as apes has, at long last, inspired even some of his supporters to object that he has gone too far. The post was reportedly removed after 12 hours because of the push-back; some Trump supporters are going so far as to express disgust…
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Why the Epstein Files are Different
Ever since Trump announced that he could shoot someone on Fifth Avenue without losing votes and then appeared to prove this by ducking through release of the Access Hollywood tape unscathed, it has been a mystery what it would take for Trump’s supporters to turn on him. Scandal after scandal that would have terminated any…
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The Idea of Insurance
Capitalism, as we have known it, would not exist without the idea of insurance. The deployment of capital to achieve some purpose entails risk: In all these cases, the individual’s efforts to fruitfully deploy capital for economic gain must cease following one calamitous blow. Insurance is a mechanism to spread risk across multiple entities (seasons/individuals/corporations)…
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Turning Tide?
The people of the US are starting to wake up and push back on Trump’s authoritarian aspirations. Marjory Taylor Green is making noises against the loss of health insurance premium subsidies and cuts to medicare. Is this the Republican tide about to break? Maybe not, but Democrats are showing newfound strength, even though it now…
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The Baumol Effect—More Relevant than Ever
The strong performance on Tuesday (11/4/2025) of Democrats—particularly the governors’ of NJ and VA races and the NYC mayor’s race—has been attributed to the candidates’ disciplined messaging on their intention to address questions of affordability. In the case of Zohran Mamdani, he promised to freeze Rent Stabilized apartment rents, to deliver free and efficient bus…
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3rd Term? Let’s Get Fired Up, Obama!
Steve Bannon is the most forceful articulation of Trump’s rumored ambition to stay in the White House for another term. Obama could call his bluff by announcing that, if Trump runs for another term, then Obama will challenge him. The justification, of course, is that whatever means of circumventing the 22nd Amendment they argue applies…
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MTG Gets Real
Marjorie Taylor Greene is the canary in the coal mine. The respiratory system of canaries is much more sensitive to atmospheric deficiencies than are humans. So, miners took them down into the mines as an early warning system for danger in the air; when the canary became agitated or died, it was time to hurry…
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Rubicon
All this talk about “Crossing the Rubicon”…. The phrase gives a feeling of finality or something. But what does it actually mean? Well, when Julius Caesar was still just a war hero with glorious reports of daring conquests of the fearsome (and largely kingless Gauls), there was a region around the city of Rome inside…
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Antifa is a Terrorist Group?
The etymology of “Antifa” is a contraction of the word parts “anti-” and “fascist.” To label Antifa as a terrorist organization makes as much sense as labeling Lovers of Apple Pie as a terrorist group.