The Curse of Paul Voelker

The Curse of Paul Voelker

America has always had a love affair with inflation. We love to see wages increase, home values rise and stock market prices go up. Unfortunately, costs also rise sometimes faster and our wealth actually will decrease instead of increase. But we do want our inflation...
The Dangers of Nuclear Energy

The Dangers of Nuclear Energy

Many years ago at the start of my first career, I was employed by General Electric Company and graduated from the Financial Management Training Program there in Schenctady, New York. GE at the time was probably the largest manufacturer of power generators for the...
Sovereign Debt

Sovereign Debt

It mystifies me to watch investment portfolio managers run to hide investment money in government bonds when they see the stock market in decline. Surely, balance sheets of most corporations, even some with too much debt, are in better shape than the balance sheets of...
Is Government Too Big?

Is Government Too Big?

We are so busy living our lives every day that it is likely never or only on a very rare occasion that we give much thought to our government and most of those thoughts will be around election time. We elect who we think is best and assume that they will run the...
Equality and Equality of Opportunity

Equality and Equality of Opportunity

You cannot listen to a radio or TV broadcast or read a newspaper today without seeing constant discussion about inequality. This is not limited to racial inequality, but also has been extended to include gender inequality and non-citizens, as well as, prejudice...