For more than one hundred years, governments have been trying to kill gold’s role in the monetary system. They’ve dreamed of a day when the cursed metal would vanish completely except as jewelry and luxurious adornment. And yet its monetary properties won’t go away. Central banks still hold it, and many have increased their gold …
The political season has unleashed its predictable frenzy, much to delight of people who make a living off it. But to what end? There are only two types of politicians who end up holding office, wrote H.L. Mencken: “first, glorified mob-men who genuinely believe what the mob believes, and secondly, shrewd fellows who are willing …
Twenty years ago, and much to the shock of just about everyone, the mighty Soviet Union, the very embodiment of Hegel’s view of the state as the divine on Earth, dissolved and disappeared. The malicious foe of the U.S., the deadly grizzly that was said to wander the world seeking whom it would devour, just …
The other day, a local hamburger joint was advertising a 99 cent hamburger, and I took the offer. It was great. I wondered: how can they make money this way? A few days later, my head still swimming with memories of that great experience, I went back. This time, I dug in a bit deeper …
Some friends and co-workers spent their holidays at Rancho Santana in Nicaragua, where you can live like a king on a pauper’s salary. The beaches are among the best in the world, and the people are nuts for Americans. There is every amenity and consumer product, even better stuff than you can get at Wal-Mart. …
If you are a visitor from another planet and you want to find out about real life on Earth, what do you watch on television to give the most-accurate picture: the news, the shows or the commercials? Think about it realistically. We are seeking here an accurate window into what human beings are really like, …
A staple of action/thriller movies like the Mission: Impossible and the James Bond series is that the government agencies have all the cool gadgets, stuff we can’t get. There’s usually some opening scene featuring geeky scientists displaying the latest technology, such as a pen that is really a flamethrower or special shoes that allow you …
One reason that the Brothers Grimm fairy tales have such appeal — more so than the folklore that came before — is that they deal with a world that is familiar to us, a world that was just being invented in the early 19th century, when these stories were first printed and circulated. They deal …
The barely-defeated legislation called SOPA (Stop Online Piracy Act) hit out of the blue and caused a global scramble among the smart set to make sure it was defeated. It was a close call, and the legislation isn’t going away. It will come back and back again, and it will require relentless vigilance to keep …
In the days following the gift-giving holidays, many millions of people stand in judgement over the quality of the gifts they gave and the gifts they receive. Did they arrive on time? Did the quality hold up? Did the reality match the advertising hype? The Internet ads an extra wrinkle. Anyone dissatisfied can post blistering …