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  • Be careful what you wish for

    Introduction We are awash in debt, assert numerous authorities. And they point to the charts which show debt mounting seemingly to the sky. But not all debt is bad. Some of it is good. We should save more and spend less. But if we do, there are consequences that we may not like. What's good for an...
  • The Canary in the Coal Mine

    Introduction English coal miners, starting around 1911, would put a canary in the coal mine to warn them of air quality problems. This practice of two canaries in each pit continued until 1986, at which times electronic sensors went into use. In the world of economics, there are also things which are...
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