Early in my career, I became the electric vehicle resource expert for the transportation section of the Department of Energy. Congress asked DOE to find out if penetration of electric vehicles would simply exchange an…
The Past Labor Day, September 6, 1967, is a day this author will never forget. Like most of us, I was not born with a silver spoon in my mouth. I paid for my college…
My Stepfather, a Marine in WWII, was sailing toward Japan when the war ended. After the war, he worked in the steel mills in East Chicago, Indiana. Things did not work out in his first…
Years ago, I was watching the fireworks show at Disney World Castle with my family. My family and I were maximizing our utility (want satisfying power) and enjoying Tinkerbell flying across a wire above us…
When I was in Little League, my father was not a coach or manager, so I was at risk of bad things happening. That was Strike One. In the championship game, I was playing first…
Tariffs make no sense You know when you get to be 74 you either retire and mow your lawn six times a day, and look forward to the next doctor’s appointment, or you keep doing…
A friend emailed me an opinion piece recently published in the Wall Street Journal. You can read “Adam Smith’s Refreshing Idea of Justice; His definition attempts to minimize harm while maximizing freedom” by Vernon Smith.…
This is a new form of economic message that I call: Interesting Economic Facts. There will be no analysis; only thought provoking facts for you to consider. I’m interested in your comments. Below, see what’s…
A few weeks ago my wife and I were going out to dinner. It was dark and cold, and she was going to drive. We left home and were several miles out when a large…
A few months ago, I was driving with my wife, and she and I were deep into a discussion. I pulled into the gas station, went into the store and paid $25 for gas,…