An old Russian/German guy by the name of Wassily Leontief once said of economists, "We move from more or less plausible but really arbitrary assu…

Last week brought us two stories of two companies mentioning their respective lean manufacturing efforts. I thought I'd show you a couple quotes a…

Today's one of those days when a question poised by one Wall Street Journal article is answered by another. First we have the news that the Obama…

It is easy to view a foreign place as one big homogeneous blob if you've never been there, but that is rarely accurate, and the USA is no exceptio…

Would you buy a cell phone from these guys? These cats are The Elegants - the original One Hit Wonders.  In 1958 their song, "Little Sta…

By popular demand, the debt chart time phased by year and adjusted for inflation. Scott, if you are the sort of fellow inclined to say 'I told yo…

Yesterday I posted a chart showing the total debt per person at the end of each administration going back to Eisenhower. Between my email inbox and th…

CNN had another story this morning on the problems with California - specifically with companies fleeing the state. Buffeted by high taxes, strict…