The official site of the economics work of Keith Weiner, PhD
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With the recent 250th anniversary of the American Declaration of Independence, I thought it was appropriate to write about the key idea, the Declared Principle. “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain inalienable Rights, that among these are Life, Liberty, [ ]
I know I was busy this year. But now I see that the last piece I wrote for the blog was Reflections Over 2024! And I did almost no writing for Monetary Metals either. I will try to write more this year. Aside from not writing, it’s been a very good year for me and [ ]
How to start an essay on my year… Well, I traveled a lot. First, I went to New Zealand, Australia, Singapore, and then Dubai. I had to come home for our annual face-to-face meeting in Arizona. We gather all the employees for a week of presentations, meetings, and informal gatherings. We call this “The Refinery”, [ ]
Marian Tupy and Gale Pooley, at the Cato Institute, write about the Simon Abundance Index. SAI is named for Julian Simon, famous for his bet with the Malthusian Paul Ehrlich (infamous for writing The Population Bomb). Simon bet Ehrlich that commodity prices would fall from 1980 to 1990. Simon won the bet, but the whole [ ]
by Keith Weiner, April 1 2024 They filed into the small room. After an ordeal, they were sent to the basement of the John Law Building. They had asked for the big auditorium at the center of the architectural wonder known as The Tulip, where they could be seated on stage in front of an [ ]
I am writing this from home. But I spent five of the last six months of the year on the road. Most of that was overseas. In Reflections last year, I wrote about the gruelingness (yes, that’s a word coined as of right now) of it. So I won’t repeat that, but I’ll just say [ ]
OK, I will admit it. I talked (well, typed) with ChatGPT. It’s free. It’s on the Web. It’s easy. And it’s talked about, a lot. What did I ask it? I asked it about me. It was a fascinating exercise. If anyone (including me) asked it about the work of a third party, there is [ ]
The life of an entrepreneur is not what most people would call “normal”. I don’t refer to the guy who buys a fast-food franchise. Nor to the gal who builds a chain of hair salons. Nor to the folks who have law or accounting firms. These are all entrepreneurship. I don’t know a lot about [ ]
Rail workers are striking in the UK. They want pay raises to compensate for rising consumer prices. Unfortunately, the UK government has forced prices higher by various means: restricting energy, trade war, lockdown (which caused a huge whiplash), and relentlessly increasing regulations. Not to mention sanctions on Russia. The government made everyone poorer, and the [ ]
The use of violence is like JRR Tolkien’s One Ring. The forces of evil seek to use it. For example, consider the looting, rioting, and arson that occurred in the wake of the death of George Floyd by Officer Derek Chauvin. Something was lost on the Left, or perhaps they know and don’t care: if [ ]
