Latest Haikus
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Christmas Morning
Slow Christmas morning
Gray sky softly blankets all
Cheerful birds singing
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Office Days
In the beige office
Gray clouds loom through dull gray glass
Vibrant souls float by
Latest Articles
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What a Retail Sales Report Can’t Tell You
August’s numbers were strong. Here’s the accounting behind them — and why next year’s math is different. The terms MARTS Monthly Advance Retail Trade Survey, from the Census Bureau. Source of the monthly retail sales headline. Raw dollars, unadjusted for inflation, covering only retailers and restaurants. Nominal vs. real Nominal is dollars spent; real adjusts…
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The Idle Capital Fee: A Pragmatic Approach to Economic Circulation
Index 1. Introduction A billionaire who hoards his wealth as gold in a basement is not the same as a billionaire who invests his wealth in machinery and human capital. The former is a drag on the economy; the latter is its engine. Yet, a traditional ‘Wealth Tax’ punishes both equally. This is a strategic…
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Imran Khan Arrest: Geopolitics, Conspiracy, or Just Simple Corruption?
The arrest of Imran Khan has sparked a global debate. Was the former Prime Minister the victim of a US-China proxy war, or was he simply a corrupt politician finally facing justice? The answer depends on which lens you look through, hence to understand the full picture, we must look at five competing narratives—ranging from…