03 | September | 2012

Wednesday, May 22, 2013

Time Magazine cover story: It’s ‘deja vu’ all over again

Mark J. Perry | September 3, 2012, 11:08 pm

If America’s economic landscape seems suddenly alien and hostile to many citizens, there is good reason: they have never seen anything like it. Nothing in memory has prepared consumers for such turbulent, epochal change, the sort of upheaval that happens … read more >

Carpe Diem

Markets in everything: Mobile showers in North Dakota’s Bakken oil patch

Mark J. Perry | September 3, 2012, 9:53 pm

Yahoo! News — “An armada of food trucks and other roving enterprises is catering to North Dakota oilfield workers. Eighteen-year-old Evan Jensen (pictured above) believed workers would value a hot shower nearly as much as a hot meal.” “He pitched … read more >

Carpe Diem

Israel’s energy revolution: From a barren energy island to a new bonanza of natural gas and shale oil

Mark J. Perry | September 3, 2012, 9:49 pm

From the August 31 Financial Times article “Field of dreams: Israel’s natural gas“: For decades a barren energy island, forced to import every drop of fuel, Israel today stands on the cusp of an economic revolution, fueled by the vast … read more >

Carpe Diem

Videos on the hydraulic fracturing process and the energy prosperity it has brought to North Dakota’ Bakken region

Mark J. Perry | September 3, 2012, 11:30 am

Here’s the technology driving our energy bonanza. Here’s another great animation (see another one here) of the drilling technology that is responsible for America’s revolutionary, game-changing, shale-based energy bonanza, which was described by CEO Robin West of PFC Energy as … read more >

Carpe Diem

Great moments in government regulation, 1,000s of low-level bank employees have been fired due to new FDIC rules

Mark J. Perry | September 3, 2012, 11:19 am

From USA Today: Richard Eggers doesn’t look like a mastermind of financial crime. The former farm boy speaks deliberately, can’t remember the last time he got a speeding ticket, and favors suspenders, horn-rim glasses and plaid shirts. But the 68-year-old … read more >

Money Printing Isn’t Always Inflationary
Republicans are wrongly giving fear of money printing a higher priority than the growth debate. Robust growth is as close as we can get to a panacea for our monetary and fiscal problems. […]
Hindsight Isn’t 20/20
Many lessons should be drawn from the U.S. experience in Iraq. Unfortunately, we’re not learning what we should. […]
The Uses of Scandal
One of the greatest uses of scandal is to vividly demonstrate what new laws are needed and to create the political conditions to get them enacted. […]
Lean In… to Government?
Sheryl Sandberg's runaway best-selling book Lean In has managed to offend both the Left and the Right. Sandberg touts female hard-headedness, yet also calls for an elaborate government- and employer-supplied support system for women. […]