We’ve recently been discussing the tension (at best) or war (at worst) between centralization and decentralization. Our intention is not to beat a dead [...]
Pete Rose was one of the best baseball players of his generation. He was also respected as a manager. It wasn’t till he bet on games that he became [...]
Is the Trend Your Friend? Trend following is such a strong inclination that many people will stick with it right into the teeth of destruction. They believe [...]
We mentioned a problem last week that develops when nations become overly centralized: “In an overly centralized system, people become not independently [...]
Recent entries in this blog have focused on the centralization vs. decentralization struggle. Both conditions have advantages and disadvantages, and one of the [...]
The issue of centralization vs. decentralization has probably dominated the history of the United States more than that of any other country. It’s not a [...]
History has given an exceptionally clear verdict: capitalism provides a much higher and better standard of living for its practitioners than socialism. [...]
There are many times in life when something doesn’t seem right, but you can’t put your finger on the problem. You know enough to sense it, but not [...]
Hundreds of books have been written that chronicle man’s lust for power. Chief among them, of course, is the Holy Bible, but there are many classic works [...]
As you’ve walked through life, you’ve doubtless noticed that there are many things that are good if you use them well and bad if you use them [...]
People who endeavor to walk in the ancient paths “where the good way is” have been perplexed these past several decades. They know that it’s [...]
People who are on speaking terms with logic have a hard time understanding the attraction of communism. Taking things from people who have worked hard for them [...]
