Flip Golf Courses

Golf courses that try to mimic Scotland without Scotland’s climate require deforestation, or massive irrigation, or both. The environmental impact Continue reading →

China Crash Continues

China’s Shenzhen stock market is down over 30%. This bubble burst has a lot in common with other market bubbles: Continue reading →

Student Debt Hits All Ages

Mention student debt and conjure an image of a 25 year old recent college graduate. Their situation is tough. They Continue reading →

Americans Attack Americans

Trillions are spent on fighting terrorism. While terrorists should be fought, some perspective may be handy. Since 9/11, 26 Americans Continue reading →

A Stock Bubble Pops In China

China’s economy has impressed the world for the last few years. Some have thought that the elevated GDP and asset Continue reading →

Migrating From America

One measure of the pre-eminence of the United States is that 35% of Americans would consider moving to another country; Continue reading →

Undamming America

Dams were erected for irrigation, flood control, and hydroelectric power. They succeeded. They are not, however, eternal. They are massive, Continue reading →

IMF Dislikes Greek Debt

The International Monetary Fund thinks Greece is carrying too much debt. No news there. Greece’s debt is at about 180% Continue reading →