Thoughts on the Grammys and Capitalism

As I thought about Robert Conquest’s quote last night, a kernel of a thought was forming…Conquest said: “Everyone is conservative about what he knows best.” My subconscious chewed on that and the 3 minutes of the Grammys I saw overnight and regurgitated this early this morning. In my opinion, if there is one industry that…

Prophylactic Measures

Buildings are designed to withstand earthquakes even though earthquakes severe enough to do damage property and threaten life are statistically rare. Levees and dams (other than those in California apparently) are designed to withstand 100 year storms even though 100 year storms are statistically rare. Bridges are designed with at least a two times safety…