Can You Trust Those Government Statistics?

A week or so ago, the Chair of the Federal Reserve, Janet Yellen, gave her bi-annual address to Congress on the state of the economic union. In it, she mentions several statistics the Fed is watching closely, unemployment and inflation in particular. However, there...

What’s Art Worth These Days?

Remember the Bible story about Joseph? He’s the one who achieved fame by telling the Pharaoh that Egypt would have seven fat years, followed by seven lean years. Then he followed up the prediction with wisdom, advising the superpower of the day’s ruler to...

Jobs After The Great Recession

As Mark was getting ready to graduate from high school, recruiters came to his school to recruit him to join Uncle Sam’s armed forces. The benefits, we all know, are good: cheap education, great benefits, and job security. Most high school grads, out to conquer...

Cycles: Is It That Time Already?

Days Next week is Tax Day, the 15th of April. As I was thinking about that, it struck me how driven we are by our calendars. Turkeys, we know, are raised in barns with no November page on their wall calendars — that would just bee too traumatic for them....