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Memories of the 28th Century

Miscellaneous thoughts about miscellaneous matters

  1. Fiscal Conservatism

    by , 01-06-2021 at 11:27 AM (Memories of the 28th Century)
    It as been a while since the term ďfiscal conservatismĒ was in common use, but in the years after WW II and before Reaganís Alzheimerís term it was in common use, and the concept was embraced by both of the major parties; although the Party of Lincoln was usually more for it, because the party of FDR was more focused on social problems, and some people thought that throwing money at a problem would eliminate it.

    Ronnie showed us that it made no difference what oneís political or ...

    Updated 01-06-2021 at 07:46 PM by PeterL

  2. Pricing Marijuana

    by , 03-11-2014 at 03:16 PM (Memories of the 28th Century)
    Iím not in Colorado or Washington or Uruguay or any other place where marijuana is legal, but I expect to be in not too long a time, because the legalization movement will be spreading. With that in mind, I looked at process in Colorado, and I was shocked. The prices look like they still have a risk premium in there, even though most of the risk has been removed by legalization. Itís not easy to estimate how large the risk premium is, but we should be able to make a reasonable estimate by comparing ...

    Updated 03-11-2014 at 04:45 PM by PeterL