The Stock Market – Explained

Many discussions have been devoted to the question of “what is the stock market” and/ or its variant “how does it work?”  Rather than rehash what others have said, I’ll attempt to reframe the question in a way that I believe is more relevant and then provide something...

I’m convinced that economic life Jane Jacobs - The Nature of Economiesis ruled by processes and principles we didn’t invent and can’t transcend…the more we learn of these processes and the better we respect them, the better our economies will get along.

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The Real Meaning of Economic Development

On Saturday,  I spent the afternoon at a Washougal City Council workshop intended to revisit the cities economic development plan, with a specific emphasis on the downtown core.  The following post is a summary of my thoughts over the last few days.  There is more to...

Redefining Economic Health

This post started with a seemingly simple question.  Is it possible for an economy to be healthy without growing? As a starting point, it is important to understand the method presently used for determining our nations economic health.  For 7 decades, we have used...

Dear Mr. Warren Buffett

As an investor, Warren Buffett has few peers. As a philanthropist, he is second only to Bill Gates. As a tax advisor, Mr. Buffett is misguided. In a letter to the NY Times on Sunday, Mr. Buffett tells of checking with his “mega rich” pals to determine if they, like...