Ignorance Is Bliss

This is your last chance. After this, there is no turning back. You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland, and I show you how deep the rabbit...

Jim Grant Quote

The cardinal flaw of prosperity is the “elongation” of productive processes.  Thus, the economic purpose of a slump is to shorten…the structure back to the appropriate length, redirecting labor and capital out of the overdeveloped industries and back...

The End of Nautilus

The End of Nautilus This week marked the conclusion of an investment initiated nearly five years ago.  Nautilus is a local company based in Vancouver, WA that has seen tremendous success, been on the brink of bankruptcy, and now has returned to a measure of...

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...