And I’m not sure what the relationship between the general rate of PP decline has to do with the very strong auto price inflation vs CPI over the last several decades… You are correct, however, in pointing out that auto inflation has indeed been “hedonic” primarily and...
Geert Wilders, leader of the victorious Freedom Party in last November's Dutch General Election has been forced to give up his efforts to form a coalition that could command a majority in the Netherlands' state assembly and now accepts he will not be the next prime minister of the Netherlands...
“We have penetrated into the mysteries of the atom and have UTTERLY FAILED to grasp the Lord’s Teachings of His Sermon on the Mount.”– U.S. Army General Omar Bradley to the 1947 West Point Graduating Class It might very well be that God OUR FATHER in Heaven has/is dispatching ST...
But while writing, there was no way of escaping the reality of what is happening all over the world: catastrophic floods, deadly wildfires. Saint-Martin-Vésubie, a beautiful village in the French Alps where I went hiking a few years ago, was recently ravaged by a violent storm: several pe...