Bankruptcy Mechanism For Government

The fundamental misunderstanding people have about bankruptcy is that they view it as a failure state, when it is actually a vital cleaning mechanism. In a healthy economy, bankruptcy ensures that capital, talent, and real estate are released from poorly run businesses and returned to the pool for better allocation. Without this process, we end up with zombie companies that can barely service their debt but cannot grow or innovate, hoarding resources that could be used by more productive ventures.… read more “Bankruptcy Mechanism For Government”

A year without caffeine, part 1 | Bryan Alexander

https://bryanalexander.org/personal/a-year-without-caffeine/

I am coming up on a year without caffeine like this guy. I was never addicted like he was, nor did I face severe health problems from it. I just noticed that the quality of my decision making went way down on caffeine. I was not able to prioritize things properly. I would feel strangely tired or lazy sometimes or way too energized.… read more “A year without caffeine, part 1 | Bryan Alexander”

Tariffs

The entire purpose of tariffs is to protect industries and businesses and workers in your country. Tariffs do this by allowing prices to rise, signalling to entrepreneurs and investors that putting their money into this area will be relatively safe and provide good returns.

Trump’s tariffs were a good idea, but he is destroying this now by trying to reduce the price of food and allowing imports again.… read more “Tariffs”