Tag: history

Response to the Race in Economics Dilemma.

There are two broad perspectives on social class: Class status as having access to a continuum of resources, with richer people above poorer people on the socioeconomic ladder (on the left) Class as a set of discrete groups, with smaller, higher classes stacked on top of larger, lower classes (on the right) Thomas Sowell in … Continue reading Response to the Race in Economics Dilemma. →

Selling Your Soul to the Record Dealer.

Hip-hop/rapper artist Immortal Technique gave a perfect analogy to describe the strife between music artists and record labels that have persisted for decades. “A record deal is a loan with horrible interest rates.” Unlike a house where you own it after paying it off, in the music industry, the label keeps ownership of your music … Continue reading Selling Your Soul to the Record Dealer. →

Reflection On “The Drum Major Instinct” by MLK.

“The Drum Major Instinct”— a sermon by Dr. Martin Luther King, Jr. On 4 February 1968, Martin Luther King, Jr., preached “The Drum Major Instinct” from the pulpit of Ebenezer Baptist Church. Ironically, two months before his assassination on 4 April 1968. “The drum major instinct” means a desire to be out front, a desire … Continue reading Reflection On “The Drum Major Instinct” by MLK. →

Reflection On “The Drum Major Instinct” by MLK.

“The Drum Major Instinct” — a sermon by Dr. Martin Luther King, Jr.On 4 February 1968, Martin Luther King, Jr., preached “The Drum Major Instinct” from the pulpit of Ebenezer Baptist Church. Ironically, two months before his assassination on 4 April 1968.“The drum major instinct” means a desire to be out front, a desire for attention, and a … Continue reading Reflection On “The Drum Major Instinct” by MLK. →

The Wizard of Oz as a Monetary Allegory. The Historical Reference on Economics and Populism in America.

The surprising and yet probably not a coincidental connection between The Wizard of Oz and the economic and political storms that led up to the Gilded Age (1870-1900). Some argue there is no connection, while others argue there is. Sometimes critics see more than what the artist (author) intended. Whatever the truth may be, it … Continue reading The Wizard of Oz as a Monetary Allegory. The Historical Reference on Economics and Populism in America. →

Those Who Knew (2007-08 Financial Crisis).

There were many who warned about a coming financial storm. The housing crash that led to the Great Recession (2007-2009) was not a black swan event contrary to popular belief by the traditional media and many of those who occupy positions of power in the capital of the United States, Washington D.C. A black swan … Continue reading Those Who Knew (2007-08 Financial Crisis). →

The Courage of Movements, Individual Choices, & Thinking For Yourself.

This post was inspired by Zinn's Presentation. Reuploaded from my Substack. Howard Zinn is a famous historian who Donald Trump once said was spreading Marxist or leftist views in American education with his book: A People's History of the United States. Trump wants to blame education for civil disobedience or for civil unrest. If my … Continue reading The Courage of Movements, Individual Choices, & Thinking For Yourself. →

Big Claims Requires Extraordinary Evidence.

https://www.youtube.com/watch?v=GNTczyGLdhc Charlie Munger Interview       Charlie is a 98-year-old wise man at the end of his life. There are some things I agree with him and some things I disagree with. He talked about a quote from Warren Buffett, "It is not greed that drives the world but envy." In my view, in some cases, … Continue reading Big Claims Requires Extraordinary Evidence. →