Category: Miscellanea

  • Quote of the Day

    “Indeed you can usually tell when the concepts of democracy and citizenship are weakening. There is an increase in the role of charity and in the worship of volunteerism. These represent the élite citizen’s imitation of noblesse oblige; that is, of pretending to be aristocrats or oligarchs, as opposed to being citizens.” – John Ralston…

  • Are Stocks Really A Bargain?

    Elliott Wave International asks, “Are stocks really a bargain?” If you believe your eyes, the answer is pretty clear. P.S. In case you were wondering what the current DJIA dividend yield is (click the link above to see why this is relevant), you can see that here.

  • Quote of the Day

    “It was during the first period of this constitution that the Athenians appear to have enjoyed the best government that they ever did, at least in my time. For the fusion of the high and low was effected with judgment, and this was what first enabled the state to raise up her head after her…

  • Skipping Down the Garden Path

    I offer a final thought for the evening. Last night, a dear friend and I were discussing the state of the world and the nation, particularly with reference to some of the more extreme economic proposals made by politicians and pundits of varying degrees of skill. My friend is one of the most intelligent, well-educated,…

  • In Praise of Logic

    Sometime in the last few generations, logic started getting short shrift. I don’t mean logic as a concept; plenty of people can, and do, invoke “logic” as a defense for completely absurd arguments. No, I mean LOGIC, the formal subject of study, the one involving formal concepts like “and,” “or,” and “xor,” as well as…