Author Archives: binkleym

All cats are animals, but not all animals are cats.   Pretty simple logic. All inflation causes price increases, but not all price increases are caused by inflation.  Same logic. The past few weeks I’ve seen several friends have Facebook freak-outs … Continue reading →

After the accident in Japan, a majority of Americans believe America needs a moratorium on nuclear power. http://www.ibtimes.com/articles/127243/20110327/japan-tsunami-earthquake-fukushima-tepco-daiichi-daini-nuclear-power-plant-nuclear-reactor-nuclear-c.htm Most people are woefully bad at accurately judging risk.  This link has a nice graph showing deaths per watt.   See for … Continue reading →

I have been trying for over a decade to get broadband Internet for my parents, who live a mile off Bearwallow Rd. in a deep valley (the picture at the top is their driveway right before you go off the … Continue reading →

It takes two types of people working together to cause a depression:  a poor dumb person who borrows more than he can pay, and a rich dumb person who loans him money without checking that it can actually be repaid.   … Continue reading →

Imagine  you own a business and are depending on it for your retirement.   You are faced with two possible investments:   One that returns a dull, boring 6% return year after year, or one that 90% of the time makes 12%, … Continue reading →