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Wednesday, November 13, 2013

Can China learn from Britain? Probably not. They are looking forward to a de-Americanized world.

It seems to me as I think of it briefly that China is in the middle of the classic Austrian over-investment cycle with all the nastiness still to come that Hayek and Ludwig von
Mises talked about. I have under-appreciated this school of thought in my career and it seems to me China is teeing it up.

Tuesday, November 12, 2013

Sophie's Debut

My new dog Sophie had her first hunt last Saturday. It was a great success. I am looking forward to many years of hunting with her. When she is finished hunting...I'll be on Medicare if the age stays at 65 which it should not.