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Natural Economic Law Can’t Be Repealed

If the government restricts supply and subsidizes demand, out-of-control prices, resource shortages, and unpleasant ad hoc coping restrictions will follow. That is the natural (economic) law. The government cannot repeal it. But it can stop its attempt to plan.

Dumpsters Afloat: The Zumwalt Chronicles Continues

The weapons system removed from the Zumwalt They were going to build 30 and ended up building three of these dysfunctional monstrosities. Commissioned in 2016, it has only taken them eight years to retrofit the weapons system. The Navy's priorities have changed since...

Lawrence Premieres in London

On this day, 62 years ago, David Lean's "Lawrence of Arabia" (1962) premiered in London, UK. My favorite movie of all time. https://www.youtube.com/watch?v=ULsFcSpaVO0  

The Health-Care Nirvana Fallacy

Someone explain how coercive centralized bureaucratic control of medical decision-making and the purse can beat the decentralized free market with its undistorted price system. The government has many things besides medical care it wants to spend tax money on, and...

DEI Kills: Boeing Bumbling on Parade Part CXXVII

Editor's Note: Just returned from business travel so my blogging frequency should bump up again. Boeing continues o provide legions of future business historians the fodder for hundreds of books and cautionary tales on how engineering can fall of a cliff once...

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