Defending inflation
Excellent, clear explanation. I rather liked this bit:
One strange feature of American ~popular economic discourse~ is that the rarified troubles of the very rich often get discussed as if they were “normal”, but: they are extremely not normal.
The million-dollars-in-cash-havers can fend for themselves.
Because it is so true.
Commonplace – Lucy Bellwood
Fascinating.
TIL Zibaldone, which I might just have to make my own.
Whitewood under Siege
Can't enough of this kind of thing.
[M]any experts consider the pallet to be the most important materials-handling innovation of the twentieth century. Studies have estimated that pallets consume 12 to 15 percent of all lumber produced in the US, more than any other industry except home construction.
Some further thoughts on organic fertility | Small Farm Future
Ultimately, the long-term necessity to cycle rather than mine P could be a key factor propelling humanity back to a predominantly rural, distributed and agrarian human geography.
Is anybody listening?
Teresa Cherfas reviews 'The Return of the Russian Leviathan' by Sergei Medvedev: "For anyone interested in contemporary Russia, this book is an invaluable guide and will leave you smiling through tears." - Rights in Russia
Teresa Cherfas reviews ‘The Return of the Russian Leviathan’ by Sergei Medvedev:
“For anyone interested in contemporary Russia, this book is an invaluable guide and will leave you smiling through tears.”