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Archive for January, 2013

Why are cows fed corn?

Or for that matter, why are cows fed anything but grass? Recently, livestock was actually being fed candy! You can’t make this stuff up. At least, I can’t make this stuff up. I suppose it makes a bit of sense, considering there was a drought and corn was too expensive. There has been an interesting […]

Greenspan and understanding rationality

Alan Greenspan was the chairman of the Federal Reserve, one of the most powerful monetary institutions of the world, for 18 years. He was heralded for an era so prosperous, that the US actually turned off their debt clock in 2000. Unfortunately, post-facto, he was also perhaps guilty of setting the policies that created the […]