Tag Archives: Facts of Life

Do you believe in our Political System? If not, why not?

Lee Hamilton, who is a senior adviser for Indiana University Center on Representative Government had an article on the Op Ed page of our local paper last week.  In the beginning paragraph of the article he said that he believes … Continue reading

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In the Age of Speed, Good Judgement and Accountability Count

A few years ago (in the late 1980’s) I was in charge of what was then called MIS (Management Information Systems).  In the transition period between the “glass house” or large main frame data centers to where we are today … Continue reading

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Who, What, When, Where, and Why?

Several years ago a Kennedy descendant flew his private airplane from New Jersey (I think ) to an island in the Atlantic offshore New England.  It crashed and he was killed.  I probably heard it first on the TV news … Continue reading

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Public Knowledge, Projections, and Memory

In 1978, the U. S. Congress enacted energy legislation that outlawed the use of Natural Gas to generate electricity.  “knowledgeable Experts” were projecting that we would be out of natural gas by 1985.  Thus the popular opinion was we were facing a … Continue reading

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Why Are not-for-profit College Costs increasing faster than inflation?

My paper carried an article a few months ago that the highest paid state employee in all bur one or two states is that states major college football coach, with the college basketball coaches not far behind.  From the numbers … Continue reading

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A Federal Reserve Report says Economists Fail at Forecasting – Really?

Robert J Samuelson had a syndicated column recently reporting on a U.S. Federal Reserve study of the accuracy of Macro-economic forecasting.  The study looked at forecasts of “important economic” indicators such as unemployment, interest rates, gross domestic product and compared … Continue reading

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It’s a Wonderful Life, the Rationing of Capital, and Economic Recovery

The movie “It’s a Wonderful Life” is shown every year at Christmas and we usually watch it.  This year was no different.  Mr. Bailey of Bailey Savings and loan is shown what life would be like if he hadn’t been … Continue reading

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