No Skin In The Game XI

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Years ago I bought a John Denver live concert download. Some place, towards the end of the concert, as he was introducing one of the songs, you could sense the audience tension about something he was about to do; to which he responded, “This is my show!”

I had planned to wrap up this no skin series in the next couple of weeks, this week dealing with the specifics of how a new entrepreneur culture might be established in America, followed up with a final week of putting that culture into a new economic worldview, using both natural law and more traditional economic reporting. But some things happened last week, out there in the decline of the American dream; that really hacked me off; so this week we will deal with that situation, after all this is my show. That also means that the American economic problem is probably much more serious than I previously contemplated; hence we will shoot for winding this up in fourteen episodes.

First however, after my visit last week from a little purple dinosaur named Barney, I received an email from him later in the week that included the Barney Law of Economic Consequences:

The Barney Law: The positive aggregate cultural result of all economic dinosaur and related troglodyte dinking and dithering is always less than the square root of the sum of the unintended consequences of the best economic models.

When you stop to think about it seriously, the happenings that so upset me, do follow The Barney Law perfectly, and in proper contemporary context, the dinosaurs and their troglodyte politician flunkies seriously think they are doing the right thing.

Tags: The Barney Law, ethanol, Brazil, energetics, House Republican Plan