davcnslt

Where We Should Be Investing: The Paradox of Thrift

Thank you for a particularly eloquent springboard piece from McCulley's essay. I had already read his article when I stumbled onto your post. It is spartanly simple and elegant, particularly so in that we have all around an increasing "tragedy of the commons" in almost all things vital to us. I could not agree with you more. The siren songs of the goldbugs and their opposite, the entitlement & consumption dupes, have all along made little sense to me. I enjoyed your post as much as any I have seen here.