Open Thread


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  1. Meh, they can buy a lot of useless luxury goods with half the money they make now. Let’s try taking their money and see what happens.

    And, btw, I don’t think anyone understands how economics works.

  2. “If we raise taxes on the rich, they will cut their spending”

    Perhaps on another Van Gogh for the South-Southwest-Parlor-by-Sitting Room, but doubtfully on their couture and the other daily accoutrements which they consider necessities.

  3. Seriously speaking: I really lament the disappearance of the old-time Italians about which Ken speaks – my father’s generation, basically. My father has hands of gold, and more common sense than 80% of today’s college graduates.

  4. I am a commodity person, so I went to tons of specialty conferences and shows. I loved the “softs” the most — coffee, sugar cocoa. It is the interaction of the colonial world (not so colonial anymore) and the colonizers (still give the best parties).

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