August 2022. Thank you for coming, everybody. Don’t forget to tip your waitstaff. Oh, you came for more than just the punchline? Well, pull up a chair and listen to me weave an oxymoronic tale of educated speculation. (“Educated speculation” — patent pending on that phrase.) I went to college in the early-to-mid 1990s. Back then, the study of economics was based on Adam Smith’s “invisible hand,” the unseen force that guided our short- and long-run decisions to maximize our financial outcomes. In the 1990s, I was told that I could eat all the candy and bread I wanted and…
Insights & Advice
Tag: supply chain
I love the nightlife
“Please don’t talk about … all the trouble we’ve been through. Ah, please don’t talk about all of the plans we had for fixin’ this broken romance.” —Alicia Bridges Once upon a time, we enjoyed the conversation and company of others. Sometimes it feels as if we’ve gotten used to avoiding the public. For some, it now seems as if that’s their preference. After what feels like a lifetime of sheltering in place, perhaps we’re ready to mend that broken romance and find love again. Pole dancing classes are up 56 percent year-over-year, according to the Yelp Economic Average report for the third…
Weather worsens global trade
Changes in climate are impacting a global economy that is fighting to recover from a pandemic. Supply chain bottlenecks continue to worsen as continuous weather-related catastrophes close ports and snarl land, sea, and air transportation routes. Can it get any worse? Yes, and it probably will, according to climate experts. Nearly all actively publishing climate scientists agree that humans are causing global warming and climate change. The less than 2% of experts that disagree have published contrarian studies that either cannot be replicated or contain errors. I’ll go with the consensus on this issue. Here in the U.S., we receive…