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Reliable Unpredictability and Monetary Policy
This week, the Fed faced a delicate balancing act, complicated by the reliably unpredictable nature of the economy right now and continuing political…
Sep 20
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Apparatus of the Mind
5
The Discomfort of Thought
We should all fear an economy in which key policy makers reject data just because it doesn’t conform to some pre-determined narrative, and who are never…
Sep 12
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Apparatus of the Mind
6
Simple Facts and Complicated Reality
As the world grapples with a changing global order, it is important for Americans to understand how the rest of the world now views the United States.
Sep 6
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Apparatus of the Mind
5
August 2025
Well, How Did We Get Here?
It’s beginning to look like we’re on a path to state capitalism – a way of organizing an economy that we have so often criticized when we’ve seen it in…
Aug 29
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Apparatus of the Mind
5
Promises, Performances, and Payments
One aspect of recent trade deals with Japan and the EU – increasing foreign direct investment to the U.S. – is incompatible with the objective of…
Aug 22
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Apparatus of the Mind
2
To Live Wisely and Agreeably and Well
How do we ensure that the benefits of amazing new technologies accrue to our entire population and not just a chosen few or a small slice of society?
Aug 15
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Apparatus of the Mind
4
3
The Turnberry System
Transitions from one global trading system to another do not seem to be quick, smooth, or without risk.
Aug 9
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Apparatus of the Mind
5
Home Production
Tending my garden ...
Aug 3
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Apparatus of the Mind
3
1
July 2025
It just doesn't add up
It would be helpful if Americans understood how unrealistic the claims being made about tariffs really are.
Jul 30
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Apparatus of the Mind
3
Power and the Teeter Totter Effect
Is it really possible that one person knows more about everything than everyone else?
Jul 26
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Apparatus of the Mind
2
1
Introducing "Apparatus of the Mind"
Welcome to my Substack.
Jul 18
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Apparatus of the Mind
5
Reasons to have friends
A president who applies a “my way or the highway” approach to geopolitical affairs is bound to find himself traveling alone.
Jul 18
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Apparatus of the Mind
2
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