Berry Daze

The Fourth of July weekend brought beautiful weather for camping up the McKenzie River.  Everything is late this year, including the mountain wildflowers.  The meadows were carpeted with little pale blue flowers and deep blue larkspur, with paintbrush adding accent. Arriving home, the berries and peas needed picking.  The strawberries are just about done, but there are [...]

Inflation and the “Risk Free” Interest Rate

Two years ago, with the price of oil at all time highs, there was concern that we could start seeing run-away inflation again.  A few months later, the financial system was on the verge of a total meltdown, credit dried up, and the specter of  a deflationary spiral appeared on the scene as oil fell [...]

Tomato Futures

I invested in tomato futures this week end.  Ellen and I rode our bikes to Saturday Market and I returned with the panniers filled with a dozen tomato plants.  There are so many varieties of tomatoes that I'm always sure to find something new and different.  This year I returned with Pineapple, Brandywine, Isis Candy, Black Plum, and Tula, [...]

The Growth Conundrum

The comparative luxury in which we live is the direct result of centuries of steady economic growth. But we live on a finite planet, so never-ending population and economic growth must eventually stop. We find that societies that have high standards of living have lower fertility rates, yet much of the world's population lives in [...]