“Entropy is the second law of thermodynamics … and of geopolitics, religion, race, economics, climatology, children, etc.” – The Lonely Realist Entropy is a cornerstone concept of physical science … with broad societal applications. Entropy is “a lack of order or predictability” or “a gradual decline into...
“Defining Zionism.” – The Lonely Realist As Joe Biden told Prime Minister Benjamin Netanyahu last year and reiterated on Late Night with Seth Meyers in February: “I don’t believe you have to be a Jew to be a Zionist, and I am a Zionist.” He became...
“There’s something happening here, what it is ain’t exactly clear.” – Buffalo Springfield Both gold and Bitcoin are at dizzying highs. Why? It’s easy to be seduced by the almost-universal levitation of everything – the Magnificent Seven, global stock indices, residential real estate, corporate bonds, etc. –,...
“I am your warrior. I am your justice, and for those who have been wronged and betrayed, I am your retribution.” – Donald Trump, February 5, 2024 Retribution: deserved and severe punishment. Is Donald Trump’s February 5, 2024 rhetoric election year bombast? Or has the former President...
A TLR reader forwarded the following March 7 news item from Seeking Alpha: "The proposal had been pitched for years, but the SEC has finally adopted new rules that will require many public companies to disclose climate-related risks in their financial statements and annual reports. Lively...
“If you want less efficient markets, over-regulate them.” – The Lonely Realist Good regulations benefit the public. They maximize safety and clarify ambiguities. Excessive regulation does the opposite. It undercuts competition, destroys businesses, pours sand into market machinery, and creates societal friction. The fact is that...