“The Iran War is igniting an inflationary bonfire.” – The Lonely Realist TLR yesterday had the opportunity to discuss economics with Cassandra, the mythical Trojan priestess gifted by the Greek God Apollo with the ability to make accurate prophesies but burdened with the curse that her prophesies...
“Is a gerrymandered democracy good for America?” – The Lonely Realist TLR first discussed gerrymandering 7 years ago. That commentary, “Elbridge Gerry’s Salamander,” is being republished today in light of last week’s ruling by a Virginia county judge declaring a redistricting vote, passed by state-wide referendum a...
“Highs and lows of April 2026...
“There is and will be further collateral damage from the Iran War.” – The Lonely Realist We are 7 weeks into the Iran War and markets have been soaring. even more so following comments made by President Trump forecasting an imminent end. Although the Strait of...
“Three quarters of the factors on which action in war is based are wrapped in a fog of greater or lesser uncertainty.” – Carl von Clausewitz “Beware the ‘fog of war.’” – The Lonely Realist When asked in 1972 about the impact of the French Revolution, Chinese...
“Hope for the best, but plan for the worst.” – The Lonely Realist Today's TLR continues to analyze the potential economic fallout from the Iran War by assessing the consequences of two “what if” possibilities: What if (1) there will not be a negotiated settlement; and...