Thoughts From the Frontline, July 2016

The Trouble with Trade

July 31, 2016

“When goods don’t cross borders, armies will.”
– Frequently attributed to Frédéric Bastiat

“Free trade agreements are trade agreements that don’t stick to trade.”
– Ralph Nader

“The future has arrived. It’s just not evenly distributed yet.”
– William Gibson, circa 1993 in an interview (original version of the quote)

Promises, Promises, Pension Promises

July 24, 2016

You made me promises, promises
You knew you’d never keep
Promises, promises
Why do I believe?

Naked Eyes (1983)

The Age of No Returns

July 16, 2016

“A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain.”

– Robert Frost

“Money won’t create success. The freedom to make it will.”

– Nelson Mandela

When the Future Becomes Today

July 10, 2016

“There are decades where nothing happens, and there are weeks where decades happen.”

– Vladimir Lenin

“However beautiful the strategy, you should occasionally look at the results.”

– Winston Churchill

Europe Is a Minefield

July 2, 2016

“Reports that say that something hasn't happened are always interesting to me, because as we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns – the ones we don't know we don't know. And if one looks throughout the history of our country and other free countries, it is the latter category that tend to be the difficult ones.”

– Donald Rumsfeld,...