How much is an hour of your time worth? It's worth whatever wage you would get if you spent that hour working. If you work for an hourly rate, this is an easy calculation. Even if you work for a salary and a fixed number of hours, the principle is th...
I live a half mile from the San Andreas fault - a fact that bubbles up into my consciousness every time some other part of the world experiences an earthquake. I sometimes wonder whether this subterranean sense of impending disaster is at least partl...
I work via the high-tension-wire method, which is maybe going for long periods without writing while the tension builds up - when am I going to write this, am I going to be able to write this, what is this image about - and I'm thinking about it all ...
My mother was really involved with the Refusenik campaign with Soviet Union Jews. They would come and stay at our house, some of them, after they managed to get out of the Soviet Union at the time. There were things that were Jewish-related happening...
Time can be dissected easily: an hour can be cut up in many ways. Fifteen minutes on this memo, a five-minute walk to another meeting, 30 minutes at that meeting and then 10 minutes debriefing. Oh, and maybe a quick phone call on the walk to that mee...
I have argued again and again that investors should hold some assets in precious metals as an alternative to cash. One of the functions of paper money is to be a store of value. But... with practically zero interest rates and cost of living increases...
What about the rat race in the first place? Is it worthwhile? Or are you just buying into someone else's definition of success? Only you can decide that, and you'll have to decide it over and over and over. But if you think it's a rat race, before yo...
I push every day against forces that say you have to go faster, be more effective, be more productive, you have to constantly outdo yourself, you have to constantly outdo your neighbor - all of the stuff that creates an incredibly productive society,...
Among our many crimes as an imperialistic exploiter of other nations' cultures, stealing their movies ranks lower than selling them cigarettes but higher than killing their game. If you've seen big stupid American versions of France's 'Three Men and ...
College has been oversold. It has been oversold to students who end up dropping out or graduating with degrees that don't help them very much in the job market. It also has been oversold to the taxpayers, who foot the bill for subsidies that do nothi...
I've never really found inspiration for story ideas in the news, but I'd say it certainly affects our lives in so many ways. I would say that certainly the stories of the day appear in the work - I just have never gone so far as to say, well, this pa...
Neil Gaiman has reached a masterful stage in his writing where he deserves his own adjective, which could be extended to younger writers following in his wake: Gaimanesque. His work, while variegated, exhibits a unity of vision, voice, and tone that ...
Well, I don’t. Not absolutely. But adopting "making money’’ as the goal of a manufacturing organization looks like a pretty good assumption. Because, for one thing, there isn’t one item on that list that’s worth a damn if the company isn’...
Many have blamed the gasoline shortages and long lines at filling stations in 1973 on the Arab Oil embargo of that year. However, the shortages and long lines began months before the Arab oil embargo, right after price controls were imposed.
Economics is a study of cause-and-effect relationships in an economy. It's purpose is to discern the consequences of various ways of allocating resources which have alternative uses. It has nothing to say about philosophy or values, anymore than it h...
Rebels usually have something to complain about, and if they don't they make it up. All too often the really disadvantaged are in no position to rebel; they just suffer quietly.
People.. were poor not because they were stupid or lazy. They worked all day long, doing complex physical tasks. They were poor because the financial institution in the country did not help them widen their economic base.
Even today we don't pay serious attention to the issue of poverty, because the powerful remain relatively untouched by it. Most people distance themselves from the issue by saying that if the poor worked harder, they wouldn't be poor.
'Envy the Night' was my first stand alone, the first book I'd written in the third person and I loved the feel of that, and it was different but it was also the same. 'So Cold the River,' I knew, was going to be really different, and that's why I tho...
If you send out one coupon with a deadline of a week and another that must be used within the next month, you end up having more redemptions with the one week deadline. It's really amazing. With the month deadline you have four times as much time, bu...
Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rich as what they are -- a simple upward redistribution of income, rather than a way to make all of us richer, as we were told.
