The black elephant in the room
The Black Elephant In The Room, in this case, is that nothing grows forever. Unlike what our system – the Elephant in The Room – pretends to do, which is designed to do so and doesn’t know how to slow down.
black swans
Land as Insurance, Part 3: The Role of Farms
Imagine if there was a corporation or co-operative that you could own shares in. The purpose of this corporation would be to hedge against certain classes of black swans.
Land as Insurance Part 2: The Black Swan Theory
When a system contains extreme outliers that are hundreds, thousands, or millions of times further from the mean than expected, they can cause massive amounts of destruction and change the course of history.
Living in Unpredictable Times
Economists make forecasts about what is going to happen in the world of that great God – money.