The Gamma Phenomenon

submitted by jwithrow.
Click here to get the Journal of a Wayward Philosopher by Email

Journal of a Wayward Philosopher
The Gamma Phenomenon

September 5, 2016
Hot Springs, VA

Humanity in our time remains in infancy. We are essentially unlimited creatures, yet we have been wallowing in abject poverty – physically, mentally, and spiritually. We have natures that are suited to high adventure, yet we remain stagnant. Why? Because we’ve been conditioned only to exist, not to live.” – Prester John, A Lodging of Wayfaring Men

The S&P closed out Friday at $2,180. Gold closed at $1,329 per ounce. Crude Oil closed at $44.25 per barrel, and the 10-year Treasury rate closed at 1.60%. Bitcoin is trading around $605 per BTC today.

Dear Journal,

Little Madison is approaching her second birthday, and somehow she has already picked out her own birthday gift. “I want to ride Leo the horse…”, she says with a hopeful sparkle in her inquisitive blue eyes.

Naturally, her father considers all of the things that could possibly go wrong in such a scenario. Do you want to mommy or daddy to ride with you?

No! I want to ride all by myself.

As best I can tell, to observe a toddler is to observe human nature in its purest form… before all of the social conditioning, group-think, and peer pressure begin to alter behavior.

Assuming this is correct, the need for high adventure, exploration, and excitement seems to be embedded into the core of human nature. Madison possesses a zeal for life, and she does not tolerate any restrictions on her freedom to play and explore. Any curtailment, indeed even the threat of curtailment, is met with fierce resistance and extreme displeasure. Continue reading “The Gamma Phenomenon”

The Future of Commerce

submitted by jwithrow.
Click here to get the Journal of a Wayward Philosopher by Email

Journal of a Wayward Philosopher
The Future of Commerce

April 20, 2016
Hot Springs, VA

Commerce, by its very nature, is born free. And more than this, it forever fights to remain free. At almost every time and place, commerce evades regulations and controls; it serves its own will, not the wills of rulers. Markets spontaneously emerge at every opportunity, even when they are outlawed and punished. Commerce seems to have an existence of its own, like an independent organism.” – Paul Rosenberg

The S&P closed out Tuesday at $2,100. Gold closed at $1,252 per ounce. Crude Oil closed at $42.46 per barrel, and the 10-year Treasury rate closed at 1.78%. Bitcoin is trading around $437 per BTC today.

Dear Journal,

The institutional foundation of the Industrial world is crumbling all around us. Governments are broke. Social welfare programs are severely underfunded. Unions are broke. Pension plans are underfunded. National currencies have been trashed. Blue-collar jobs in the developed world have been lost to low-wage countries. Low-wage jobs have been lost to robotics and automation. Many of the jobs just disappeared entirely. Everyone’s retirement account is propped up by the constant creation of money out of thin air required to keep the financial markets afloat.

Welcome to the Information Age! Continue reading “The Future of Commerce”

Of Life and Entropy

submitted by jwithrow.
Click here to get the Journal of a Wayward Philosopher by Email

Journal of a Wayward Philosopher
Of Life and Entropy

March 23, 2016
Hot Springs, VA

“Everything that is really great and inspiring is created by the individual who can labor in freedom.”
Albert Einstein

The S&P closed out Tuesday at $2,049. Gold closed at $1,248 per ounce. Crude Oil closed at $41.22 per barrel, and the 10-year Treasury rate closed at 1.94%. Bitcoin is trading around $415 per BTC today.

Dear Journal,

For all of recorded history man has pondered the meaning of life.

I remember grappling with the question myself as a youngster a few short decades ago. Back then I was fully immersed in institutionalized society. That is to say, the majority of my time and energy was spent satisfying the demands and requirements of institutions – a public school in my case. Continue reading “Of Life and Entropy”