The world of Round Hill consists of two distinct countries with two distinct economies separated by one gigantic ocean. The sun rises on the Independent Republic of Hamlin in the east and sets on the Democratic Nation of Stuart in the west…
We have set ourselves a mighty task in today’s Daily Reckoning, dear reader. We aim to prove to you how short-sighted, smug, and shallow the mainstream press is. This may not be as big a task as it first sounds, given the quality of a lot of journalism. But we take on one of the central myths of the modern economy today: that consumption leads to prosperity.
The latest news coming from local electricity companies is a lot like a kick in the teeth for most people… after they’ve been knocked to the ground.