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My Latest Posts

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  • PERVERSE INCENTIVES AND PERMIT LOTTERIES
    Milton Friedman once said – and I’m paraphrasing – that the purpose of a business was to maximize shareholder value.  When it comes to shared national resources, with a variety… Read more: PERVERSE INCENTIVES AND PERMIT LOTTERIES
  • THE STORIES ARE WHAT MATTER
    I was in a neighboring community a few days ago, in the garage/shop of a guy who I learned had a boat he wanted to sell. It was a ways away from home, already dark. I was planning on this being a quick transition and then head home to Portland in time for dinner. But then we started talking. He has a passion for overnight raft trips and a knack for getting himself invited on Grand Canyon trips. And he had some stories. Stories about the people he has met, the friends he has made, the boats he’s taken, the gear he has used, and the lessons he has learned… Read More at the link in bio

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