Category Archives: Economics
Forty Useful Concepts For Life
First Light
I’m glad that Webb is working, but I continue to believe it was a mistake.
[Update a while later]
To clarify, I think it was a mistake to do it in the way it was done, but now that it’s operational, obviously it would be a mistake to abandon it now.
What The Truckers Want
It’s not just about the vaccine mandates. They’re the new “deplorables,” and they don’t like it.
The Revolution Isn’t Over
A long and depressing compendium of the forces that continue to be arrayed against liberty.
The Trucker Rebellion
Ezra Levant thinks he knows how it’s going to end.
Spoiler alert: It will end well.
Elon
…seems to be taking the loss well.
The High Costs
Being Dragged Into The 21st Century
The Pentagon is still too reluctant to rely on commercial space services.
Aerojet
An interesting report on the internecine battle within the company in the wake of the FTC disallowing the acquisition by Lockmart. I found this amusing:
Aerojet has traditionally structured itself as an engineering company with high fixed costs and low margins, Thompson said. But if private equity buys the company, it will want to see more robust financial returns, which could come at the cost of innovation.
“This really comes down to whether the financial interests or the engineering interests within Aerojet prevail in the struggle,” he said. “My heart is with the engineering interests. My brain, which knows the history of these types of struggles, assumes the financial interests will ultimately prevail.”
Yes, for me, the first word that comes to mind when I hear the word “Aerojet” is “innovation.” Not.