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You have come to the right place if you are seeking an independent, informed, plain-spoken source of information, analysis, and timely opinion on economics, finance, and geopolitics from a writer seasoned by 15 years in the trenches in the financial arena and a quarter-century publishing newsletters on these topics. Born and raised in Argentina, trained in economics and finance at Dartmouth and Stanford, and matured by four years of active duty as a Naval officer at sea during the Cuban Missile Crisis and on land with the U.S. Marine Corps in Vietnam, I strive to offer the most valuable information you can use and the most expensive advice to ignore, by fulfilling John Maynard Keynes dictum: “Study the present in view of the past for purposes of the future.”
You may wonder what my guiding political principles are. That’s a fair question. Throughout my 40-year career as a newsletter writer, public speaker, author, and blogger, some people perceive me as a liberal, others believe I am a conservative, and still others see me as a moderate. To some extent, they are all correct. I consider myself an independent “fair witness,” borrowing a term from Robert Heinlein. Essentially, I don’t believe that any political philosophy or economic theory holds a permanent claim to the truth, nor is any political or economic approach optimal for all situations. I firmly believe in John Maynard Keynes’s reply when accused of being inconsistent: “When the facts change, I change my mind. What do you do, sir?” Consequently, in a changing world, I tend to objectively support whatever works at the moment to advance universal aspirations for peace, shared prosperity, order, human rights, government for and by consent of the governed, liberty, justice, and the survival of the human species. I am also inclined to expose and condemn hypocrisy, deceit, abuse of power, cruelty, and injustice, regardless of their political origins. I strive to play “straight up the middle," a centrist in the long run, if you will, pulling away from the unyielding extremes of the political spectrum toward the white light, taking from each side whatever means support the mentioned universal aspirations. In short, I believe in the practical relativism of means in the service of absolutism of ends. Given the prevalence of ruthless, destructive, and divisive right-wing extremism these days, I actively support the opposition to Republican aims presently embodied in the Democratic party, which, to succeed, badly needs reorganization of process and policy.
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