Creative Capital

Democracy, Populism, and the Tyranny of the Experts, Part IX

“The complexity of modern life has steadily whittled away the functions the ordinary citizen can intelligently and comprehendingly perform for himself…When he sits down to breakfast and looks at his morning paper, he reads about a whole range of vital and intricate issues and acknowledges…that he has not acquired the…

Democracy, Populism, and the Tyranny of the Experts, Part VIII

Freedom is better, even when it’s worse. We might think about experts the way we think about stop signs (bear with me on this…)

Democracy, Populism, and the Tyranny of the Experts, Part VII

Viewed through the lens of “the tyranny of the experts,” it’s easy to see that in the last election Hillary Clinton was the candidate of the experts, while Donald Trump was the candidate of people who were tired of being tyrannized by them.

Democracy, Populism, and the Tyranny of the Experts, Part VI

Populism is an unsettling phenomenon in part because we don’t know where it will end. And we don’t know where it will end because populism isn’t itself a governing idea — it’s a response to the perceived failure of other governing ideas.

Democracy, Populism, and the Tyranny of the Experts, Part V

If we wanted to — well, we do want to — we could go back 2,500 years and identify the exact point when human civilization went off the rails on the subject of experts.

Democracy, Populism, and the Tyranny of the Experts, Part IV

Not that long ago — say, when my parents were starting out in married life — building a sound investment portfolio was a piece of cake. You bought some Blue Chip stocks and some Triple A bonds and you were done.

Democracy, Populism, and the Tyranny of the Experts, Part III

by Greg Curtis
The first thing we do, let’s kill all the lawyers. (Shakespeare, Henry VI, Part II, identifying the first step in building a better society)

Democracy, Populism, and the Tyranny of the Experts, Part II

by Greg Curtis
I launched this series of posts by taking a brief tour of a regrettable society called Acirema, in which a race of experts called Masters, though a tiny minority, lorded it over a sub-​race of non-​experts called Slaves. We’re back, now, in America and wondering if Acerima society might offer…

Democracy, Populism, and the Tyranny of the Experts

Is it better never to put your ideas in writing and thus be thought a vacuous fool, or is it better to launch your own blog and remove all doubt?

Cash is King

Since the end of the Financial Crisis eight long years ago, a notion has settled across the land that “cash is trash.” This is the bunkmate of the “TINA” principle: There Is No Alternative to owning equities.

Explaining Donald Trump, the Conclusion

by Greg Curtis
I have met the enemy, and he is me. (What Trump, channeling Pogo, should be saying to himself every morning.)

Explaining Donald Trump, Part V

by Greg Curtis
Donald Trump has been such a disruptive agent during his first few months as President that it’s easy to dismiss him as hopelessly incompetent. That would be a mistake: one common way MEPs (mega-​entrepreneurial personalities) prevail is because other people write them off as unhinged lunatics. I’ll get to the…

Explaining Donald Trump, Part IV

by Greg Curtis
There is so much emotionalism about Donald Trump — both pro and con — that I’m trying to explain his behavior by looking at issues outside the man himself. I’m looking at how people behave who have very similar personality types (i. e., mega entrepreneurial personalities, or MEPs) and at how people are likely…

Explaining Donald Trump, Part III

by Greg Curtis
I’m claiming to be able to explain Donald Trump — and predict his actions as President — by reference to only two of his characteristics. The first is that he’s what I’ve called a Mega Entrepreneurial Personality, a trait he shares with an infinitesimally small group of Americans.

Explaining Donald Trump, Part II

by Greg Curtis
I’m determined to explain Donald Trump by referring to merely two of his traits, the first of which I’ve dubbed the Mega Entrepreneurial Personality, or MEP. Here are a few more examples of MEP characteristics we’ll need to consider as we try to understand the 45th President of the United…
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