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http://www.well.com/user/mp/host.html
Expert witness in nearly all areas of business: finance, marketing, management, compensation, ethics...Author of 11 books on money and commerce
Interests: Licensed Pilot Single Engine Sailor Skier Welder Chinese Martial Arts student Motorcycles
Recent Activity
There are two main groups that aren't in either party. Those who register as not affiliated and those who don't register. I've done many studies on the unregistered. They have a very weak interest in politics and only register when their ox is being gored. Of the unaffiliated who are registered more than 2/3rds were formerly Republicans. They are the main cause of the current Republican realignment. The remaining 1/3rd of unaffiliated actually have very weak opinions on the parties. The reality of most politics is that many in both parties have mixed issues. But they have a few issues that matter much more than all the others. For one of my daughters it is abortion. For another it is environment. My gay friends are all single issue voters.
Toggle Commented yesterday on Lefty motives at Pro Commerce
1 reply
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I’m reading Deirdre McCloskey’s book on the origins of modern commerce. She makes it very clear that openness is a critical component of modern commerce. She talks about openness in its form as honesty and absence of corruption, the elements that keep banana republics and much of the tribal world poor and wretched. Openness and the absence of corruption are... Continue reading
Posted yesterday at Pro Commerce
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This image of the circulation of the oceans for the entire planet is fascinating and beautiful. Several things to note. The isthmus of Panama was open until 12-15 million years ago and the climate of the earth was consequently very different because the Atlantic and Pacific mixed together. The current shape of the oceans has created the Gulf Stream which... Continue reading
Posted 2 days ago at Pro Commerce
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Early this year I was contacted by several historians who work for a business that does historical work for corporations. Next year is the 50th anniversary of the founding of Mastercard. As the founder of Mastercard, I was contacted to get my memory of the founding events in 1967. In early Spring, I had misgivings about whether historians would be... Continue reading
Posted 3 days ago at Pro Commerce
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Many Lefties think that the Left is where goodness resides. They see the Left trying to improve people and shape society to improve humans. They are right in some ways about Lefty politics, but people don’t like to be shaped, ask any spouse or lover who is the victim of the idea that the partner will change them for the... Continue reading
Posted 4 days ago at Pro Commerce
As an expert witness on utilities I often testify before the California Utilities Commission that the Los Angeles Water and Power municipal operation is far better and cheaper than the regulated monopolies.
Toggle Commented 5 days ago on FERC at Pro Commerce
1 reply
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Many of my blogs treat Lefties as evil incarnate. Sometimes I am more subdued. This presents two problems. First it alienates my Lefty readers. I don’t do this intentionally, its more like throwing a strike in baseball; it is necessary but sometimes the strike ball is perfect for the batter to hit. Then I lose a reader who might be... Continue reading
Posted 5 days ago at Pro Commerce
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I can say negative things about most government regulatory bodies. This one has done some positive things. FERC is the Federal Energy Regulatory Commission. Among the good things that FERC has worked on, the ones I know are the corrupt trading in oil futures by Enron, the exposure of the bad pipes at the San Onofre nuclear power plant which... Continue reading
Posted 6 days ago at Pro Commerce
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So far the Wall Street Journal has had an article about Pokemon Go everyday since last Friday. The first reason is that by this time a week ago, the game had 21 million users only days after its release. The tech writer for the Wall Street Journal, Joanna Stern, promoted the game to readers. Forbes and the Financial Times also... Continue reading
Posted 7 days ago at Pro Commerce
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This is a continuation of yesterday’s blog. The question in my mind is whether modern commerce can survive more Lefty government and regulatory expansion in the U.S. before it is quashed. First, large corporations will survive the onslaught of government regulations, even being driven out of the U.S. by perverse tax policies. But large corporations are not the source of... Continue reading
Posted Jul 18, 2016 at Pro Commerce
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I’m struggling with the future of modern commerce. Please feel free to help out. Modern commerce has only arisen in a few places in its fully developed powerful form. In Holland in the 17th Century, Britain in the 18th and 19th Century and in the U.S. in the 19th and 20th Centuries. Modern commerce can be squashed by powerful government... Continue reading
Posted Jul 17, 2016 at Pro Commerce
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Many Jews living in Austria and Germany in 1936 said to each other ‘this can’t be happening in a country that is part of the Enlightenment’. From my perspective, they weren’t. I think all of Europe gets credit for the Enlightenment when it is not deserved. I consider the Enlightenment to have two components: scientific empiricism and individual empowerment. That... Continue reading
Posted Jul 16, 2016 at Pro Commerce
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I’m not going to get into the gun-no gun debate. No one changes their minds. Facts don’t matter, and we are in a Democrat induced national hysteria that guns are the main source of all violence in America. What seems strange to me is that a key element in the argument has not made it into public discussion. The whole... Continue reading
Posted Jul 15, 2016 at Pro Commerce
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I made this poster to go with today's blog. Feel free to use it. The hypocrisy of the Left leaves a foul taste in my mouth. This has little to do with commerce but much to do with the evil rampant in American Democrat Party politics. Continue reading
Posted Jul 15, 2016 at Pro Commerce
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Don’t be surprised by goody-goody Google if you google this topic. You are immediately told ‘you are not alone’ and are given an 800 suicide hotline. No comparable response to ‘murder’, kill’, ‘assassinate’ or ‘buy me a gun’. Suicide by cop is a real phenomenon. Trouble is nothing online or googleable gives you two important facts. First, suicide by cop,... Continue reading
Posted Jul 14, 2016 at Pro Commerce
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There are many news items that create a strong reaction for me. One, that almost drives me nuts, is the permanent and incessant claim by economists and government financial people that we need inflation. My name is Michael Phillips. I hope the irony of my name is recognizable by many of my readers. The reason for the incessant desire by... Continue reading
Posted Jul 13, 2016 at Pro Commerce
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One of my brothers made an astute observation after visiting the cemetery of his wife’s family. He asked me where our family graves and gravestones were. I knew where one aunt was buried but knew that no one had ever visited it. I knew of no others of the 20 relatives going back two generations. Put simply, in America graves... Continue reading
Posted Jul 12, 2016 at Pro Commerce
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Hillary is planning a fundraiser at a Broadway show of Hamilton tomorrow night. Tickets range from $2,700 to $100,000. The ridiculous part of this is that Alexander Hamilton would hate Hillary, the Clintons and the whole Democrat Party. Alexander Hamilton was the father of commerce in America. He demanded that the national government pay all the state debts from the... Continue reading
Posted Jul 11, 2016 at Pro Commerce
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For twenty years after WWII most American Jews would not buy a German made car. That disposition never quite left my brain. I was driving through the former East Europe, with friends, the year the Berlin Wall and the Soviet Empire fell. We went from Budapest to East Berlin. We stayed at an East Berlin modern hotel a few hundred... Continue reading
Posted Jul 10, 2016 at Pro Commerce
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I’ve had two parking ticket experiences that have struck me as violations of civil morality. Parking tickets are a serious annoyance but these two went beyond those bounds. The first occurred in Anchorage in early summer. I was driving a rental car and enjoying a late evening at a club with friends. I was also enjoying the daytime sun at... Continue reading
Posted Jul 9, 2016 at Pro Commerce
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You may not be aware that in parts of academia there is a movement called “Big History”. It looks at history over long time frames and examines many lines of development simultaneously like evolution, population, geology and technology. The big name in the field is Australian, David Christian. He gets big money from Bill Gates. I’ve followed this field for... Continue reading
Posted Jul 8, 2016 at Pro Commerce
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The governor of California just signed a batch of anti-gun laws. No need to comment. It is the Democrat hysteria that Obama has unleashed to avoid reality and knows no reason. First it will have to survive the batch of anti-gun laws on this year’s California ballot, which might lose; next the U.S. Supreme Court could never support any of... Continue reading
Posted Jul 7, 2016 at Pro Commerce
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I’ve heard Jew haters argue that the reason the EU and many of it’s citizens are anti-Israel is because the EU is a post nationalist organization and Israel is the epitome of nationalism. Post nationalism is Internationalism. The EU has proven what a bad idea that is after two decades of failure. I’m not talking about Brexit. I’m talking about... Continue reading
Posted Jul 6, 2016 at Pro Commerce
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We are hearing the concept of ‘appropriation’ these days from the snowflakes on college campuses. It refers to one culture using something from another culture. It implies that the culture doing the borrowing is taking advantage of the other culture. The press had a photo of black woman attacking a white male who had corn rows for hair calling it... Continue reading
Posted Jul 5, 2016 at Pro Commerce
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I recently saw an article about a middle aged man who kicked off his shoes and headed for the woods where he has been living with nothing but a knife ever since. Where he does this is relevant to his survival. It might work somewhere near Santa Barbara, CA. I don’t have a link to the article because the whole... Continue reading
Posted Jul 4, 2016 at Pro Commerce