Back in Cat City

Kuching, again. Of course. Monday is Visa Endorsement day - when the rubber stamp meets the paper. Hopefully with enough ink on it. And, now having looked, I know that today is Thursday the 3rd. Not that such things really matter, to me. All of you (ain't nobody reading me without knowing me - I know that!) should recall that I am an economist. That was my job title for all of 3 months at Illinois Bell in 1991 ("Regulatory Economist"). It is also how I have described myself since 1986. BA ('86), MA ('89), MS ('91) all in Econ. Why? Because Econ is the best 'paradaigm' and framework to label how I understand the world. No, not Finance, Economics. Econ is the study of how scarce resources are allocated and why. It is not how money gets made. It is understanding how value is created. How utility is maximized under constraints. It can be math. It can be words. It is always thoughts. It is a...