Small silhouette of Doug Wolkon WELCOME TO PLURANOMICS, THE ECONOMICS OF MANY.

Middle East

Solar War

I had a dream… Obama decided to engage in a Solar War. He could see into the future, and in our future it was obvious that oil was no longer going to be the most precious commodity in the world, it was to be silicon, the second most abundant element on earth after oxygen.

Obama knew he needed a simple solution for our worsening economy and the failing war efforts in the Middle East. He also knew if he could link the solution resourcefully, his presidency would be infamous. Boldly and strategically he decided to hedge his losing bet of continuing war efforts in the Middle East by re-allocating 50% of the monetary resources currently utilized by the wars in Iraq and Afghanistan to ignite a Solar War.

In the dream, this was no ordinary War, for a Solar War was a war on war itself – otherwise known as peace. Solution driven for the hobbling world economy as well as world peace, the dream of a Solar War took on multiple dimensions.

Continued »

Economic Detox

So what is an Economic Detox? Raw green vegetables consumed through a straw is the food equivalent. Think diarrhea. I know what you are thinking, “yuk”. But as Wall Street has learned the hard way, we have no choice in the matter. Our economy is detoxing whether we like it or not; dropping our excess weight in order to regain our balance; flushing our obese corporate and government costs down the toilet in support of the long-term prosperity of the quicker, lighter, faster and more profitable Mom and Pop entrepreneurs. Continued »

Yoga & Off-Balance Sheet Financing

The word “balance” has significant meaning here. When you take something “off-balance,” you are doing just that. In other words, balance is good (think yoga or buddhism), off-balance (think checkbook) is not good. On that note, what do you call Fannie Mae, Freddie Mac and Sallie Mae. Do they qualify as “off-balance sheet financing?” How about the Bear Stearns portfolio. The U.S. government did about 36 hours of due diligence on that one, is that one off-balance sheet too? Continued »

Recession Smession

Dramatic unemployment increases in financial services, construction and autos will be the real shoe to drop. Who will pay for all these billions of dollars of writedowns? Oh, I forgot, the Fed has the ability to actually print more food and oil – yeah right, was Bernanke ever taught the first rule of Economics: Land is Scarce.

So how much of our newly printed paper is currently being bought by our social security system – talk about drinking your own blood. The welfare state will inevitably be forced to solve their huge inefficient costs of entitlements and armed forces. Continued »

A Penny to Measure Time

Any derivatives of $1 as currency increases our financial service costs (i.e. in the form of complicated accounting and just plain time to figure out the math at time of purchase). Economically speaking and unfortunately to all you labor, it allows labor time to be denominated down as math, not value. Continued »