Bankers Chasing Soap Bubbles

Some events are unique, and some recur. Events that originate in human behavior often recur, but not always. Bubble-chasing, however, will always be in vogue.

Here's some chocolate fudge from joyofbaking.com. Fudge recurs.

Here's a picture of the gearing on a Shay steam locomotive. Shay locomotives, often used in logging, where steep inclines and rickety track were the norm, no longer recur. Sadly, beautiful things are often unique, or limited to a comparatively short period in our history.

Here's a chap making steel. This used to occur frequently in Canada and the United States, but not so much anymore. Economists can explain such things; I cannot. That's because I'm not fluent in differential equations.

If you would like to learn how to speak in differential equations, here is the Wikipedia guide. According to Wikipedia, a differential equation "is a mathematical equation for an unknown function of one or several variables that relates the values of the function itself and its derivatives of various orders."

That explains everything.

I wonder if steel workers are values or derivatives. To their families, they would be ordinary, decent people just trying to get by.

It's a strange day in the neighborhood.