Opinions and Theories are Not the Same as Facts

Please understand the differences in what you’re finding online.

It’s March 2025 and eggs — the kind that come out of chickens and are a staple in American breakfasts — are not only in short supply, but more expensive than ever. This is a fact that you can confirm for yourself by visiting any supermarket or grocery store that sells them.

Bird flu is spreading throughout the US. It has caused the death or destruction of millions of commercial egg farm hens. This is also a fact. Here are some recent trustworthy references to support this:

Hens
These were two of my hens, back when I kept chickens. I had as many as 18 at one time and was selling eggs to my neighbors for $4/dozen. I miss them but have trouble getting them cared for in the winter when I’m away.

Hens lay eggs. Fewer hens mean fewer eggs. This is a combination of fact and logic. As someone who has had a backyard flock of hens on and off for the past 30 years, I can assure you that the more hens I have in my flock, the more eggs I get.

The economic concept of supply and demand states that, well, you can read it for yourself in this quote from the Supply and Demand entry in Britannica Money:

supply and demand, in economics, [is the] relationship between the quantity of a commodity that producers wish to sell at various prices and the quantity that consumers wish to buy. It is the main model of price determination used in economic theory. The price of a commodity is determined by the interaction of supply and demand in a market. The resulting price is referred to as the equilibrium price and represents an agreement between producers and consumers of the good. In equilibrium the quantity of a good supplied by producers equals the quantity demanded by consumers.

I was a business major in college so I took Economics 101 and 102. I know this stuff. It makes sense to me. And if you think about it, it should make sense to you. Prices on items that are scarce but in demand are generally higher than the same item if it’s available in higher quantities. This can be a natural result of marketplace economics, as the above paragraph suggests, or it can be manipulated by sellers to either increase profits on scarce commodities or control the sale of them.

An example of using price to control sales is what I recently saw in a local supermarket that had some eggs available for sale. If you bought one or two dozen, they were about $7/dozen. But if you bought more than two dozen, the price went up to about $10/dozen. Hoarding has become a problem with the egg shortage and this supermarket was trying to discourage that behavior by jacking up the prices for hoarders.

That’s not to say that some producers, wholesalers, or retailers aren’t trying to cash in on the shortages. There will always be people and organizations that take advantage of a situation.

In the case of producers, I don’t blame them one bit. If you had a flock of a 10,000 chickens and lost 7,500 of them to bird flu — science says it’s 75% to 100% deadly to birds — you’d not only have to spend a boatload of cash to make sure your facility was free of the pathogens, but you’d have to buy 7,500 replacement birds. Commercial hens might be different, but I know I had to wait four to five months for any of the chicks I obtained to start laying in my backyard. That’s a huge cash outlay and reduced productivity for months. I don’t think it’s unreasonable to want to cash in on the eggs being laid by the 2,500 birds I have left. Supply and demand supports this, especially since the loss of hens is so widespread.

But this is still an opinion. You might think it’s fine for farmers to take a hit that might actually drive them out of business. That’s your opinion.

The farther you go up the chain from the producer with suddenly less product to sell, the less acceptable it is to cash in on the scarcity. But that’s still a moral judgement or opinion. It is not a fact.

And then there are the conspiracy theories. Big Henhouse is controlling the price of eggs and using bird flu as an excuse. There really isn’t a shortage at all. They’re just pretending it is to separate consumers from their money.

Is this a fact? No. Is it based on facts? Perhaps a few. Maybe egg prices are unreasonably high in an area that hasn’t been hit by bird flu. But maybe those producers are also sending their eggs out to areas that have been devastated by bird flu.

What is the truth? What are the facts? Are these Big Henhouse price gouging conspiracy theories what’s actually going on? Or are they just a tool to focus your hate and anger on big business?

If you’re actually trying to answer what I’ve posed as rhetorical questions, don’t just share the first Google hit that supports your view. Look at the source of the information. Far left? Far right? Anti-big business? Or a news outlet that tends to focus on fact-based reporting? Don’t respond to this post with something you read on the New Republic or in Mother Jones or in a blog post in a popular blog. That’s not news. It’s opinion and/or theory based on cherry-picked data.

I don’t know about you, but now that I’m not producing my own eggs and feeling forced to eat them every day just to keep up with production, a dozen lasts me more than a week. Yes, I’m one person and I understand that larger households probably eat more eggs. Although the prices will never get down to what they used to be — ever heard of inflation? — they should eventually come down as the bird flu problems are resolved and flocks are rebuilt. Until then, if you find them too expensive for your household, eat fewer eggs. You don’t need them for breakfast every morning. And you don’t need as many as you think you might.

Otherwise, just stop stressing over the price of eggs and worrying about who is profiting in the current situation. Despite what your super socialist friends might think, price fixing by the government is not a reasonable long term solution — especially with the current government. Buy only what you need to help prevent scarcity. If everyone did this — remember supply and demand? — the prices will likely come down sooner than later.

The Jones Act, Podcasts, and Expanding Your Knowledge of the World

A brief post about how you can learn things every day with podcasts.

Planet Money
Planet Money is just one of the podcasts I listen to regularly.

I’ve been listening to podcasts for more than 10 years now. In fact, I had my own podcast — which was mostly an audio version of some of my blog posts — from 2005 to 2007. I believe that podcasts are a great use of downtime to learn new things.

(If you’re not interested in learning new things, you may as well stop reading now and resume your perusal of cat videos and other entertaining but frivolous nonsense that clogs the Internet’s “pipes.” I’m not even sure why you came to this blog, since it exists primarily to share the things I’ve learned and encourage informed, educated conversation among readers.)

If you’re not sure why you should be interested in learning new things, consider this:

Learning new things helps make you a more rounded person, able to have a good conversation with just about anyone. It helps you make better decisions for yourself, your career, and your family. It keeps you informed about the things that affect the world around you so you can better understand them without relying on someone with an agenda to explain them to you.

Such as the Jones Act, which has been in the news all week.

I’d never heard of the Jones Act before I learned about it on a Planet Money podcast. Originally aired back in 2014, it explains what the Jones Act is and what it means to real people.

What I like about Planet Money is that it covers topics related to economics in plain English. It’s not just informative — its entertaining. When I heard the Jones Act mentioned in the news this morning, I immediately remembered the family that missed their cruise ship departure and how Jones Act penalties cost them money. It was easy to understand how this law from the 1920s, written to create a sort of monopoly for American shippers, could negatively impact Americans in Puerto Rico who lacked basics like drinking water right after Hurricane Maria. Knowing about the Jones Act gave me a sort of leg up on this week’s conversations about it.

That’s just an example, of course. I listen to a handful of podcasts, some for education and others for entertainment. They fill my head with sometimes trivial yet often fascinating information that makes me think. They challenge me with puzzles and word games and news quizzes. They make me laugh and cry. They’re a great use of my downtime, no matter where I am; I can carry them around with me on my phone, along with the music I find myself listening to less and less frequently.

Here’s what’s currently in my preferred podcast app, Downcast:

By “downtime,” I mean the time I spend doing something that requires some but not all of my concentration. Driving is a perfect example. I need to pay attention to the road and signs and other drivers while I’m driving, but that doesn’t prevent me from having a conversation with a companion or listening to music or audio books. Long solo drives — perhaps a daily commute — is a perfect time to listen to podcasts.

I don’t have much of a commute, although I do listen to short podcasts on my drive from home into town (20-30 minutes) to run errands once in a while. I mostly listen when I’m traveling — on a very long drive or stuck in an airplane. Or even flying my helicopter from point A to B. (These are the same times I sometimes listen to audio books, which are available from my library for free.) This is time when I really can’t do anything else. It’s nice to let my mind wander sometimes, but it’s also good to make use of this time to learn.

Do you listen to podcasts? If so, what are your favorites? Use the comments for this post to let readers — and me! — know.

It Takes Money to Make Money

A simple fact too many folks don’t seem to understand.

The other day, I was at a social gathering with a bunch of friends and neighbors. Conversation turned to a good friend of mine with a very large, underutilized garage. I mentioned that during the winter, he rents out storage space for the season to people with boats, RVs, and other vehicles not likely to be used in the winter. This brings in some extra cash for his winter travels to the south.

“What a great idea!” one of my neighbors said. She turned to another member of the group. “See? There are all kinds of ways people can make money. I don’t see why we should be paying for them.”

I could tell that she’d used my story to continue a conversation she’d had earlier with other people in the group. But she was missing an important point.

“It’s all about assets,” I said. I told the group about how I’m currently being paid to have my helicopter parked in a snug hangar in California in case it’s needed. Yes, I’m bringing in cash without seeming to do anything. But the asset that’s making that possible has cost me more than a half million dollars in the past 13 years to buy, maintain, overhaul, and insure. It’s not as if I’m getting money for nothing.

MoneyThe same goes for my friend. If he didn’t have that big garage, could he rent out space to boat owners? No. What did it cost him to build that garage? Maintain it? Insure it? All that costs money.

The sharing economy has given us all kinds of ways to bring in a little cash on the side. It’s no secret that before I sold my big fifth wheel, I parked on my driveway and rented it out on AirBnB for $89/night with a two-night minimum. I had people in it nearly every weekend that summer. But could I have done that if I didn’t have the fifth wheel? Or acreage with an amazing view and a full RV hookup? What did it cost me to buy the fifth wheel and land? And set up the power, sewer, and water hookups? All that costs money.

And then there’s Uber and Lyft, two ride-sharing companies. Yes, you can drive people around and get paid for it. But to do that, you need a car that meets certain requirements for age and style and that car has to be insured. All that costs money.

The conversation didn’t go this far. It moved on to other things before I could make this point. It didn’t matter. I like my neighbors, even though I think some of them are politically misguided, and didn’t want to ruin the evening with a possibly heated debate. We’re among the fortunate Americans. Neither rich nor poor, we are homeowners on the downhill slope of life, able to take care of all of our needs with a little left over for extras. Life’s not easy, but it certainly isn’t hard.

Yet some of us understand what it’s like for the people who struggle to get by. We empathize, possibly because we’ve been in their shoes in the past. We don’t expect them to produce money out of thin air with creative use of assets they couldn’t possibly afford when they’re having enough trouble putting a roof over their head and food on the table. We don’t mind paying a little extra in our taxes to help them with social services programs or, even more importantly, to fully fund our school systems to help their kids get a path out of poverty through education.

But it’s the mindset of my friend — the complete lack of understanding of how difficult it can be for certain people to earn a decent living — that bothers me. It’s an almost “let them eat cake” moment. And sadly, it’s shared by far too many Americans these days.