Contributor's copies of Asimov's

Contributor's copies of Asimov'sI got my contributors copies of the August Asimov’s! It’s a treat to see my story in print.

I haven’t read it yet, but of course I flipped through it. Seeing the “next issue” section of the new issue prompted me to check out that section of the previous issue, which turns out to be available on-line. It mentions my story, saying:

Another new author, Philip Brewer, gives us a stinging tale about how to recover from the end of life as we know it in “Watch Bees.”

I hadn’t noticed that before; it’s sure fun to see.

The new issue should go on sale June 21st.

Back in July I got a note from J.D. Roth, who was lining up some guest posts to run on Get Rich Slowly while he and his wife were on vacation in France and Italy. I was pleased to be asked once again, and wrote a piece that I ended up being rather pleased with. It went live this morning: Why Now is the Time to Think Long-Term. (Spoiler alert: low interest rates are the reason that now is the time to think long-term.)

About twenty-five years ago (as an example of long-term thinking), I had a whimsical investment idea: Buy some cheap land and plant hardwood trees. The trees wouldn’t be ready to harvest for 100 years or so, but it would have been a cheap investment with (eventually) a fairly large payoff.

It takes a certain perspective to make such a long-term investment. I call it a whimsical idea because I’d never have been able to enjoy the financial return. I was already in my mid-20s at the time. Even if I’d selected the hardwoods for quick maturity, they wouldn’t have been ready until I was well into my 90s.

It’s a topic I’ve been aware of since the early 1980s, when very high interest rates produced a spate of very short-term thinking. (In particular, my dad’s publisher tried to weasel out of a book contract, because it seemed more profitable to invest their money in the money market at a guaranteed 14% than to invest it in a book that might not make so much.)

When rates are high, it doesn’t make any economic sense to think long-term. But when rates are low, long-term projects are suddenly reasonable. Since just now rates are at multi-generational lows, Now is the Time to Think Long-Term.

My Wise Bread post Buy Your Groceries European-Style picked up mentions at both the Discovery Channel’s Planet Green and Lifehacker.

Jason Fitzpatrick had kind words for my post in his piece Shop European-Style for Fresher, Cheaper Food.

Lloyd Alter was especially generous, saying (in a green-living piece subtitled “I thought I was a lonely failure as a frugalista, but I am not“):

I thought we were pretty much along among the frugal living types to do this. However, one of my favourite writers on frugal living, Philip Brewer at Wisebread, agrees…

Thanks guys!