What Happens When Alternatives Are Eliminated?
A clip from Alain Resnais’ Mon Oncle d’Amerique shows what happens when alternatives are eliminated, both in scientific studies and fictitious real-world scenarios. Is this not our modern system in…
What happened in 1900?
Anyone who has studied political economy recognizes that something happened around the year 1900 that changed the way the Western world worked. Historian J.M. Roberts declared that 1900 was the…
Civility In Politics–Is It Possible to Agree to Disagree?
In response to a CBS interview about the supposed ‘enmity’ prevalent throughout talk radio, President Obama urged politically-minded individuals to take the high road in debate, suggesting that neither side…
Adding to the Problem In Order to Solve It
(Reuters) – President Barack Obama on Tuesday ordered a government-wide review of regulations with the goal of eliminating those that hurt job creation and make the economy less competitive. http://www.cnbc.com/id/41131176/Obama_Wants_to_Shed_Rules_That_Hurt_Job_Growth…
What Is the Most Ridiculous Form of Government Waste Going On Now?
In ‘Juggernaut’, I explain what can be called the ‘effective demand problem’. This is the Keynesian notion that a complex economy breaks down in times of high unemployment because the…
I Could Be Arguing In My Spare Time
Monty Python Argument Clinic – Some of the best comedy ever broadcast, and very revealing as to how social interaction works these days. Basically, it doesn’t matter what people are…
Does size matter in government?
In his Inaugural Address, Obama stated, “The question we ask today is not whether our government is too big or too small, but whether it works, whether it helps families…
Corporations or government–which is a greater threat to personal well-being?
The great debate of our age seems to be based on where the main threat to personal well-being rests–in corporations or government.
Is the pursuit of wealth a zero-sum game?
Allow me to pose three questions to the inquisitive: 1. Is the pursuit of wealth a zero-sum game? 2. Is the pursuit of money a zero-sum game?