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Tag Archives: pseudo science of economics
Should GDP Include Government Spending?
Dear Friends, It seems to me, to bring sanity into economic figures and government decision making, government spending should not be considered part of gross domestic product. Gross Domestic Product, (GDP), is a measure of national income. The number is … Continue reading
Posted in economy, Group Politics, International Power, Law, media, philosophy, polictics of class envy
Tagged deficit, deficit spending, economics, economy, gdp measure, gdp per person, government spending, International Capitalist Party, national income, new class, politics, pseudo science of economics, redistribution
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Friction
Dear Friends, It seems to me, a bearing is designed to reduce friction so the shaft it holds can rotate with as little loss as possible, adding sand and thus more friction increases loss to the point the shaft fails … Continue reading
Posted in economy, Group Politics, Judicial Sysytem, Law, media, philosophy, polictics of class envy
Tagged bureaucratic friction, economic friction, effect of capitalism on culture, government spending, incentive, International Capitalist Party, market system, politics, pseudo science of economics, regulation, taxes, well functioning economy
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