Tag Archives: schumpeter

Small Businesses, the Engine of Economic Growth

Dear Friends, It seems to me, the barriers to starting a small business have never been higher, as evidenced by the dearth of small businesses that are starting up. This is critical because the economic potential of any economy is … Continue reading

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Billion Dollar Business Idea

Dear Friends, It seems to me, a smart business idea that could net someone millions, and perhaps billions, is a website that reads and posts a simple to read synopsis of every shareholder’s report, briefly describing any changes the board … Continue reading

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Tesla, Crony Capitalism and Creative Destruction

  Dear Friends,   It seems to me, an excellent illustration of political favor at work, the type of political favor that is destroying our economy… is the scuffle between Tesla Motor Cars and the Dealerships in New Jersey. Everyone … Continue reading

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Today’s Federal Reserve Meeting

  Dear Friends,   It seems to me, economists have been predicting three plus percent GDP growth since Obama came into office, and all their predictions have been wrong. The US GDP has stagnated for over five years despite the … Continue reading

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Socialist’s Hypocrisy

Dear Friends,   It seems to me, socialists never seek to live under socialism, they want the rest of us to. To a man, or woman, socialists always want others to live in their social laboratories, like lab rats, in … Continue reading

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Economic Circadian Rhythms

Dear Friends, It seems to me, the boom bust cycles of all market economies, are like the sleep wake cycle of human beings, and all higher life forms. We must have times of rest, else we become less efficient, and … Continue reading

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Faction in the Modern World

Dear Friends, It seems to me that faction is a bigger threat to our Constitutional republic today than at any time in our history. That is a pretty big statement, considering that we have fought a Civil War, as atonement … Continue reading

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Incentives Count

Dear Friends, It seems to me that, in every human endeavor, incentives count, but no place more than in the field of economics. Government sets the incentives both obviously and not so obviously. Society and culture also create incentives and … Continue reading

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Class Mobility and Centrist Republicans

Dear Friends, It seems to me that John Boehner’s performance on FOX News Sunday today is exactly why a centrist like Mitt should not be President. They are both upstanding men of high caliber. They are personally good men and … Continue reading

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