Tag Archives: stimulus

Post Constitutional America

Dear Friends, It seems to me, the United States has entered a post Constitutional era, similar to when Rome passed from a republic to a tyranny, America has thrown off her founding principles and replaced them with the authoritarian credo … Continue reading

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Creative Destruction, Say’s Law and the Pseudo Science of Economics

Dear Friends, It seems to me, supply really does drive demand in the creative phase of the creative destruction cycle, and arguments to the contrary are most often based on observation bias. The theory that supply drives demand is Say’s … 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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Deflation and Deficit Spending

  Dear Friends,   It seems to me, the real reason economists, politicians and Central Bank Presidents are so terrified about deflation, has nothing to do with any pernicious incentives deflation would introduce into the economy, but actually because it … Continue reading

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Stagnationist Economic Policies

  Dear Friends,   It seems to me, we have learned nothing from the stagnationist policies that created the Great Depression, and so are repeating it. The policies that kept the US, and indeed the entire world, in recession for … Continue reading

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Economics of A Scale

    Dear Friends,   It seems to me, a simple way to think about a nation’s economy, is that of a balance. On one side of the scale there would be education, entrepreneurial ethos, work ethic, incentives, etc… and … Continue reading

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Fast Food Economies

Dear Friends,   It seems to me, just because someone eats nothing but doughnuts, drinks only soda and chain smokes cigarettes, doesn’t mean they are going to have a heart attack tomorrow, but it is an indication they will have … Continue reading

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Immigration Reform

Dear Friends,   It seems to me, the immigration bill that is winding it’s way through the legislature, should be called “The wage suppression act of 2013.” Let’s face it, the United States does not have a shortage of workers, … Continue reading

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Incentives, in the Long and Short Term

Dear Friends,   It seems to me, incentives count, in every facet of human existence. People can be relied on to do what is in their immediate interests. Long term interests however, have less bearing on what we do, because … Continue reading

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Charity, Redistribution, Compassion and Resentment.

Dear Friends,   It seems to me, charity elevates both the giver and the receiver, while redistribution lowers both. This is a critically important thing for the average person to understand. Those who actually want to help their neighbor will … Continue reading

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