Tag Archives: supply side

Keynesian Economic Crystal Meth

Dear Friends, It seems to me, economists have been seeking the holy Grail of nonstop economic growth for as long as there have been economists… but as with all natural complex systems, the economy must expand, sleep then expand again. … Continue reading

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Bureaucracy vs Complexity

Dear Friends, It seems to me, the main difference between bureaucratic and complex systems, is that bureaucracies are inefficient and primarily benefit those in charge, while complex systems are extremely efficient and the benefits are more widely distributed. This is … Continue reading

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Obama’s Spurious Logic

Dear Friends, It seems to me that when Obama and the minions in his administration and the unbiased press, claim that Romney will return us to the failed policies that got us into the “great recession,” he is engaging in … Continue reading

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Limiting Supply Makes Prices High

Dear Friends, It seems to me, when government limits supply, prices are always high. This axiom holds true, no matter what country’s government does it, or what form of government it is. In the dynamic world of economics, supply reacts … 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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True Economic Stimulus

Dear Friends, It seems to me, one of the only ways government spends money that is useful to the economy, is in a space program. The technology development from such endeavors is alone sufficient, add to that, the potential opening … Continue reading

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Supply Side / Demand Side Economic Theory.

Dear Friends, It seems to me that there is great confusion about what supply side economics and demand side economics mean. I will try to explain the difference in this blog, why our understanding the difference is important, and how … Continue reading

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