Tag Archives: wages

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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The American Oligarchy

Dear Friends, It seems to me, the West is ruled by an oligarchy, that oligarchy is… the new class. You will remember, if you read my articles or have a sufficient education, that Aristotle characterized the three wrong forms of … Continue reading

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Style over Substance in Democracy

Dear Friends, It seems to me, in politics, to follow style and ignore substance is to court tyranny and spurn liberty. Sadly, a political race is all about style and nothing about substance. The election of Barak Obama showed this … Continue reading

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Embezzlement by Stock Buybacks…

Dear Friends, It seems to me, if a business is the biggest buyer of it’s own stock, that business is admitting it has a problem. To take it a step further, if most businesses are the biggest buyers of their … Continue reading

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Do You Hate the Rich?

Dear Friends, It seems to me, The social contract between those that run our societies, the elite, and the rest of us, has been broken by the elite. The elite have become an oligarchy, the wrong form of aristocracy, and … Continue reading

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The Fiction of Unending Economic Growth

Dear Friends, It seems to me, the desire of economists, government officials, the media and brainiac 2000’s, that the economy grow in a straight line is as absurd as it is ignorant. Unending economic growth has been the siren call … Continue reading

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The Insanity of the New Class…

Dear Friends, It seems to me, Obama is channeling Marx in his latest diatribe against technological growth. Along with the US President, the elite in the media chant the absurdity… that productivity innovations are bad. On Bloomberg radio yesterday, they … Continue reading

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Confusion About the Market System…

Dear Friends, It seems to me, very few people the world over actually understand what the market system really is, most have fallen into the trap set for them by new class Marxists, that the market is evil and government … Continue reading

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Economic Cancer

Dear Friends, It seems to me, the economy has cancer, sectors that are supposed to facilitate business creation and operation are now the ones supported and the real economic actors, (firms that build things and provide services) are now facilitators. … Continue reading

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3D Printing and Creative Destruction

  Dear Friends,   It seems to me, 3D printing is an innovation that has the potential to start a new round of creative destruction. The potential of this technology to make whole sectors of the economy outmoded gives us … Continue reading

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