Tag Archives: creative destruction

Regulating Prosperity Away

Posted on June 14, 2024 by john

Dear Friends, It seems to me, almost everyone undervalues the destruction that regulation causes to the economy. Think of an economy like an onion. Each layer representing an industry. The most profitable ones at the core and the least profitable … Continue reading →

Posted in business, economy, International Power, Judicial Sysytem, Law, media, Mercy, philosophy, polictics of class envy, Societal Myth | Tagged analogy\, bureaucracy, bureaucrats, business, corporations, creation, creative destruction, destruction, economics, economy, elite, enterprise, entrepreneurs, firms, incentives, industries, onion, paradigm, poverty, regulation, regulators, skin in the game, taxes | Leave a comment

The Doom Loop Of Economics

Posted on April 10, 2024 by john

Dear Friends, It seems to me, American cities have committed suicide, entering the doom loop of economics. Under the normal progression of creative destruction, you would expect the collapse to be followed by a Renascence. Sadly, in this case that’s … Continue reading →

Posted in business, economy, Judicial Sysytem, Law, philosophy, Societal Myth | Tagged cheap, cities, creative destruction, crime, crisis, crumbling, doom loop, economic cycle, economics, entrepreneur, expensive, graft, investment, recession, regulations, rotting, taxes, towns | Leave a comment

The Millstones Make It Hard To Stay Afloat

Posted on March 24, 2023 by john

Dear Friends, It seems to me, we are being ground between the twin millstones of inflation and recession. The one ruins the currency, the other erodes our prosperity. Not an optimal path to societal wealth. Then again, one only takes … Continue reading →

Posted in business, economy, Group Politics, International Power, Judicial Sysytem, Law, media, Mercy, philosophy | Tagged capital, capitalism, creative destruction, cronies, currency, deflation, demand, economics, government, hyper, inflation, money, recession, regulation, rent seeking, supply, zombie compaanies | Leave a comment

Small Businesses, the Engine of Economic Growth

Posted on August 15, 2016 by john

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 →

Posted in economy, Group Politics, Judicial Sysytem, Law, media, philosophy | Tagged cheap money, creative destruction, economic growth, GDP, government spending, innovation, International Capitalist Party, jobs, market system, money printing real economic growth, politics, regulation, schumpeter, small business, wages | Leave a comment

Billion Dollar Business Idea

Posted on May 28, 2015 by john

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 →

Posted in economy, Judicial Sysytem, Law, philosophy | Tagged balancing principle agent knowledge, business cycle, business idea, corporate profits, creative destruction, economy, International Capitalist Party, jobs, market system, pernicious incentive, principle agent dilemma, rational maximiser, schumpeter | Leave a comment

The War on… Small Businesses

Posted on April 1, 2015 by john

Dear Friends, It seems to me… small businesses are under attack in the US like never before. The first step to starting a small business is higher than ever, the red tape to running a small business is stickier, anyone … Continue reading →

Posted in economy, Judicial Sysytem, Law, media, Mercy, philosophy, polictics of class envy | Tagged creative destruction, deflation, economics, government spending, incentive, Indiana law, inflation, innovation, International Capitalist Party, job creation, lower wages, market system, monopoly, religious freedom, running a small business, small business, state religion | Leave a comment

What Could Have Been… But Wasn’t.

Posted on February 2, 2015 by john

Dear Friends, It seems to me, the state of humanity would be much better had Richard Nixon had continued the space program, and his successors had followed. Instead of fighting a war on terror we would be racing against each … Continue reading →

Posted in economy, Group Politics, International Power, media, philosophy | Tagged creative destruction, creative destruction at work, destabilizing businsesses, digital revolution, economic growth, extinction of humanity, government spending, hind sight, International Capitalist Party, market system, obama's vacations, space program, space travel, spin off technology, war on terror | Leave a comment

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

Posted on October 20, 2014 by john

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 →

Posted in economy, Law, media, philosophy | Tagged aggregate supply aggregate demand, anti capitalist, capitalism, capitalist, creative destruction, economics, economy, government, government spending, incentive, International Capitalist Party, jobs, john maynard keynes, Law, market system, politics, redistribution, regulation, say's law, standard of living, stimulus, taxes | Leave a comment

Tesla, Crony Capitalism and Creative Destruction

Posted on July 31, 2014 by john

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 →

Posted in economy, International Power, Judicial Sysytem, Law, media, philosophy | Tagged anti capitalist, capitalism, constitution, corruption, creative destruction, crony ca, crony capitalism, economics, economy, government, government spending, incentive, International Capitalist Party, jobs, judicial system, market system, media, meritocracy, political favor, politicians, politics, progressive, regulation, schumpeter, standard of living, tesla, tesla v dealerships, wages | Leave a comment

Today’s Federal Reserve Meeting

Posted on June 19, 2014 by john

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 →

Posted in economy, Law, media, philosophy | Tagged aggregate supply aggregate demand, creative destruction, economics, economy, federal reserve, gdp growth, government spending, great recession, illegal aliens, incentive, interest rates, jobs, keynesian, labor participation rate, low wages, market system, minimum wage, monetizing debt, open market committee, politics, poverty, recession, redistribution, regulation, schumpeter, stimulus, unemployment | Leave a comment