Tag Archives: economic friction

Friction

Dear Friends, It seems to me, a bearing is designed to reduce friction so the shaft it holds can rotate with as little loss as possible, adding sand and thus more friction increases loss to the point the shaft fails … Continue reading

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Ideal Government

Dear Friends, It seems to me, ideal government would be invisible to those “governed.” Imagine bringing up your children in a place where politics doesn’t matter because the government is limited the way the founders intended? Under such a system … Continue reading

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One Step To Improve the Economy

  Dear Friends,   It seems to me, one simple thing all governments could do to improve their economies, would be to create a panel, that would go over the regulations and laws then make an annual list of regulations … Continue reading

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I Pencil and Complexity Theory

Dear Friends,   It seems to me, the most commonly known analogy in economics is, I Pencil. This narrative shows that the capitalist system produces things of such complexity it would be impossible for a central authority to do it. … Continue reading

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The Economic Argument Why Obama Care Must be Defunded

Dear Friends,   It seems to me… Obama care is an economic train wreck. The devastation it’s already done, has lowered the standard of living of the World’s people for generations, let alone the future damage it will do. Since … Continue reading

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The Theory of Money

Dear Friends, It seems to me that Milton Friedman’s theory of inflation and money supply presupposes a frictionless plain. A frictionless plain in economics is absolute lasses fair economic conditions. Friedman was a great proponent of lasses fair economics. I … Continue reading

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Bureaucracy

Dear Friends, It seems to me that if a person was to examine the issue open eyed, the reasoning person would ascertain that the primary source of friction in a modern economy, is the bureaucratic organization that is quickly becoming … Continue reading

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