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Tag Archives: economic incentives
Pareto Is The Enemy Of Central Planning
Dear Friends, It seems to me, once one accepts that Pareto was right, then the question shifts from how to get rid of poverty to what’s the best way to distribute wealth? If poverty can’t be eliminated, then we should … Continue reading
Posted in economy
Tagged Capitalism vs Socialism, central planning, economic freedom, economic growth, economic history, economic incentives, Economic Philosophy, economic systems, economics, Free Market Theory, free markets, french revolution, government intervention, Income Inequality, individual liberty, Karl Marx, Market Economics, Pareto principle, political economy, populism vs elitism, poverty, prosperity, self-interest, socialism, soviet union, Venezuela, wealth creation, Wealth Distribution, Wealth Inequality
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Government Accountability
Dear Friends, It seems to me, if an accountant messes up your taxes, a plumber ruins your plumbing, or an electrician shorts out your wiring, they are accountable to repair it… a government should be just as accountable for its … Continue reading
Posted in economy, International Power, Judicial Sysytem, Law, media, Mercy, philosophy
Tagged abuse of power, accountability vs immunity, authoritarian incentives, bureaucratic failure, civil liberties, corruption vs virtue, economic freedom, economic incentives, electoral politics, ethics in government, governance reform, government accountability, government failure, incentives, institutional corruption, justice system, moral hazard, policy consequences, political corruption, political economy, political ethics, political incentives, power, public choice theory, public policy, regulatory failure, rent control, rule of law, state power
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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
Posted in economy, Judicial Sysytem, Law, media, Mercy, philosophy
Tagged banksters, death of wealth, economic collapse, economic drag, economic incentives, federal reserve, fiat currency, fiat money, financial sector analysis, financial services definition, frivolous lawsuits, function of the banks, government spending, incentive, International Capitalist Party, jobs, legal system definition, market system, prosperity, rational maximiser, wages, wall street versus main street
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