Tag Archives: economics

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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Our Upside Down World

Dear Friends, It seems to me that we are living in an upside down World. The Elite hold us to the highest standards while committing far worse crimes themselves. The unbiased media is complicit and the people of the World … 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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Government Interference in the Complex System of Economies

Dear Friends, It seems to me, when distributive justice by political favor is the policy of government, as it is the Obama administration, it increases interconnectedness, while at the same time decreasing the feedbacks of the complex system, that is … Continue reading

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State Power, Economics, and Individual Liberty

Dear Friends, It seems to me, the harder it is to do business in any country, the lower economic output will be. When politicians come into power, they all want to increase the power of government, because it serves their … 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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The Organic Nature of Capitalism

Dear Friends, It seems to me, the primary reason the market system works so well, is that a market based economy is organic in nature. In any ecological system there is a great diversity of inhabitants. The one thing they … Continue reading

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Economics and John Meynard Keynes

Dear Friends, It seems to me that the US economy is as “stimulated” as it can be, any more and we will start hearing martini bar music. Trillions of dollars have been printed and circulated during Quantitative easing 1 and … Continue reading

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