Tag Archives: economics

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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