Tag Archives: perfect competition

The Paradigm Of Crime

Dear Friends, It seems to me, now that crime pays, you can expect lots of crime. As in any profitable enterprise, if the profits are too high, that company can soon expect competition. The competition will rise until there is … 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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Nothing Grows in the Dark but Mold…

Dear Friends, It seems to me that any capitalist enterprise is always held to a much higher standard than any governmental or public entity. This seems to be universal as far as I have looked. If anyone knows of a … Continue reading

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