Tag Archives: pseudo science of economics

Should GDP Include Government Spending?

Posted on January 19, 2015 by john

Dear Friends, It seems to me, to bring sanity into economic figures and government decision making, government spending should not be considered part of gross domestic product. Gross Domestic Product, (GDP), is a measure of national income. The number is … Continue reading →

Posted in economy, Group Politics, International Power, Law, media, philosophy, polictics of class envy | Tagged deficit, deficit spending, economics, economy, gdp measure, gdp per person, government spending, International Capitalist Party, national income, new class, politics, pseudo science of economics, redistribution | Leave a comment

Friction

Posted on January 1, 2015 by john

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 →

Posted in economy, Group Politics, Judicial Sysytem, Law, media, philosophy, polictics of class envy | Tagged bureaucratic friction, economic friction, effect of capitalism on culture, government spending, incentive, International Capitalist Party, market system, politics, pseudo science of economics, regulation, taxes, well functioning economy | Leave a comment

Tag Archives: pseudo science of economics

Should GDP Include Government Spending?

Friction

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