Tag Archives: recession

Economics and Appeal To Authority

Posted on September 19, 2025 by john

Dear Friends, It seems to me, what if the economy is in recession and the elite claim it’s not? The media will report all is well and the politicians will feel comfortable in their ivory tower, but the people will … Continue reading →

Posted in business, economy, media, philosophy | Tagged accountability, administrative state, bureaucracy, central planners, corruption, economy, elites, government, inflation, jobs, lies, media, political economy, public policy, recession, skepticism, unemployment, Wall Street | Leave a comment

Oversimplification Wealth And Power

Posted on September 10, 2025 by john

Dear Friends, It seems to me, economics is more complex than the elites would have us believe, or understand themselves. Milton Friedman said inflation is always a function of monetary policy, which I think is an oversimplification. John Maynard Keynes … Continue reading →

Posted in business, economy, philosophy | Tagged aggregate demand, aggregate supply, Austrian economics, banking crisis, boom bust cycle, bubble economy, central banking, central planning, creative destruction, cronyism, economic elites, economic history, economic manipulation, economic orthodoxy, economic oversimplification, economic theory, economics, elite power, federal reserve, fiscal policy, government intervention, great depression, inflation, john maynard keynes, joseph schumpeter, keynesian economics, milton friedman, monetarism, monetary policy, power distribution, progressive era, recession, regulatory policy | Leave a comment

An Impassioned Defense Of Waste, Fraud And Abuse

Posted on March 12, 2025 by john

Dear Friends, It seems to me, the talk about town is how DOGE cutting waste, fraud and abuse, is going to send the economy careening into a recession. Which is premised on the notion, the roof must continue supporting the … Continue reading →

Posted in business, economy, Judicial Sysytem, media, Mercy, philosophy, Societal Myth | Tagged abuse, economy, fourth amendment, fraud, inflation, media, press, recession, tariff, waste | Leave a comment

Weighing Keynes Demand

Posted on March 6, 2025 by john

Dear Friends, It seems to me, Keynes understood part of the truth, but only a small part. The reason I say this is because he gathered all demand under the same umbrella. Which is clearly not the case. Does demand … Continue reading →

Posted in business, economy, International Power, Judicial Sysytem, philosophy, Societal Myth | Tagged demand, factor, growth, inflation, keynesianism, necessities, negative, productive, recession, spending, supply, unproductive, weight | Leave a comment

Military Versus Economic Might

Posted on June 29, 2024 by john

Dear Friends, It seems to me, instead of being the military engine of the world, perhaps it would behoove the US, to become the economic engine of the world again? Not by financial shenanigans, or service sector growth… but by … Continue reading →

Posted in business, economy, International Power, media, philosophy, Societal Myth | Tagged aggregate, brakes, deficit, demand, depression, economy, friction, granny, keynesian, recession, regulation, spending, supply, taxes | Leave a comment

Carbon Credits Are A Con

Posted on April 22, 2024 by john

Dear Friends, It seems to me, carbon credits are simply another way for the rich to steal from the poor. By creating an entirely arbitrary market, they can “create wealth” in the form of script, and sell it to dupes. … Continue reading →

Posted in business, economy, Judicial Sysytem, Law, media, Mercy, philosophy | Tagged carbon, carbon credits, change, climate, co2, con, economy, energy, environment, game, GDP, green, growth, poor, recession, rich, scam, shortages, standard of living, stealing, third world, wealth | Leave a comment

The Doom Loop Of Economics

Posted on April 10, 2024 by john

Dear Friends, It seems to me, American cities have committed suicide, entering the doom loop of economics. Under the normal progression of creative destruction, you would expect the collapse to be followed by a Renascence. Sadly, in this case that’s … Continue reading →

Posted in business, economy, Judicial Sysytem, Law, philosophy, Societal Myth | Tagged cheap, cities, creative destruction, crime, crisis, crumbling, doom loop, economic cycle, economics, entrepreneur, expensive, graft, investment, recession, regulations, rotting, taxes, towns | Leave a comment

The Millstones Make It Hard To Stay Afloat

Posted on March 24, 2023 by john

Dear Friends, It seems to me, we are being ground between the twin millstones of inflation and recession. The one ruins the currency, the other erodes our prosperity. Not an optimal path to societal wealth. Then again, one only takes … Continue reading →

Posted in business, economy, Group Politics, International Power, Judicial Sysytem, Law, media, Mercy, philosophy | Tagged capital, capitalism, creative destruction, cronies, currency, deflation, demand, economics, government, hyper, inflation, money, recession, regulation, rent seeking, supply, zombie compaanies | Leave a comment

Rent Seeking As An Economic Model

Posted on March 15, 2023 by john

Dear Friends, It seems to me, once an economy is based almost entirely on rent seeking, that economy must soon collapse, along with the nation. Rent seeking is a zero sum game and so an economy based on it will … Continue reading →

Posted in business, economy, Group Politics, International Power, Judicial Sysytem, Law, media, Mercy, philosophy, polictics of class envy, Societal Myth | Tagged bank failure, bank run, barriers, corruption, crime, crony capitalism, dperession, easy money, eating itself, economics, get rich, hyper, nflation, ouroboros, recession, regulation, rent seeking, run, slime mold, taxes | Leave a comment

Fighting Inflation With Reverse Keynesianism

Posted on December 14, 2022 by john

Dear Friends, It seems to me, the elite like to use Keynesian economics when in recession, but when in inflation, nothing could be further from their minds. We know this because governments the world over increase spending, when the economy … Continue reading →

Posted in business, economy, Group Politics, International Power, Judicial Sysytem, Law, media, Mercy, philosophy | Tagged aggregate demand, aggregate supply, austerity, borrowing, deflation, economics, elitism, elitist, frankfurt school, inflation, keynes, money, Nietzsche, populism, power, recession, regulation, spending | Leave a comment