Tag Archives: schumpeter

How Is The IRS And A Plague Of Locusts Different? Locusts Have Souls.

Posted on August 24, 2022 by john

Dear Friends, It seems to me, the administrative state’s hiring 87,000 new armed IRS agents, shows it is aiming to wipe out small businesses. Those small firms that make it past the inflation, regulations and subsidized corporate competition… that is. … Continue reading →

Posted in business, Group Politics, International Power, Judicial Sysytem, Law, media, Mercy, polictics of class envy, Societal Myth | Tagged audit, corporatism, corprations, global government, irs, joseph schumpeter, locusts, philosophy, politics, schumpeter, small business, socialism, yaxes | Leave a comment

The Epic Swindle

Posted on December 27, 2020 by john

Dear Friends, It seems to me, what we are seeing today, is the idea Joseph Schumpeter espoused in his book Capitalism, Socialism and Democracy… that the first step to making a socialist society, is destroying small businesses. He said that … Continue reading →

Posted in business, economy, Group Politics, Judicial Sysytem, Law, media, Mercy, philosophy, polictics of class envy, Societal Myth | Tagged corporation, corporatocracy, how to get socialism, schumpeter, small business, socialism | Leave a comment

Small Businesses, the Engine of Economic Growth

Posted on August 15, 2016 by john

Dear Friends, It seems to me, the barriers to starting a small business have never been higher, as evidenced by the dearth of small businesses that are starting up. This is critical because the economic potential of any economy is … Continue reading →

Posted in economy, Group Politics, Judicial Sysytem, Law, media, philosophy | Tagged cheap money, creative destruction, economic growth, GDP, government spending, innovation, International Capitalist Party, jobs, market system, money printing real economic growth, politics, regulation, schumpeter, small business, wages | Leave a comment

Billion Dollar Business Idea

Posted on May 28, 2015 by john

Dear Friends, It seems to me, a smart business idea that could net someone millions, and perhaps billions, is a website that reads and posts a simple to read synopsis of every shareholder’s report, briefly describing any changes the board … Continue reading →

Posted in economy, Judicial Sysytem, Law, philosophy | Tagged balancing principle agent knowledge, business cycle, business idea, corporate profits, creative destruction, economy, International Capitalist Party, jobs, market system, pernicious incentive, principle agent dilemma, rational maximiser, schumpeter | Leave a comment

Tesla, Crony Capitalism and Creative Destruction

Posted on July 31, 2014 by john

Dear Friends, It seems to me, an excellent illustration of political favor at work, the type of political favor that is destroying our economy… is the scuffle between Tesla Motor Cars and the Dealerships in New Jersey. Everyone … Continue reading →

Posted in economy, International Power, Judicial Sysytem, Law, media, philosophy | Tagged anti capitalist, capitalism, constitution, corruption, creative destruction, crony ca, crony capitalism, economics, economy, government, government spending, incentive, International Capitalist Party, jobs, judicial system, market system, media, meritocracy, political favor, politicians, politics, progressive, regulation, schumpeter, standard of living, tesla, tesla v dealerships, wages | Leave a comment

Today’s Federal Reserve Meeting

Posted on June 19, 2014 by john

Dear Friends, It seems to me, economists have been predicting three plus percent GDP growth since Obama came into office, and all their predictions have been wrong. The US GDP has stagnated for over five years despite the … Continue reading →

Posted in economy, Law, media, philosophy | Tagged aggregate supply aggregate demand, creative destruction, economics, economy, federal reserve, gdp growth, government spending, great recession, illegal aliens, incentive, interest rates, jobs, keynesian, labor participation rate, low wages, market system, minimum wage, monetizing debt, open market committee, politics, poverty, recession, redistribution, regulation, schumpeter, stimulus, unemployment | Leave a comment

Socialist’s Hypocrisy

Posted on August 22, 2013 by john

Dear Friends, It seems to me, socialists never seek to live under socialism, they want the rest of us to. To a man, or woman, socialists always want others to live in their social laboratories, like lab rats, in … Continue reading →

Posted in economy, Group Politics, Law, media, Mercy, philosophy, polictics of class envy | Tagged anti capitalist, Bernadine dohrn, bill ayers, capitalism, capitalist, communist, constitution, corruption, economics, economy, elite, government, government spending, group, health care, hypocrisy, incentive, International Capitalist Party, jobs, Law, market system, marx, media, meritocracy, Obama, politicians, politics, rational maximiser, redistribution, regulation, Rousseau, schumpeter, socialist, socialist hypocrisy, society, sophist, Sophistry | Leave a comment

Economic Circadian Rhythms

Posted on February 21, 2013 by john

Dear Friends, It seems to me, the boom bust cycles of all market economies, are like the sleep wake cycle of human beings, and all higher life forms. We must have times of rest, else we become less efficient, and … Continue reading →

Posted in economy, Law, media, philosophy, polictics of class envy | Tagged anti capitalist, boom bust, capitalism, capitalist, circadian rhythms, communist, constitution, creative destruction, economic circadian rhythms, economic cycles, economics, economy, education, elite, government, government spending, health care, International Capitalist Party, jobs, market system, media, meritocracy, politicians, politics, poverty, rational maximiser, recession, redistribution, regulation, schumpeter, socialist, stimulus, tax | Leave a comment

Faction in the Modern World

Posted on August 20, 2012 by john

Dear Friends, It seems to me that faction is a bigger threat to our Constitutional republic today than at any time in our history. That is a pretty big statement, considering that we have fought a Civil War, as atonement … Continue reading →

Posted in Group Politics, Law, media, philosophy, polictics of class envy, Societal Myth | Tagged constitution, constitutionnal limits, elite, executive branch, faction, federalist paper 10, federalist papers, free press, government, government spending, International Capitalist Party, judicial branch, legislative branch, limits on power, madison, market system, media, progressive, regulation, schumpeter, socialist, tyranny, unbiased, usurp, usurpation | Leave a comment

Incentives Count

Posted on May 10, 2012 by john

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 →

Posted in economy, media, philosophy, polictics of class envy, Societal Myth | Tagged capitalism, demand side, disincentives, economics, economy, education, government, government spending, incentive, incentives, International Capitalist Party, jobs, market system, meritocracy, perfect competition, rational maximiser, redistribution, regulation, schumpeter, Sophistry, supply side, taxations, taxes, wealth creation | 1 Comment