Tag Archives: standard of living

The Way to a Rising Standard of Living

Dear Friends, It seems to me, if we want an economy to provide the standard of living we all desire, government has to be much smaller and far less intrusive, not just into the markets but our lives as well. … Continue reading

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CEO Pay

Dear Friends, It seems to me, a painter who charged for paint but used white wash, a drywaller who put up cardboard instead of sheetrock and a paver who used clay slurry instead of asphalt, would not deserve a huge … Continue reading

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Pragmatism, The American Philosophy

Dear Friends, It seems to me, pragmatism is the quintessential American philosophy, it embodies everything our founders believed. The US founding was based on a market system… of ideas, economics, politics and philosophy. In a marketplace, ideas, products, and even … Continue reading

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Economic Armageddon is Upon Us…

Dear Friends, It seems to me, everything has a rhythm, the Sun rises crosses the sky and sets, the Moon waxes full then wanes new, people wake in morning, work then sleep at night, everything has a rhythm… even and … Continue reading

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Inflation and the Gap Between the Rich and the Poor

Dear Friends, It seems to me, Keynesian economists constantly tell us that inflation is necessary, for a host of reasons, but what they don’t tell us is that one of inflation’s primary attributes… is to exacerbate the gap between the … Continue reading

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The Insanity of the New Class…

Dear Friends, It seems to me, Obama is channeling Marx in his latest diatribe against technological growth. Along with the US President, the elite in the media chant the absurdity… that productivity innovations are bad. On Bloomberg radio yesterday, they … Continue reading

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On The Riots In Ferguson

Dear Friends, It seems to me, the fundamental reason there are riots on the streets of Ferguson is the deficiency of clear knowledge of what really happened, magnified by the lack of a fair process for the redress of grievances. … Continue reading

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Creative Destruction, Say’s Law and the Pseudo Science of Economics

Dear Friends, It seems to me, supply really does drive demand in the creative phase of the creative destruction cycle, and arguments to the contrary are most often based on observation bias. The theory that supply drives demand is Say’s … Continue reading

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The Destruction of Our Standard of Living.

  Dear Friends,   It seems to me, government policies are destroying the middle class in America, and unless the political elite are drooling idiots, the destruction is intentional. From the prices we pay for our needs, to the wage … Continue reading

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Tesla, Crony Capitalism and Creative Destruction

  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

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