Saturday, July 21, 2012

The Land Of The Frontier

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The United States of America can be described in one word. That word is "frontier". First of all, there is the name itself. I ...

The Story Of The English Language

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The reason that the English language is suitable to be the global language that it is today is that it has such a wide "span" of ...
Thursday, August 18, 2011

Recessions Made Really Simple

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One word with which we are all unfortunately familiar is "recession". In a free market economy, a recession is a significant decre...

Deflation

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We sometimes read of inflation as a threat to the health of our economy. But now there is the chance of a phenomenon that occurs much less o...

Economic Collapse

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Let's take a look at the growing financial catastrophe. (This was written in autumn 2008.) I find that there is an aspect of the collaps...

Economic Boom And Bust Cycles

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Today, I would like to introduce more of my economic theory. Today's posting concerns the destructive boom and bust cycles that plague t...

The Extreme Inefficiency Of Wealth Production

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In my book, "The Patterns of New Ideas", I discussed the idea of what I called "fluff" in economic terms (see the idea ...

The Production Tier

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Have you ever been in a car with several people on the way to some destination when, while you all agree on what the destination is, everyon...

The Wage And Price Disparity

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One of the most important factors in the global economy today is the fact that in some countries, both wages and prices are high and in othe...

The Wage-Price Spiral Made Really Simple

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In western countries, both wages and prices tend to rise over time even if the average buying power remains about the same. When I was old e...

The Healthy Economy

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We can describe an economy as a platform to reward wealth creation and to make possible a division of labor (labour), so that each person ju...

The Wave Model Of Economics

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Today, I would like to describe my long-term view of economics as a wave. In idealized form economics, and thus politics, would reach an ...