capitalism

Business As Usual

February 19, 2023

oogle train wrecks, then click on images. You will not see pictures of every train wreck but you will see more pictures of train wrecks than enough. Train wrecks are not all that uncommon. We call them accidents but are they?

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Happy Now?

November 17, 2020

onservatives have tried, quite successfully, to scare the populace with the word ‘socialism’ for at least a century. It still works with the illiterati. In both graduate and undergraduate  classes there were teachers of economics who were unable to provide a concise definition of the word. I seriously doubt that any of the politicians invoking […]

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Dilemma

March 18, 2019

t’s easy to say that any of the Democratic candidates would be better than Trump. Off the top of my head, I would say that Mike Pence may be the only person who could possibly be worse. That doesn’t solve the problem though. What specific goal do we want and what criteria do we apply.

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Isms Are Dangerous

September 15, 2018

veryone uses labels. Most even label themselves. The problem is that almost no one can define those labels correctly. Some, not all, but some economists can correctly define those common words. I have yet to find a political scientist that can accomplish that task.

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The Real Trump Exposed

June 27, 2018

othing that Trump shows us is authentic. He is a simpleton that inherited lots of money. His incessant boasting of his financial acumen is a sham. An index fund is a type of mutual fund. The portfolio is designed to match the market. It is an automatic, brainless bet. The people who follow such things […]

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Wall Street Walkers

June 8, 2016

he Democratic National Committee (DNC) is home to the world’s most expensive prostitutes. Its members get the treats for turning tricks but you and I are the ones that are paying for it. Below is an article by Bill Moyers and Michael Winship. Neither they nor I wish to see Trump in the Oval Office, […]

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Looking In the Wrong Direction

May 8, 2016

oving, a few necessary trips and scheduling a few more joint replacements, added to trying to do sufficient research for the books I’m working on, don’t leave much time for this blog. You likely aren’t too disappointed on the occasions I find a substitute to expound on an important issue. Here’s another such time. This […]

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The Reagan Voodoo Legacy

March 21, 2015

irst, a few warnings. This article is on economics, the justly termed ‘dismal science.’ True, it’s not all that entertaining but it is worthwhile. It is my longest post ever, 4 to 5 times as long as usual. Still, it merits everyone’s attention. Lastly, I didn’t write it. Aaah. My apologies. It is a cut-and-paste […]

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Many Problems, One Response

July 9, 2012

s a kid (child) I often saw my grandmother cut off the head of a chicken, then let it run around for a couple of minutes before hanging it on the clothesline by its feet to drain the blood. Initially, it was funny. As I grew older, it became much less amusing. Now it is […]

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Our Goose Is Cooked

February 1, 2012

ow many minutes has it been since you heard someone call this the greatest country in the world? How many seconds? Did you agree? Ooops. Was it you saying that? It used to be arguably true. We got accustomed to telling ourselves it was so. We believed it. Many of us, most of us still […]

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