Category Archives: Economy

Individual Myth

For decades now we as a society have been following the social preferences of what Lynn Parramore, in an October 26, 2019 episode of Evonomics, called homo economicus, the supposedly rational human for whom the highest and best path for … Continue reading

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Economic Shift?

You may be forgiven if you aren’t aware of it, but in August of 2019, there was a major shift in emphasis in modern economic philosophy. For one, the event wasn’t much reported in any of the mainstream news media. … Continue reading

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COVID Commerce

The economy is global. That is nothing new. European colonial leaders rarely recognized it in public statements, but for most of the past two centuries their national prosperity was dependent on countries thousands of miles away, dependent on the cheap … Continue reading

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Meat for Thought

I understand the concept, and the importance, of trademark protection. Like most people, I depend on words to make decisions, and the words used in trademarks—brand names, model designations, specialized descriptive terms—often have more significance than the average. We depend … Continue reading

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Endless Growth

Two months ago my post discussed one of the major failings of economic analysis and media coverage in the United States: The reverential myth of the powerful leader. By itself, that tendency has created dangerous misinterpretations of economic and regulatory … Continue reading

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Trickle-Up Time

The philosophy of Economics has developed in odd ways in the past five decades, especially in the popular mind. In the academic world it remains a complex system bound by esoteric mathematics and subdivided into a number of different denominations—I … Continue reading

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Job Errors

I don’t often buy things online. Maybe a book I can’t get anywhere else, but most often coffee I can’t get locally. That, of course, makes me feel like an outsider in this world in which everything seems to be … Continue reading

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Commons Problems

If you want to talk about the environment or natural resources or about publicly available information or even privately held resources that are widely shared, you should recognize a concept that describes a well-researched and widely recognized problem. One of … Continue reading

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Never-ending Keynes

We should all remember the name John Maynard Keynes, born this month, on June 5th, 1883. If this name is not familiar to you, it probably should be. You should also know, in general terms, what the term “Keynesian economics” … Continue reading

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