Tag Archives: economics

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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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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Trickle-Down Freedom

Reality has a way of making hash out of many promising and popular theories. Or perhaps I should say many hypotheses, given that a theory is properly understood to be a more robust explanation about the way things work. A … Continue reading

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Gilded Age II

I often read historical accounts of the Gilded Age, that half-century of rapid industrial growth and massive concentration of wealth that followed the end of the Civil War in the United States. Between 1870 and 1920 there were several significant … Continue reading

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Low Gas Prices Exported

Here’s some news you probably didn’t know about the recent rise in gasoline prices in the United States: In 2011 the largest category of exports from the U.S. to other countries was fuel. Yes, gasoline, diesel, jet fuel, and so … Continue reading

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