Category Archives: Economy

No Such Thing

One simple economic principle that is all-too often ignored is the one represented by the acronym TANSTAAFL. Never mind that in order to create an easily pronounced phonetic entity the short instructive declaration behind TANSTAAFL has been often expressed as … Continue reading

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Maldistribution and its Consequences

In last month’s post I noted that the past four decades have demonstrated that there is a significant amount of surplus in the economic system and that that surplus, obviously and unfortunately, is not widely shared within our population. Benefits … Continue reading

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Maldistribution and its Discontents

In the United States the past four decades have demonstrated that there is a significant amount of surplus in the economic system. That surplus, unfortunately, is not widely shared within our population. Benefits at the top income levels have grown … Continue reading

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JIT Downfolly

A couple of decades ago a series of positive advertisements were featured on television networks and many cable outlets, almost wherever paid video could find a niche. The most memorable of them began with an image from the inside of … Continue reading

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What infrastructure?

Infrastructure works to normalize behavior, to the point that certain things become relatively invisible and unnoticed. – Christy Pottroff, assistant professor at Boston College. Dollars & Sense, March/April 2021 The American Society of Civic Engineers repeatedly awards our overall national … Continue reading

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Small Green Steps

Our household has just made a small major leap into the future, the green future. The significance and yet smallness of that leap, in regard to our continuing but also relatively small personal commitment to reduce the destruction of our … Continue reading

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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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