Economics

Do not read journalist’s critiques of Mitt Romney’s economic plan by papers like the New York Times or the Huffington Post. They will only give you partial gobbledygook. Read my critique of he economics of Mitt Romney. In one clear, crisp concise statement ‘Romney is free market but uses economic incentives to encourage productivity and [...]

Continue Reading Mitt Romney’s economic plan

Penny stocks are a cognitive illusion. Not the penny stocks themselves mind you, they are real. However, your chances to make money from thinly traded, low-priced stocks with little liquid assets, working capital and a lot of dreams are the cognitive illusion. In other words, although there is a chance to get rich from trading [...]

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US economy is not working because Americans forget what economics is about Why is the economy not working? Let me explain economics so simple even Obama could understand, yet he will not. Nor will his Einstein advisers with wing-tip shoes and fancy degrees. I wish he would read this. The simple answer is this: Americans [...]

Continue Reading Why the US has economic problems and what you can do

In a time when the manufacturing of downward arrows that are inserted in economic graphs are the only sector of the economy that is booming, it is worth to be reminded what works in economics and what does not. Basically if you watch this video you will understand what does not work with job creation. [...]

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In our genes are is encoded from the beginning of evolution the idea of survival of the fittest. When humans were becoming modern between 200,000 years and 50,000 years ago in Africa, only the strong survived. This is found and imprinted in our DNA . However, people have extend this idea of Darwinism to the economic [...]

Continue Reading Is capitalism ethical

Libs do not understand that if you want a big middle class with a fair distribution of wealth, try capitalism. Only in free market America do we have a such large middle class with a comfortable lifestyle. Believe me, the middle class and even the poor live a relatively cushy lifestyle. Capitalism is the best [...]

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What is the difference between the US Treasury and the Federal Reserve? The reason I wrote this post is, there is a lot of emotion and confusion circulating both about the role and the raison d’être for the central bank and the Treasury. The underlying premise is a government monopoly on the money supply is [...]

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GOP and Democratic economic fixes do not impress me at this juncture. Why? They are about slowing the leak not fixing the hole. Anyone who understand how to solve the economic woes of the USA are nit picked and labeled as fringe. Even respected economists debate in their ivory towers while the ship is still [...]

Continue Reading How to fix the US economy

Just how much have food prices increased? 37% in the last year 234% in the last ten years For me that brings food prices to dizzying highs. I like to eat. I do not like it when I do not know how much this hobby will cost me from month to month. The purpose of [...]

Continue Reading Food inflation – impact on America

Mixflation Or everything you need to know about prices changes, but were afraid to ask. Biflation or mixflation is when, somethings on the store shelves are going up in price and somethings are going down in price.  This makes sense, yawn. You might say this is a normal situation.  However, what we have now is [...]

Continue Reading Mixflation – Inflation plus delfation equals biflation – What?