Econ Lessons for your life
John Maynard Keynes’ book The General Theory of Employment, Interest and Money published 1936 was a paradigm shift from the classical school. His book was a new understanding of money and markets. Whereas Keynes’ Treatise on Money was an extension of the theory of time, his General Theory started what is known as the “Keynesian …
Cryptocurrency investing is like choosing Democracy over a King. That is, you are investing in an idea. You believe in decentralized currency and the freedom of economics and money. That being said, the market is hyper inflated. I personally do not invest in this. This post is wild speculation on my part and I have …
Continue reading “Cryptocurrencies – the next evolution of money”
This is a free version of Capital by Karl Marx for download below in PDF. It is not just the book Volume I, that are found on other websites, nor an on-line version where you have to scroll through endless pages in your browser, rather this is Volume I, II and III in one book …
Who will win the 2016 Presidential election? It will be a Trump versus Clinton contest. The main difference between the two candidates are: Trump knows business and Clinton knows government. Under Trump there will be an expansion of jobs and wages. Under Clinton there will be an expansion of government and taxes. I will vote …
I opted out of the Universal health care mandate. I did it legally. Why did I do this and how is the purpose of this post. I opted out and I am glad I did. I choose not to be part of the system because of moral reasons, but I also found a better alternative. …
This post is about my personal transition from career purgatory to loving my job. I have a Masters and was making 100k plus easy before I moved to Poland to live another life. Yet since my return to the USA, I really never got my career going again. I was waffling. Some of it was the …
Yes it is true my job sucks – What about yours? There is a difference between toil (having a job) and work. Toil is what you do to pay the bills. Work is when your vocation and avocation are aligned. The issue is most of us, but not all, are still stuck in phase I …
Obama got reelected because Americans have settled. The majority has concurred that 8% unemployment and a $10 dollar an hour job with no benefits is the new reality. Well I do not like to be the one to spoil the surprise, but there is a brave new world, a new economy is around the corner …
Knut Wicksell developed a model for understanding price movements based on the divergence of the observed bank rate of interest and marginal productivity or capital or lets say the profit rate. variations of this idea was developed by the Austrian school of economics to explain business cycles. That is disequilibrium in the monetary markets create …
Continue reading “Wicksell expectational business cycle model”
I am not talking about quitting your side job, but your day job, leave it if you do not like it. What is stopping you? In my book there are only jobs or following your dream. I guess jobs are good for temporary income to get you out of debt, but you better commit yourself …