Political Economy

Author: Mark Biernat

  • Is capitalism bad?

    Capitalists have a bad moral reputation. People see them as bad because their economic theory is based on self-interest. Even though I am an unrepentant capitalist, I totally agree many people who are capitalist are not good moral humans and lack love and compassion. Further, many are just plain jerks and think this economic system…

  • Countries in the EU

    What are the EU counties? I believe in the EU and am a European citizen. I am also an American citizen. The other day I was at the playground with my child and when she was on the swing I was seeing if I could name all 50 US states. I did it with little…

  • Adam Smith on how to make money

    Did you know Adam Smith outlines why people are poor and others are rich? If you apply his thinking to a modern free information global economy, you can free yourself from poverty and make money. With this insight from a great economist from the past, you can add value to society as well as have…

  • Psychology of investing

    If you want to invest well you need to learn one thing, how to tune out the noise. This is the psychology of investing. Experts have written many books on this topic, however, they are all wrong. Why? There is only one rule for investing in the stock market or currency market or any other…

  • Will America collapse?

    This article addresses the ideas will America collapse, but also why people dream of the idea of the fall of the establishment and the rise of post-apocalyptic reality. Define collapse of the United States To answer the question will America collapse or fall, you have to define what this means. To me collapse means a…

  • Was Malthus right?

    Was Thomas Malthus right about population growth and the ability to sustain this population? The answer is found in games. What? Yes, computer games hold the answer. I want to first look at Mathus’ own words, not recycled words about him. This is important to understand exactly what he was trying to convey and why…

  • Balanced budget amendment

    The balanced budget amendment is something that comes up from time to time in the political debates but now is still a pipe dream. It simply is a call for fiscal responsibility. It means the government can not spend more in any given year then it takes in taxes. The only exception would be a…

  • Does ethical investing work?

    When I was a broker it was trendy to invest in socially responsible mutual funds. The question is does this investment strategy work when it comes down to returns?  These funds underperformed other mutual funds. However, for me ethical investing works and I recommend it. What is socially responsible investing There are two parts to…

  • Best stock picker

    There are many free resources and stock screeners for stocks. However, there is one key resource a supercomputer that can pick stocks better than anyone out there. Hot fund of the month When I worked at as a stockbroker there were always mutual fund representatives coming through pitching the top fund (equity or bond) of…

  • Presidential or parliamentary government

    Which is better the presidential or parliamentary system of government? I am both an American and an EU citizen and see the advantages and disadvantages of both. I do not want to compare these two systems as this has already been done. The purpose of this post to tell you based on my experience which…