Tag: economics

Used Poorly Politics And Economics Are A Bad Combination


When money drives politics, you don’t get the truth or easily understood programs.

Tradeoffs Define Economics


Can anyone create a cost/benefit tradeoff analysis on government spending? No, they cannot, and the government doesn’t want to.

It’s A mistake To Address The Wrong Problem


Low interest rates didn’t cause inflation. They may harm some people though

How Did Russia Revive the Ruble?


Some thoughts on Russia providing gold backing for the ruble.

What Is Purchasing-Power-Parity?


The government spends your money for things you ignore. Bad habit

Using The Big Picture of the Economy


Pay some attention to macro-economics

When Intuition Fails


You can anticipate the future to help organize your life.

How Economics Connects To Personal Financial Planning


You cannot ignore the essence of economics and be successful.

What Does Economic Rent Mean?


When does rent seeking become unethical? Should it?

Practical and Applied Economics


You can achieve acceptable results with only a small share of the theory available.

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