Tag Archives: economics

Labor Productivity

People oversimplify the idea of productivity, and the basic concept is pretty simple (Productivity = Output/Input). But the modern world economy, due to technology, social forces, etc. makes the definition of “productivity” a bit more interesting …

The Problem with “Degrowth”

Why Is This Economic Model Consigned to Such an Ignominious Little Left-wing Niche? In 1972, the Club of Rome published its alarmist report The Limits to Growth.  52 years ago, the world had not yet discovered climate panic. Indeed, climate science was still developing its nascent modeling techniques – not yet recognized by a generalContinue reading “The Problem with “Degrowth””

Wealth Creation: Does it Matter Where it Comes From?

Rent-seeking, in economic thought, seems to be critical to capitalism’s survival … but so is labor! Both are necessary to achieve the abundance we all seek …

Mysteries of Public Opinion Polling

Insiders May Know … But the Rest of Us? This November’s election for President looks really, really close! For months now, despite felony convictions, unhinged rhetoric, and polarized media coverage, the polls haven’t budged much. Joe Biden and Donald Trump are each a coin toss away from a January 2025 inauguration. I, for one, can’tContinue reading “Mysteries of Public Opinion Polling”

Why Do I Have to Buy My Job with a Degree?

Runaway credential inflation may not serve anybody well except for the higher education establishment — is it time to treat college and professional degrees more rationally?

Is the Age of Neoliberalism Finally Over?

Neoliberalism has become an epithet in economic circles lately, but what replaces it? It’s time to move on beyond the politically charged labels we hear in election campaigns …

Abundance vs. Scarcity

The Abundance Mindset and Scarcity Mindset of Stephen Covey’s “7 Habits of Highly Effective People” don’t get created only by sheer will power or “positive thinking”!