Dear Subscriber, this site has not been updated in some months and we’re preparing to do so now. This is a test to see what subscribers get when we add a new post. Please ignore this email. You can also…
Presidents have much less power over economy than people think
Contrary to what millions of us think, and what politicians would like us to think, U.S. presidents have little influence over our economy and very little direct control. Yet the assumption is that, as the chief justice takes the Bible…
Sewers are needed by fools like me, but only God can make a tree
Economics is the study of how humans choose to use scarce resources. This may be at the global/national level or for individuals, households and firms. One can see concepts from economics in myriad daily situations — hence the title of…
On technology, productivity and the inter-connectedness of us all
Growth in productivity isn’t everything, but as an economic barometer, over the long-run, it is far more important than the more-attention-getting short-term fluctuations in unemployment and inflation. Getting more goods and services to meet people’s needs and wants out of…