In the quest for a golden age for workers, few would look beyond free markets in modern times. This position is backed up by economists using the materialistic tools of their trade. Modern statistics, wages, and living standards all point to definite improvements on the part of workers in market economies. However, … Read more
It is astonishing to see how so many people think unbalanced markets can be regulated into order. They think that stopping abuses with straitjacket regulations will solve all problems. In the case of frenzied markets, this usually addresses the effects not the causes of financial instability. Moreover, most regulations, however good-intentioned, are … Read more
Self-service is often presented as the best of all buying options because it allows individuals to get the exact product they want quickly without interference from others. This increasingly means interfacing with some kind of efficient machine. People think that by making purchases “easier,” the buying experience is enriched. However, there is … Read more
Everyone acknowledges that this is not an ordinary election cycle. Almost as confusing as the campaign events are the explanations of those trying to explain why so many bizarre things are happening. Everyone has a take on the political carnival. Everything seems to be a confused mess. However, if one observes closely, … Read more
Perhaps it is best to start by saying there is no ideal presidential candidate now running in the race in either party. None of them has all the qualities that are presently needed, although some candidates may have a few of them. No candidate is proportional to the crisis that is coming. … Read more
It is no secret that middle-class Americans are angry at the government and the general state of things. The so-called anti-establishment candidates appear to be channeling that rage to their camps. It is a raw undefined rage that is based more on frustrations and emotions than on concrete facts or convictions. People … Read more
Everybody is looking for ways to describe the dire state of the world economy. Some have used Crisis with a capital C, a sinking Titanic or a perfect storm. These are all dramatic expressions to describe a very serious situation. However, the latest metaphor being used is even more dramatic. Leading economists … Read more
As the nation heads into the next election cycle, there is much frustration, angst and anxiety directed at a system that does not seem to work. Everyone senses there is something terribly wrong with the country. The worst part of this growing malaise is the feeling that no one seems to know … Read more
As the anniversary of Roe v. Wade approaches on January 22, those who have long fought the important battle against abortion know that it is not only this issue that must be protested. Connected to abortion is a web of other nefarious practices that make up what has been aptly called the … Read more
The issues now being debated in the 2016 elections are framed as if the country revolved around a great big cookie jar. The benefits and promises candidates offer are like cookies that must be substantial, instantly gratifying and abundant. All the problems the nation faces seem to be reduced to who has … Read more