Is the World Economy Trapped in a “Death Spiral”?

Is the World Economy Trapped in a “Death Spiral”?

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

Declining Fertility Rates and Robot Babies

Declining Fertility Rates and Robot Babies 2

With the world population growth slowing, some countries are staring at the grim prospects of the unbalanced demographics in the workforce and the dire economic consequences this will cause. As a result, some curious efforts to bolster diminishing birth rates have surfaced, not least of which is the invention and promotion of … Read more

Do Higher Taxes Really Produce Higher Revenue

Do Higher Taxes Really Produce Higher Revenue 3

With all the discussions about tax rates and the prodigious amount of municipal deficits, our politicians and media tell us that we must increase tax rates to survive. One is left with the hollow feeling that there are no options and we must raise taxes regardless of the effects to stave off … Read more

Children: The Ultimate Stimulus Package

Children: The Ultimate Stimulus Package 2

According to the reasoning, if it can be called that, of the likes of Margaret Sanger and company, we would all be better off if we reduced the world’s population. “The most merciful thing that the large family does to one of its infant members is to kill it,” the famous feminist … Read more