Tag Archives: economics

A Very Nice Description Of The Government Debt Bomb

A nice short video that presents the real state of affairs in Government Debt and why you can’t fix it with any of the expected “solutions” such as raising tax rates. Continue reading

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Posted in Economics - Trading - and Money | Tagged , , , | 14 Comments

The Extirpation Of Hometown Buffet

What can restaurants and their changes tell us about economics? A lot. They are in a very price sensitive business. Politicians need to realize that. Continue reading

Posted in cooking, Economics - Trading - and Money, Food | Tagged , , | 23 Comments

Jordan Petersen – Marxism and the Pareto Principle

Marxism is ignorant of the Pareto Principle ( 80 / 20 rule) and so tilts at windmills attempting to change what is immutable. Continue reading

Posted in World Economics | Tagged , , | 4 Comments

Monopoly, Monopsony, Oligopoly, Collusion

A brief overview of Monopoly, Monopsony, Oligopoly, and Collusion; with emphasis on what makes them a bad thing. Continue reading

Posted in Economics - Trading - and Money | Tagged , , , , , , , | 206 Comments