Tag Archives: economics

A Very Nice Description Of The Government Debt Bomb

Posted on 3 October 2019 by E.M.Smith

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 →

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

The Extirpation Of Hometown Buffet

Posted on 19 October 2018 by E.M.Smith

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

Posted on 13 October 2018 by E.M.Smith

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

Posted on 18 December 2017 by E.M.Smith

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