Tag Archives: economics

Who Likes Gold Standards ?

James Rickards, in “The Death of Money,” page 234, comments about gold standards for the economy:

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Anymore, We Don’t Value Our Citizens First

Anymore, it seems public figures and politicians are tripping over each other to highlight the need to care for illegal immigrants, or refugees of foreign wars, displaced individuals around the globe, or nearly anybody except “Joe Plumber,” citizen of the … Continue reading

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Russian History is America’s Future

Present day Russia can be seen as the 5th empire to rise from its present geographic location. The second empire (Muskanov 1400-1605) cemented in place modus operandi that continue to this day.  Sadly, in this history, I recognize a lot … Continue reading

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Loss of Private Goods

I recently had a chance to read Economics: A Very Short Introduction, by Partha Dasgupta, published in 2007. Page 52-54 is a passage teaching the definition of private goods, public non-exclusable goods, and externalities, and then applying these terms as … Continue reading

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Spend More Time with the Good

I recently read Taxi Drivers and Beauty Contest by Colin Camerer, published in 1997.  He found that on good days taxi drivers choose to work lesser hours after hitting their preconceived target of “enough income for the day”, and he … Continue reading

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