Tag Archives: globalization

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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Fairness and Equality and the Common Good

What is fair and equal? There are the four choices.  We need to pick one of these.

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Gift Giving Economies vs. Capitalism

We’ve changed in the last 20 years.  When Saddam Hussein invaded Kuwait, it was because he saw his richer brother nation and wanted to take what they had and use it for himself.  The world responded with horror and we … Continue reading

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Bucket Polls – Betting Against America

Obama leads all the foreign opinion poles of who should be President, by rather large margins. IMHO, this is pretty much prima facia evidence that Obama’s policies are best for everybody else except America. Let me explain.

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You Didn’t Build That

It took less than 24 hours for the Internet to come alive after Obama’s recent comment praising government and putting down accomplishments of entrepreneurs. Do a Google search using the title of this post if you don’t know what I’m … Continue reading

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