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53 days ago by Jason Welker

The Fed should focus on deflation | The greater of two evils | The Economist Deflation: a decrease in the general price level of goods and services of an economy. Sounds great, right? Lower prices mean the purchasing power of our income increases, making the “average” person richer! On the surface, ...

Welker's Wikinomics Blog - welkerswikinomics.com/blog · 26 references

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53 days ago by syedshoaib

I remember once I asked one of my teachers, madam Apala Panda, regarding the use of pervasive models we study in economics most of which are based on imaginary world axioms and extended (beyond reasoning) assumptions of rationality of economic agents. It was then the beginning of my third year in ec ...

syed shoaib - syedshoaib.wordpress.com

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68 days ago by Dr. J. P. Hubert

Do Economists Understand the Causes and Consequences of the Crisis? By Prof. John Kozy Global Research, April 23, 2009 Classical/neoclassical economics has consistently protected the wealth of the privileged; it has preserved the status quo. This is capitalism's intent, and the evidence for it is ov ...

Moral Philosophy and ... - moralphilosophyofcurrentevents.blogspot.com · 7 references

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87 days ago by Jake4Constitution

Many followers of the Austrian school have made a critical error in forecasting the future. For, although Austrian Monetary X-flation plays a part, Austrian Credetary X-flation must be understood as well. by Jake, the Champion of the Constitution Originally published Tuesday, April 7, 2009 at http:/ ...

Liberty Maven» Liberty ... - libertymaven.com · Rank: 8,805 · 96 references

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97 days ago by Robert

loveleenchawla asked: Abstract: For the last two hundred years, neo-classical economics has recognised only two factors of production: labour and capital. This is now changing. Information and knowledge are replacing capital and energy as the primary wealth-creating assets, just as the latter two re ...

Encyclopaedia - encyclopaediaa2z.com

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102 days ago by New Age Ideas

The Generosity of Murray Rothbard Mises Daily by Llewellyn H. Rockwell, Jr. It is a magnificent thing that Murray Rothbard's most overlooked masterpiece, his Austrian Perspective on the History of Economic Thought , has now been made available free online in two volumes, with complete navigation too ...

New Age Ideas Blog - newageideasblog.com

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102 days ago by admin

I'm interested only in classical theory economics. I know that in this theory, the increase of money produces only inflation. What about the increase of tax rates? Does it increase prices or it just decrease investments?

Day Trading Info - daytradinginfo.net · 2 references

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123 days ago by Jason Welker

Why Are Large Companies Losing More Jobs Than Small Ones? - TIME This is a fascinating, short article from TIME. Before reading it, see if you can answer the multiple choice question below: Q: Why do small companies lay off proportionately fewer workers during a recession than large companies? A) Be ...

Welker's Wikinomics Blog - welkerswikinomics.com/blog · 26 references

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140 days ago by cody

One of the best intellectual principles that emerged from the Enlightenment, because of the great works of men like Rousseau, Locke, and the countless others, was the idea that power should be spread around. Europe was long mired in a philosophical framework which held that a monarchical style gover ...

Love Me Some Liberty - lovemesomeliberty.com

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143 days ago by Jason Welker

Does the Economy Self-Correct? - Welker’s Wikinomics Page The debate in Washington over Obama’s fiscal stimulus package, which has now been re-written by both the House and the Senate, is ultimately one of the validity of orthodox economic theories. By voting for a nearly $1 trillion government spen ...

Welker's Wikinomics Blog - welkerswikinomics.com/blog · 26 references