Tag Archives: Creative Destruction

A Great Disturbance in the Force

Yoda felt a great disturbance in The Force. This was a bad thing. Alderaan had been destroyed by the Death Star – the whole planet, gone – but that was in 1977 – in a space-adventure movie. These days, on … Continue reading

Posted in Donald Trump, Uncategorized | Tagged , , , , , , | Leave a comment

Embracing Theoretically Creative Destruction

Don’t argue with dead European economic theorists. They’re dead. What they say may not pertain now, but then one can’t escape them, and the Austrians are the worst, probably because these days all totally-unregulated-free-market conservative thinkers claim to be members … Continue reading

Posted in Austerity Economics, Debt-Limit Debate, Defunding Obamacare, Government Shutdown | Tagged , , , , , , , , , , , | 1 Comment

Hazy-Crazy Days

Back in 1963, when some of us were still in high school, Nat King Cole had a big hit with Those Lazy-Hazy-Crazy Days of Summer – the title song from the album, an album which also included On a Bicycle … Continue reading

Posted in Attack Politics, Bain Capital, Capitalism's Inherent Flaws, Mitt Romney | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Man from the Cult of Success

Of course this one’s going to be an interesting election – you knew that. Obama will be urging fairness and everyone playing by the same rules, and everyone, with no exceptions, pitching in for the common good. And Romney will … Continue reading

Posted in American Sense of Fair Play, Americans and Wealth, Mitt Romney, Mormonism | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Green with Envy

“That fellow’s rich – worth a quarter billion dollars they say. And his father was a multimillionaire too – ran a major auto company. So he must know something. He must know lots of things. Let’s make him president.” Okay, … Continue reading

Posted in Creative Destruction, Mitt Romney | Tagged , , , , , , , , , , , | 2 Comments

Republican Marxists

Sooner or later one of your conservative friends, probably the Glenn Beck or the Ron Paul fan, is going to tell you about the wonders of Creative Destruction – usually in the context of arguing for stopping all stimulus spending … Continue reading

Posted in Creative Destruction, Economic Recovery, Economic Theory | Tagged , , , , , , , , , , , , | Leave a comment