Tag Archives: Economic Theory

Playing Monopoly

No one likes Mondays. Kids have to go back to school, teachers have to go back to school – they find that just as depressing – and everyone else has to go back to work. Those of us who are … Continue reading

Posted in American Monopolies, Uncategorized | Tagged , , , , , , , , | Leave a comment

Structural Impediments

Live and learn. Teaching was fine, but the pay was awful and teaching wasn’t the half of it. There was careful preparation and planning, which for English teachers involves far more than daily lesson plans. Novels and poems and plays … Continue reading

Posted in Economic Theory, Income Inequality | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

Relative Relevancy

When there’s nothing to add to the conversation, because everything’s so damned obvious, it’s probably best to just point and shrug. Yes, the mayor they have up there in Toronto is a thug and a drug-addled bully and a fool … Continue reading

Posted in Economic Theory, Income Inequality | Tagged , , , , , , , , , , , , , , , | 2 Comments

Mutually Assured Misunderstanding

Economics is called the dismal science for obvious reasons – it’s complicated and often dull and dry, except when one big-gun economist is telling another big-gun economist he’s full of crap and the other fires back with the same – … Continue reading

Posted in Austerity Economics, Economic Theory, Paul Ryan | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

The Broken Bits of Some Incomplete and Shattered and Often Discredited Philosophy

Everyone would probably agree that The Globalization Paradox: Democracy and the Future of the World Economy is not exactly light reading. A copy of that book on your coffee table would not impress your date – nor would Sartre’s Being … Continue reading

Posted in American Exceptionalism, Austerity Economics, Economic Theory | Tagged , , , , , , , , , , , , , , , | Leave a comment

Let’s Not Do That Again

Those of us who have worked in systems felt a twinge of sympathy for the folks at Research in Motion last week. Everyone’s Blackberry stopped working, and that device had become critical to modern business. But system failures happen. And … Continue reading

Posted in Economic Theory, Free-Market Capitalism, Milton Friedman, Occupy Wall Street | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Arguing Against the Idea of Doing Things

There is such a thing as medical humor. You feel awful and the doctor asks that question. Have you had this before? And you know the answer if you say yes. Well, you have it again. That might be followed … Continue reading

Posted in Economic Recovery, Economic Theory, Republicans' False Populism, Unemployment | Tagged , , , , , , , , , , , | Leave a comment