The Broken Window Fallacy and “Blessings” of Destruction in the Real World
Destruction may boost income in the short run, but reduce a society’s net amount of wealth.
Tag: Economic Crisis
New IMF Report on Greece Says Projections Are Unrealistically Optimistic
They went ahead with it, anyway.
New IMF Report on Greece Says Projections Are Unrealistically Optimistic
They went ahead with it, anyway.
Draining the U.S. Treasury: Cost of War in Afghanistan Hits $4 MILLION PER HOUR
Total price tag since 2001 more than seven-hundred billion.
Draining the U.S. Treasury: Cost of War in Afghanistan Hits $4 MILLION PER HOUR
Total price tag since 2001 more than seven-hundred billion.
Small Business Optimism Crashes To 15 Month Lows
CFOs are “quite concerned about growth cycles over the next six months to a year”
Small Business Optimism Crashes To 15 Month Lows
CFOs are “quite concerned about growth cycles over the next six months to a year”
Greece Pledges to Get Rid of Tax Evasion as a Way of Life
Tax dodging is a Greek national pastime.
Greece Pledges to Get Rid of Tax Evasion as a Way of Life
Tax dodging is a Greek national pastime.
The Problem of Greece Is Not Only a Tragedy. It Is a Lie
For a small country such as Greece, the euro is a colonial currency.
Even The Players Are Losing Faith In Their Own Shenanigans
The utter fakery of international banking.
It’s Not Just Debt: Government Spending and Easy Money Fuel the Greek Crisis
“Easy money” weakens the wealth-generation process.
Jeb Bush: “People Need to Work Longer Hours.” Media Soften It.
Reuters & CNBC, Etc.: “Bush says Americans should have chance to work longer hours in improved economy.” Jeb Bush, on July 8th: “My aspiration for the country, and I believe we can achieve it, is 4 percent growth as far as the eye can see. Which means we have to be a lot more productive, workforce participation has […]
Jeb Bush: “People Need to Work Longer Hours.” Media Soften It.
Reuters & CNBC, Etc.: “Bush says Americans should have chance to work longer hours in improved economy.” Jeb Bush, on July 8th: “My aspiration for the country, and I believe we can achieve it, is 4 percent growth as far as the eye can see. Which means we have to be a lot more productive, workforce participation has […]
Jeb Bush: “People Need to Work Longer Hours.” Media Soften It.
Reuters & CNBC, Etc.: “Bush says Americans should have chance to work longer hours in improved economy.” Jeb Bush, on July 8th: “My aspiration for the country, and I believe we can achieve it, is 4 percent growth as far as the eye can see. Which means we have to be a lot more productive, workforce participation has […]