The Radford Free Press – Page 79 – All life is problem solving.

Economics / capitalism, democracy, economic theory, plutocracy /

Reflections

April 7, 2017

It is easy to be partisan. It is easy to believe in sweeping utopian solutions. It is easy to delude yourself that what you think is what everyone thinks, or, perhaps, what they ought to think. This is why I recoil from anyone offering definitive answers to complex questions. The truth is never so easily teased […]

Economics, Politics / government spending, health care, infrastructure, Republicans, Trump /

Infrastructure? Not So Much

April 6, 2017

In the aftermath of the health care debacle Trump has been busying himself, so we are told, with other big projects. Tax reform is one. A huge infrastructure effort is another. Well, count me as skeptical. There are reasons to question whether either is going to see the light of day any time soon. One […]

Economics / capitalism, central planning, democracy, economic theory, plutocracy, Ronald Coase, shareholder value, theory of the firm /

Firms: Who Knew?

April 4, 2017

One of the controversies buried by contemporary economists in their great cause of advocating market freedoms, is that of the role of central panning. There was a time when economics accomodated controversy. Nowadays it’s arguments are securely contained within the narrow bounds of saltwater versus freshwater type spats that are little more than professional name calling […]