Tag: economics

November 4, 2019

When Capitalism Doesn’t Work

Capitalism is based on an exchange, usually goods or services for “consideration.”  Consideration these days is usually money, but in barter there is a trade of goods and/or services and sometimes the consideration is a favour.
For capitalism to work at its best, the two parties in the exchange should be …Read the Rest

NFL – A Test Market for Socialism
January 31, 2019

NFL – A Test Market for Socialism

The NFL is a closed society.  You have to ante up half a billion dollars or more to join the …Read the Rest

The Undoing Project
December 29, 2016

The Undoing Project

It is hard not to like one of Michael Lewis‘ books.  The Undoing Project is no exception. It is …Read the Rest

Powered by WordPress.
Calotropis theme by itx