Category Archives: Economics, Commerce, and Business

hidden assumptions underlying economic projections

Aguilar-Millan’s article states that China’s recent economic performance has relied upon an abundant source of cheap resources – labour, energy, and raw materials. Similar statements have been made in regard to the US. On what other hidden assumptions have economic … Continue reading

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the economy after next

Characterize the “economy after next,” considering (1) feedback loops (whether perturbations self-amplify or self-correct), (2) interdependencies, (3) the utility functions of tomorrow (near-term or long-term focused), (4) investment time horizons, (5) saving vs. consumption, and the consumer economy and role … Continue reading

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“isms”

The “capitalism-vs.-socialism” debate has dominated much politics and geopolitics during the 20th century, in some cases assuming the characteristics of competing “religions.”  What does this debate assume, and what social changes and other developments might someday render it irrelevant?

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The proverbial rising tide — does it lift all boats?

Economists and government leaders have differing views on whether the proverbial “rising tide” (improvements in the economy) “lifts all boats” (benefits all or nearly all people).  Is either viewpoint universally and categorically true?  If not, under what circumstances is the … Continue reading

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