The large budget deficits by governments at all levels and increasing income gaps between the rich and the rest are the result of poor fiscal management and regulation by governments. We hear increased emotional rhetoric as 1) people paying taxes … Continue reading →
The inability of the United States and state governments to produce responsible budgets is part of a widespread problem in which the number of people receiving some type of government checks outnumber the people who don’t. In 2007 the Christian … Continue reading →
I wonder whether the United States will act like a big bubble with its elites clinging to power and collapse like the Roman Empire, or eventually rise to the challenge and transform itself, decentralizing and seeking constructive social solutions like … Continue reading →
In recent days it has been popular to attack General Electric Corporation for not paying any corporate taxes on the $14.2 billion in profits it made last year, $5.1 billion of which was made in the U.S. When the country … Continue reading →
Some large corporations are now using patents to gain monopoly control of products that have been used by traditional societies for hundreds of years. These patent abuses are particularly alarming in the areas of medicine and food, the things necessary … Continue reading →
As we watch the out-of-control debt rise in the United States, it is worth thinking about whether it is wise, or even moral, for a government to borrow money. I will argue that, in most cases, it is immoral. Borrowing … Continue reading →
Cybernetics is a simple way to analyze systems of any type, and can be used to graphically display government tinkering with normally stable social systems. The black box is the simplest way to describe inputs, outputs and feedback without having … Continue reading →
There is a long history of economic bubbles in the United States going back to the Mississippi bubble in the 18th century. Bubbles are caused by speculation in which people grow wealthy by some scheme in which later comers to … Continue reading →
While we watch revolutions for political democracy in Tunisia, Egypt, Iran, we are distracted from thinking about the revolution aimed at economic democracy growing in the United States. This revolution, symbolized by the Tea Party, is leading a growing demand … Continue reading →
In his 2011 State of the Union address, President Barack Obama spoke about his desire to see the U.S. government create incentives to help revive the ailing economy. For the most part he presented a general vision of a prosperous … Continue reading →
