Tag economics

Fiscal Realism

I keep returning to the sentiments of Reality Check – that we need to realize that on tough issues we will not be able to satisfy everyone and that the decisions we make must be based on what is best…

Libertarianism

Early in my political study I flirted with the ideas of libertarianism. I was highly disenchanted with the Republicans and skeptical of the chances that the Democrats could right their party which, at the time, lacked a specific direction. I…

Economies of Scale

This news is disturbing but hardly surprising – our existing entitlement programs are unsustainable in the long term. The more I think about it the more I realize that this is like a lesson I learned as a child about…

The Law of Abundance

I have thought for a long time about the basic premise of capitalism and economics. Thanks to the discussion on Wealth is Always Distributed I have decided to write down my thoughts on the subject. Economics are based on the…

Think Globally; Act Locally

I think that the idea of “think globally, act locally” (TGAL) points us in the wrong direction. If I base my local actions on what is best for everyone globally it leads to uninformed decisions because I have a very…