Classical Economic Theory, Monetarists, Keynesians and Politicians
Why We Are Where We Are Today (Q4 2022) Classical economic theory was an offspring of the industrial revolution as the world moved from monarchies…
RECESSION, DEFINITION, REDEFINITION AND THE REALITY OF WHERE WE ARE AND WHAT TO EXPECT
RECESSION IS REAL FOR WAGE EARNERS The definition and redefinition of recession during the recent inflation induced storm beating on the American economy should remind…
THE INFLATION REDUCTION ACT – BIG TAX AND SPEND LEGISLATION
Two acts passed by the Democrat controlled Congress, the “Chips Act” (late July 2022) and the “Inflation Reduction Act”, (early August 2022) are of concern…
HARDCORE KEYNESIAN WIZARDRY
Hard core Keynesians may be vocally supportive of free market principles, but their blind adherence to analytical biases that artificially embellish the effectiveness of severely…
WHERE IS THE LOGIC? WHERE IS THE SCIENCE? – WHERE IS THE ECONOMICS?
HARD CORE KEYNESIANS DOWNPLAY BASIC ECONOMIC THEORY Introduction – Where Is The Logic? We know what the major problem is relating to the domestic and…
Biden’s Inflation and Spending Spree Hurts Low Income Folks the Most Bottom Out and Middle Down Revisited – More Socialist Economic Stupidity
n an earlier paper that exposed the absurd economic nonsense of the Biden Administration’s “Bottom up Middle Out” deception, the negative impact of virtually all…
More Economic Nonsense That Sounds Good
Bottom Up and Middle Out – A Socialist Deception: “Middle Down and Bottom Out” – A National Reality Don’t you just love the ability of…
The Rise of Fascism – Possibly In America? – Not Likely In China?
Who Will Kill the Golden Goose – The Entrepreneur - First? In an earlier paper, “Welcome to Fascist America,” posted in georgeeconomics.com in July 2021,…
Welcome to Fascist America
Fascist America is alive and thriving. It has been recognized that the percentage of the very wealthy that represent themselves as Democrats has been increasing…
Would The Founding Fathers Have Considered Themselves Liberals or Progressives?
The short answer based on the classical definitions of liberal and progressive is yes. The long answer based on the modern versions of the two…