Last week I posted my responses to three questions asked by the editor of a business magazine put out by the American Chamber of Commerce in Georgia (the country). Here is my response to her final question.
(4) Is there such a thing as the mentality of the middle class? There is the idea that the [...]
Continue reading about What Is the Mental Class Mentality? – Final Question from Investor.ge
A teachable moment recently occurred on The Middle Class Forum. I received a comment faulting how I related entitlements to stockholders. I approved and replied to that comment, but I’m going to cut and paste that reply here for three reasons: 1) my original reply was “off the cuff” and there was sloppiness in my [...]
There is a simple one-size-fits-all solution to restoring economic balance, a solution that no one would disagree with in principle, a solution that will never be implemented: good economic indicators. We are bombarded with stock market indicators incessantly. Consequently, that is where our focus lies for “restoring balance.” When the stock market does well it’s [...]
Continue reading about Restoring Economic Balance – Good Economic Indicators
Due in large part to economics being more of a scholastic field with its schools of thought, rather than an empirical field as its apologists would insist, there is not much experimentation going on to enhance the corporate business model. So one important ingredient for restoring economic balance would be greater tinkering with the requirements [...]
Continue reading about Restoring Economic Balance – Corporate Tinkering
As a media person Mark Levin has the resources of corporate media to reinforce misinformation (principle #8). His opinions become part of an entertainment package that gets echoed until one wonders who could possibly think differently. As a media person he is trusted by certain segments of the population (principle #9), a trust that would [...]
Continue reading about Liberty and Tyranny – Misinformation Wrap-up Part Three
I would like to close this segment for Mark Levin’s chapter “On Federalism” by first complimenting the U. S. Chamber of Commerce. They have received criticism from me in the past, and are about to receive some more with this entry. Yet they are objecting to the ridiculous legislation presented on behalf of banking by [...]
Continue reading about Liberty and Tyranny – Federalism Litmus Test
Last week I began with a deconstruction of Mark Levin’s Liberty and Tyranny, going over the three basic types of information (dogma, omission, distortion) found in the first chapter. To recap, Levin takes a dogmatic approach to knowledge and politics, which historically retards progress and prevents learning from experience. A center point of Chapter One [...]
Continue reading about Liberty and Tyranny – Initial Misinformation Purpose
“Think Tank Explosion” is a white paper produced by the Government Research Service, reporting on their Think Tank Directory. The paper starts off by stating that think tanks have had a major impact on public policy. This statement is, in a sense, beside the point. The mission of a think tank is to influence policy; [...]
I’ve asked the following, somewhat rambling question over on the forums page.
A person who is not an economist, like myself, gets so easily confused by the things certain types of economists say these days. For example, many an economist from many a “free market libertarian” think tanks are claiming our government has been moving towards [...]
(Started on 6/27. Update added below on 6/28)
As I was writing Systems out of Balance I tried to keep abreast of the misinformation being used to persuade us to continue with laissez faire policies. The enhancement of liberty and wealth were the most dominant types of misinformation when I started. Laissez faire economists twisted the [...]
