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
Restoring economic balance will require greater experimentation, as reported in the previous entry for this series, and better information. Most people equate misinformation as being distortions of information. Others maintain that as long as the information is out there somewhere in some format then “Buyer Beware.” Yet hidden or obscured information is essentially misinformation, afflicting [...]
Continue reading about Restoring Economic Balance – Simplified Fiscal Policy
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
In the book Systems out of Balance my focus was illuminating how social systems work in ways we should not want. This alone was a movement towards restoring balance, since the first step in addressing a problem is recognizing you have one. The book includes a final essay titled “Restoring Balance” that provides some follow-up [...]
I have formed a band called The Bards of Balance. In the past two weeks we released our album, Restoring Balance, for digital download. I know it’s available at CD Baby already and should be available at all audio distribution venues such as iTunes soon.
We also did our first college gig at the Torrington Branch [...]
Property is neither a natural right, as John Locke claimed, nor a fence to liberty, as claimed by James Madison. The natural right claim is easily dismissed. If you live in Connecticut you do not own property in California unless there is some type of government to back up your claim. “Squatter’s rights” or “use [...]
Continue reading about Liberty and Tyranny – Private Property
Cindy and I are back from our anniversary “vacation,” which involved me doing book signings at the Big E. Last week I did some prep work for deconstructing the misinformation in Levin’s Liberty and Tyranny by providing an overview of misinformation principles and declaring what “ideology” guides my analysis. The remaining prep work is to [...]
Continue reading about Liberty and Tyranny – A Free Market Model
I received an anonymous comment the other day that casts some doubt as to whether a true meritocracy would benefit the middle class because of the vitality function (curve). In essence I have addressed this already on The Middle Class Forum in a post that brought up the Pareto Principle. The Pareto Principle theorizes that [...]
This is part of a series on the implications of what societies choose to equate with wealth.
There is one possible standard for wealth that is frightening to corporations. This comes as no surprise. Being the main ambassadors and beneficiaries from trade, business corporations would not want us even thinking about self-sufficiency. There are two arguments [...]
