As correctly surmised over a century ago, the failure of economics to become an evolutionary science is the product of the optimizing framework of the underlying paradigm, which is inherently antithetical to the process of evolutionary change. This i...
The fallacy that dynamic processes must be modeled as if the system is in continuous equilibrium is probably the most important reason for the intellectual failure of neoclassical economics. Mathematics, science and engineering developed tools long a...
The river and the garden have been the foundations of my economy here. Of the two I have liked the river best. It is wonderful to have the duty of being on the river the first and last thing every day. I have loved it even in the rain. Sometimes I ha...
It appears - because it has been the case for twenty years - that every problem is solvable...that no matter how badly the world economy slumps there is a pain-free way out of it. Once the realization dawns that there is not, and that the pain will b...
In a basic agricultural society, it's easy enough to swap five chickens for a new dress or to pay a schoolteacher with a goat and three sacks of rice. Barter works less well in a more advanced economy. The logistical challenges of using chickens to b...
Psychological man may be going nowhere, but he aims to achieve a certain speed and certainty in going. Like his predecessor, the man of the market economy, he understands morality as that which is conducive to increased activity. The important thing ...
Why are drugs so profitable? Essentially, many argue, it’s because they are illegal. By making drugs a criminal enterprise, it creates an enormous black market economy where drugs fetch far greater prices than they would if legal.
As Charles Darwin said,'The economy shown by Nature in her resources is striking,'' says the Spirit. 'All wealth comes from Nature. Without it, there wouldn't be any economics. The primary wealth is food, not money. Therefore anything that concerns t...
Facing a deteriorating economy and a weakening hold over the populace, the Iraqi state under Saddam Hussein opted to revitalize tribal leaders and conservative practices as a means of stabilizing state power; those conservative practices were not an ...
Barack Obama knows that to create an economy built to last, we need to focus on middle-class families. Families who stay up on Sunday nights pacing the floor, like my dad did, while their children, tucked in bed, dream big dreams. Families who aren't...
Everyone is so locked into the current way of doing things, they never see the larger picture or other, more responsible and efficient possibilities. A REAL economy is always wanting to limit consumption/manufacturing as much as possible by assuring ...
Water runs down hill concisely. There is no quibbling about it. It does not have to run up hill in order to be entertaining. Man has always followed its course with fascination. The soul of man may reveal its mysteries through direct expression, simp...
A lot of Americans desperately want to believe that China is full of poor people who can't innovate, and the only goods they make are cheap, toxic rip-offs our Western brands. They want to believe the only reason the Chinese economy is surging is bec...
We must make our choice between economy and liberty or confusion and servitude...If we run into such debts, we must be taxed in our meat and drink, in our necessities and comforts, in our labor and in our amusements...if we can prevent the governm...
The more important point is that Reality is much more 'nuanced' that we may imagine. Operationally co-existent economies make for a much better fit into what we now know about our material universe per quantum physics, et al. This is after all His cr...
Wal-mart has done such a superb job of austerity, from start to finish, that austerity is all that's left.
I am excited about focusing full-time on talking about my job-creation agenda and building a new economy for Washington state. We have a great chance to seize our own destiny, build our own industries, and create our own technological revolutions rig...
Throughout this primary process the voters have vetted each candidate and after a spirited contest they have made clear who they believe is right person to lead our ticket and that is Governor Mitt Romney. I believe they have come to this conclusion ...
Everybody looks at oil and almost entirely forget that the percentage of jobs the oil sector creates is relatively small compared to the population; the introduction of more sophisticated exploration methods makes it even worse. Oil companies now loo...
We can go back to economic plans that are only designed to benefit the wealthiest among us, like Mitt Romney. Or we can keep moving forward with President Obama's vision for a growing economy that works for middle-class families in North Carolina and...
This country pays a price whenever our economy fails to deliver rising living standards to our citizens - which is exactly what has been the case for years now. We pay a price when our political system cannot come together and agree on the difficult ...
