economics

Cost of Thriving

          Remember the american dream was to not just get by, but to actually live better and have a bright future.

          The Cost-of-Thriving Index: Reevaluating the Prosperity of the American Family, by Oren Cass, executive director of American Compass is a good read. Okay, "good read" in that it provides a way to objectively quantify why the American Dream is becoming A Nightmare on Elm Street for so many people.

Capitalism is Not the Problem

          I have seen some "let's kill capitalism" sentiment expressed of late. Capitalism is not the problem, nor is any other economic 'ism inherently better. The key to "better" is in the implementation details.

          Economists want to think of themselves as being a part of the "hard sciences" because Reasons. After-all they award a Nobel Prize in Economics, don't they.

Economists have no idea how capitalism works

The experts have been asking these exact same questions for at least five years, maybe longer.
At a certain point any unbiased critique would have to conclude that the experts either don't care what the answer is (in which case they aren't experts at all), or they are completely incompetent (in which case they aren't experts at all).

Four Levels of Politico-Economic Humbug, and the Soundbites to Rebut Them

The politico-economic system of our supposed democracy is, in reality, a defense-in-depth of elite privilege. Layer upon layer of rhetorical cant and mathematical jargon shred any attack upon the fortress of money. Only by challenging the basic premises of conventional economics can we pull out the roots of the pernicious neoliberal dogma that is handing America over to a handful of billionaires and their global megacorporations.

A New Time Bomb Facing US Workers

As part of my trying to bridge a greater understanding about those who proclaim themselves as conservatives, I have begun following a couple of You Tubers recently. I am of the firm belief that most people have far more in common than we have differences. As is often the case, our solutions may vary, but we first must agree on the problems. And I am finding that there is much for us to agree upon as far as the problems we face today.

Bids to build renewable energy in Colorado point to a bright future

Cross-posted from Real Economics.

In Colorado, an electric utility's request for proposals to build new generating capacity resulted in stunning evidence that renewables are now cheaper than fossil fuels--even with storage capacity included for when solar and wind are "down."

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