Category Archives: Political-Economy and Philosophy

Macro Motives

Since structural incentives are likely determinants, analyses tend to model the structure. However, ideologically, there are various interpretations to abstract objective reality and transact how the risk (the fully assumed loss) plays out. This transactional interpretation forms a macro structure … Continue reading

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Deregulation of the Internet

The FCC moved to deregulate the internet marketplace, eliminating net neutrality by a 3-2 vote. According to the FCC’s, Trump-appointed chairman, the move creates the incentive for innovative investment. Don’t be fooled by the language used to justify eliminating neutrality. … Continue reading

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Creating Productive Incentive

Conservatives argue that hoarding labor, in the form of capital, creates productive incentive. The hoard is created by raising prices and reducing costs. Not having the money you need to buy things makes you work more for less, and capitalists … Continue reading

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The Rising Rate of Resistance

Senator Rand Paul says he will vote “no” on the current tax-reform bill. There is a rising rate of resistance to the abstract value of a debt proportion so big it cannot possibly be paid. The public debt is real, … Continue reading

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Creating the Incentive

Currency is a measure of useful value. People that want to reduce the discussion of currency to merely the incentive to create useful value, however, get upset when money is identified as being more than a means of portable exchange … Continue reading

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Ambiguous Disambiguity

Consider the notion of right-wing populism. Saying that tax cuts for big corporations is good for everybody is a populist expression, and conservative analysts tend to see it that way, but it is still an abstraction of objective reality. There … Continue reading

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Net Worth of American Households Hits Record High

According to the Fed’s Survey of Consumer Finances, household wealth in America is at a new high. In a news release today (https://www.federalreserve.gov/releases/z1/current/default.html), the Fed says the last quarter put households at a record high of $96.9 trillion. Equity accounts … Continue reading

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