Signs You are Not an Economist

A good economist is not like a weatherman. A good economist makes good predictions. One sign you are more like a weatherman than an economist is when you blame the weather for the bad economic situation, like this typical mainstream economist. Mainstream economists lean left, just like the mainstream media does. Their numbers favor the … Read more Signs You are Not an Economist

Christian Anarchism: You’re Doing it Wrong

This article discusses why the moral argument for Christian Anarchism, which is the classic argument for it, fails, and gives a better argument in support of Christian Anarchism. Please, someone fix Wikipedia. All these years and it’s still not user-friendly. The Wikipedia article on Christian Anarchism begins with the following: Christian anarchism is a movement … Read more Christian Anarchism: You’re Doing it Wrong

Which Market?

This article plugs a couple scholars, comments on intra-firm geographical dispersion and notes multiple definitions of market. Keep an eye out for the fourthcoming paper from J. Bradford Jensen and A. Gervais on intra-firm geographical dispersion and its relationship to foreign direct investment. Note that FDI refers to economic investment by a firm in a non-native country, not … Read more Which Market?

Commoditized Votes and Vote Contracts

This article covers a proposed policy initiative which would more fully merge a state’s political and economic systems, bringing increased efficiency to the state’s overall political economy, as well as increasing transparency and the well being of citizens. Steps: Federally guarantee enforcement and support of optionally made decisions by the States in favor of optional Vote Transparency … Read more Commoditized Votes and Vote Contracts

Occam’s Informal Razor

This article will address the use of Occam’s Razor in the non-technical way it is often employed, as opposed to its formal use in logic. I have dealt strongly and formally with technical use of Occam’s Razor long ago, but in this article I would like to address the informal formulation of Occam’s Razor. The informal … Read more Occam’s Informal Razor

Chaotic Foundations: Chaos in Markets

This article discusses why markets are stable, but notes that there is still significant and important chaos in markets. A chaotic system is, formally, a dynamical system which is highly sensitive to its initial conditions. A dynamical system is a stupid term which means what the term dynamic system means etymologically, but scientists wanted to … Read more Chaotic Foundations: Chaos in Markets