Comparative Government Efficiency

This article discusses the fact that government is usually less efficient that the free market and estimates the inefficiency factor. We then correct a classic view of measuring cost to society of government intrusion into a free market by introducing the government inefficiency factor to a standard measurement model. Government inefficiency is a hot topic on … Read more Comparative Government Efficiency

Economic Efficiency Found in New Models of Education

This article by Discovery News notes that a Masters Degree can be obtained from Georgia Tech in cooperation with an online educational organization called Udacity for a mere cost of $7,000. The cost is about $40,000 at Georgia Tech’s physical campus according to the article. In other news Ron Paul recently released a home-school curriculum. … Read more Economic Efficiency Found in New Models of Education

“Economic Experts” Still Have No Clue About Bitcoin

This article covers a poll of mainstream “economic experts,” about half Keynesian and half Chicago school or monetarist. No notable Austrians were surveyed. The poll was a statement and the respondents agreed or disagreed. The statement was, “A bitcoin’s value derives solely from the belief that others will want to use it for trade, which … Read more “Economic Experts” Still Have No Clue About Bitcoin

My Top 7 Decision Making Tools

The other night when I had dinner with J Warner Wallace I was advised to listen to Greg Koukl’s Audio Edition of Decision Making and the Will of God. I haven’t read the book and I will post my findings here when I do, but I thought it would be useful to discuss how I … Read more My Top 7 Decision Making Tools

5 Ways to Save Money Through Logistical Cost Reduction

This article will be about 5 ways to save money. Is the lease on your apartment up soon? Are you considering buying a vehicle? These and other topics will be dealt with here because good decisions in these areas will all help to reduce something called your logistical expenditure, which is a fancy way of … Read more 5 Ways to Save Money Through Logistical Cost Reduction