My friend shared the following meme on facebook (except I added “Get the full story at…”): Consider the following response I gave: Chris, do you agree that if they were forced to share profits then they might not have gone into business to begin with? It could be that forced sharing of profits with the … Read more Greedy Capitalist Pigs
This article discusses basics of developing structural models as well as research and getting published in journals. There are a number of cheap, dirty secrets that many in academia are reserved to admit, if they will admit at all. Some are related to research, structural models and publishing. Research is a process which is normally … Read more Research, Structural Models and Publishing
This article will argue that much of the Austrian school of economics is not valid, although it may be resuscitated if certain key steps are quickly taken. The fact that it is not falsifiable makes it not scientific, but not necessarily invalid or useless. Philosophy and logic can be used with great power, sometimes with … Read more The Death of Old Austrianism
In this article I will look at caeconomics as a series of theories and prescribe two key tests by which we might validate or invalidate those theories. Caeconomics can be thought of as a unique field of study. However, it can also be thought of as a series of theories within other fields of study. I … Read more Two Key Tests for Caeconomics as a Theory
Yes, an anarchic nation can exist. This article will cover that question which is often asked by skeptics of anarchism and will also cover some exciting news about one such up-and-coming community according to Edan Yago, an odd name belonging to a phenomenal gentleman. The fist line of evidence that an anarchic state can exist … Read more Can an Anarchic Nation Exist?
Caeconomics (cake-o-nomics) is the study of optimal decision making from the viewpoint of economic analysis under the presumption that Christianity is true while recognizing that interpretation of Christianity is inevitably done on a personal basis. The word is formed from Christian Anarchism Economics. The reasons for this nomenclature are elaborate and will be one of … Read more What is Caeconomics?
Computer World and Ars Technica both recently ran stories based on a recent Mt Gox official statement. The statement was regarding a series of DDoS attacks which Mt Gox has been undergoing as of late. The statement significantly acknowledged that Mt Gox had been planning to support litecoin trade and such plans had been postponed … Read more The Coming Litecoin Explosion
Social Capital is an integral part of economics, but is poorly understood. It holds that social relationships have productive and economic value – something we have all known since childhood when our parents fed, clothed and taught us. However, calculating that value is exceptionally difficult. I will outline some of the current scoring systems and … Read more Social Capital and Current Scoring Methods