Economics
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Economics: The Dismal Science
This is a small selection of some of the economists who have shaped the subject. The Dismal Prophecies of Malthus One of the first economists to proffer his theory was T. Malthus. Malthus is chiefly remembered for his essay on population. In this essay, Malthus argued the human race was doomed because the population was increasing at a faster rate than our capacity to grow food. In many ways Malthus was one of the earliest proponents of “The En Read More... -
Beige Book Negates Ground Floor Economics
Often when one reads the Federal Reserve’s Beige Book economic snap shots, outlook and regional predictions one would wonder do they simply dismiss the underground economy of illegal aliens small businesses, cash economy or illegal drug trade? The reason I ask is as I travel around the nation and have been to every city over 10,000 in the country, I see things that no one is addressing, things which do effect life, economics and the flow of cash Read More... -
Freakonomics - A Book By An Ecomomist That Isnt About Economics
Steven D. Levitt is the economist. Stephen J Dubner is the writer. But Freakonomics is more about statistics and what to make of them than it is about economics. The book is a truly interesting read and reminds me of John Allen Paulos' book, Innumeracy. The authors of Freakonomics claim that there is no unifying theme to the book, but I disagree. The unifying theme, just as in Innumeracy, is a theme about how people, in general, misread and mis Read More...
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