Capitalism
What is economics? It’s such a simple yet complicated and multi-faceted question. In order to know what economics is, you must know what an economy is. Thomas Sowell in his book Basic Economics explains, “Perhaps most of us think of an economy as a system for the production and distribution of the goods and services [...]
In June and July “economists” and the Fed told everyone to watch out because of a “deflation risk.” Then suddenly, before you could say “Ben Bernanke” everyone is worried about the Fed and their warning of coming inflation. “[I]nflation surely remains a more serious danger than deflation.” Said George Melloan with the Wall Street Journal. [...]
The new iPhone 4 came out with hype. The latest Motorola Droid X came out with serious competition. iPhone developments seem rather stagnant when compared to competitors. Besides the fact that you can’t use your iPhone 4 if you hold it normally (see: creative solutions), AT&T is notorious for dropped calls and poor iPhone management [...]
Politics. What a nasty word these days. I’m sure we’ve all heard about the oil spill in the Gulf of Mexico from one of BP’s rigs. You’d almost have to live in a cave not to hear the media ranting and raving. But the media only tells one-third of the story. Before we delve further [...]
