What the Hell is an Economy?

Which is what corporations normally do... While many consider the true purpose of corporations is to mistreat customers, pollute the...

If you answered, “that’s easy, the Federal Reserve,” guess again! The following statement is not true: “In the U.S., interest rates are...

And why do they have value? NFT stands for “Non-Fungible Token,” which is, of course, gibberish. Fungible sounds a lot like fungus but...

The data suggests yes. The government does not directly create wealth. No, wealth creation would be the output of productive private...

The times they are a changing… As of Feb 1, 2021, the price of MSFT stock was $232 per share, with a market cap of $1.79 trillion....

Exactly how did GameStop stock increase from $147 to $310 in one day? Like any other financial asset, the price of any publicly traded...

The thirty year party is about to end. U.S. Treasury debt is a financial asset, unique in that it is backed by the full faith and...

The cold, hard truth is that this is the worst economic decision that a society can make. Wealth will be gathered from all by devaluing...

This piece assumes that you have read my two prior blogs pertaining to economics… Understanding the Wealth Flow of Real Estate...

This is what you missed last night Time to take a break from the “dreary science”, i.e., economics. One of my other hobbies is...

Measuring in dollars can be deceitful. The original definition of a meter was 1/10,000,000th the distance from the Earth’s equator to...

Ready to invest in the stock market? Make some extra cash by buying low and selling high? Or perhaps go with the vastly more popular, yet...

Whether it be Skynet or the Umbrella Corp, corporations today are Hollywood’s preferred go-to villain, a distinction previously...

It is much easier to value a Big Mac… You work, and wealth is transferred to you using dollars. You know how many dollars you earn each...

Money, markets and prices all contribute to a more efficient economy, to maximize the creation of wealth. Most financial assets...

It is hard to measure, but we know it when we see it. We know that wealth is transferred using money, but what exactly is wealth, and...

Thanks in part to two stabilizing characteristics. Recall from the prior blog: Money is anything that many within a given society believe...

This is the mantra... If money was wealth, then governments could simply print their way to prosperity. Many have tried, all have failed....

No, they are not borrowing from our grandchildren, they are just moving wealth around today. The issuance of the treasury debt that...

Perhaps not as hard as climbing this mountain, but I did manage to navigate Kindle Direct Publishing and publish my first book.