Category Archives: Economics

The Crisis of Our Age – Part III: Sustainable Degrowth

By the middle of the 20th Century the world had endured two world wars and a global economic depression unprecedented since the beginning of the Industrial Revolution.  With the defeat of various forms of Fascism in World War II, Soviet and Chinese forms of Communism vied with Democratic Market Capitalism to dominate the social and […]

Economic Concepts You Should Know: Rent Seeking Behavior

It is common for politicians and media writers to speak of a dichotomy between free markets and government regulation.  Proponents of free markets argue that they create economic opportunities and generate efficiency in the overall economy.  Those favoring government regulation believe it creates economic fairness, worker rights, or environmental protection.  The reality is that the […]