Have you ever noticed that the economic academics and pundits on television and in print are very confusing, opaque and paradoxical? They use terms like growth, growth rate and GDP to describe the status of an economy that are nebulous and have defused meanings. I call this “Econo Speak”. They also never use the word [...]
The Mission, Premise and Promise of CPE
CPE will promote the correct macroeconomic understanding, mainly through economic validation, that joins business with government, educators, environmentalists, civic and philanthropic leaders to create a quality global economy and community.
We cannot have a politically democratic society
without economic democracy!
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Baxter is a new robot that has two major differences than other robots. It is very inexpensive and can work with humans without hurting them. Its total cost is $22,000, lasts for 3 years which comes to a total cost of less than $4 an hour. It does not need vacations, breaks, nor takes the [...]
Austerity-Fiscal Cliff-An Explanation Money is the life blood of an economy. When the supply of money in circulation is extremely low, you will see recessions and depressions. When the supply of money is too large, you see excess inflation and asset bubbles. When money flows we grow. When money stops, we [...]