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 [...]
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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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 [...]
There are many reasons why inequality exists in an economy. Before I give my laundry list, I will discuss some general macroeconomic reasons. One, we are NOT created equal! We have many different talents, abilities, appearances along with unique emotional and physical makeups. Second, the institution of capitalism-competitive markets by its sheer nature of operation [...]