homo economicus and the myth of the rational consumer

The End Of Economics

November 30, 2017 Spencer P Morrison 3

Classical Economics & Free Trade Depend on 3 Invalid Presumptions—Now What? The era of economic surrender is over, and the rebirth of American industry has begun. ~President Donald J Trump (2017) President Trump says he’ll . . .

in praise of monopolies

In Praise of Monopolies

November 29, 2017 Spencer P Morrison 0

Monopoly Has Become a Bad Word—This Needs to Change Economists love words.  They have a word for just about everything, and if they don’t then they’ll make one up.  Economics is rife with jargon. But . . .

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