Tag Archives: economics
The Truth about Trump trade Tariffs
President Trump has stated his belief that having a strong steel industry is a National Security issue. His argument is based upon the idea of having a secure manufacturing industry and the necessary raw materials in the event of a … Continue reading
The Second Law of Natural Economics
When you understand that the only source of economic activity and economic growth is the act of people using their personal labor resource, you can make the intellectual leap to the next logical result. Every economic action relies upon a … Continue reading
The First Law of Natural Economics
Natural Laws of Economics Traditionally, economists like to talk about the economy in terms of money and statistics. Actually, money contributes to their overall tendency to do this because it’s the way we tend to think about our interactions … Continue reading
Who or What is the Economy?
Our temptation when asking this kind of a question is to jump right into the fray with everyone else. We always start with a feeling that everyone else knows more about it than we do and we are playing “CATCH-UP”. … Continue reading
"Me? An Economic Expert"