Tag Archives: dominance and subservience

Understanding Monetary Policy

Because economists as a rule believe in the imaginary incentive to serve, they work on the basis that Federal Reserve Open Market Committee members are selflessly doing all they can to do what is right for the economy.  Because the … Continue reading

Posted in Daily Comments | Tagged , , , , | Comments Off on Understanding Monetary Policy

Watch the Animals

What is it with all the confusion? You might ask. Americans in great numbers are saying, we don’t want democracy! Give us a totalitarian state! Laws are only guide lines and not meant to be universally enforced. There is an … Continue reading

Posted in Daily Comments | Tagged , , , , , , | Comments Off on Watch the Animals

The Aggression of Political Correctness

I have been explaining how human behavior is guided by the principles of dominance and subservience. Issues of dominance and subservience are settled in every human encounter. Normally the issue is resolved by mutual agreement and in very subtle ways. … Continue reading

Posted in Daily Comments | Tagged , | Comments Off on The Aggression of Political Correctness

The Inconvenient Facts

The smartest thing an economist can learn is that economic models have no predictive value. Government interventions have an impact but the impact is in no way related to any intended outcome. Economists can keep records just as accountants do. … Continue reading

Posted in Daily Comments | Tagged , , | Comments Off on The Inconvenient Facts

Democratic Party Debates

To understand where these candidates are coming from, we must look at the mentality of those who will be voting in the Democratic primaries. Voter intellect is not what causes a constituent to vote one way or another. The image … Continue reading

Posted in Daily Comments | Tagged , , , , , | Comments Off on Democratic Party Debates

The Pope and The Devil

I am not sure if there is a difference in this case. Either Pope Francis does not know what capitalism is or he is doing the Devils work. For the Pope’s information and also anyone else who doesn’t know. the … Continue reading

Posted in Daily Comments | Tagged , , , , , , | Comments Off on The Pope and The Devil

Understanding Human Behavior

How did Common Sense Economics discover that most of human behavior is based on instinct and not intellect? It all starts by understanding that intellectual reasoning would never produce the kind of results we get in government and and macro … Continue reading

Posted in Daily Comments | Tagged , , , | Comments Off on Understanding Human Behavior

Common Euphemisms

Common Sense Economics studies mankind as an animal. All of what mankind does takes place in a herd setting. Economics is more than the study of unlimited wants vs. limited resources. Herd behavior explains much of what individuals do in … Continue reading

Posted in Daily Comments | Tagged , , , | Comments Off on Common Euphemisms