Cargo Cult Economics

December 18th, 2010

By Brianna Aubin Pretend that you are on a desert island with six other people.  One guy hunts, another fishes, a third collects firewood, the fourth hauls water, the fifth gathers fruits and vegetables, the sixth builds huts, and you … eat.  Yes, that’s right.  Your job is eating.  You pick up seashells off the beach, and […]


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Eating Your Seed Corn

October 27th, 2009

In today’s complex global economy, it can be easy to forget the root and the meaning of money.  In fact, it can be so easy that there is an entire school of economics, Keynesianism, that is devoted to the theory that it is the consumer that drives the economy and spending money is the best […]


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