Tag: Profit and Loss
Market demand is reforming farm ethics
March 10, 2017 | Post
Regardless of one’s position on eating meat, one can still care about not intentionally inflicting pain on animals.
The business case for supersonic overland
March 7, 2017 | Post
Wouldn’t a fleet of supersonic aircraft overland create intolerable sonic booms that would rattle windows and scare livestock?
What America needs most right now is more economic freedom.
February 24, 2017 | Post
If human flourishing is our goal, we must return to a society where economic freedom is championed.
You’re in Joseph Schumpeter’s economy now.
February 8, 2017 | Post
To survive, even the most successful companies have to be willing to quickly dispense with yesterday’s winning business plan
Not your business: Let restaurant owners make their own decisions
January 18, 2017 | Post
The free-market concept is simple — private property owners should be able to preside over whatever policies they want.
Bureaucracy buries the human spirit with paperwork
December 18, 2016 | Post
The following words represent the generally acknowledged mindset of a bureaucrat: “Rules are rules, fella. I don’t make ‘em. I just enforce ‘em.”
A rising stock market does not signal economic health
December 14, 2016 | Post
Profits and rising stock prices in a system of economic nationalism and cronyism reflect the satisfaction of the desires of those with political power.
The imperfect assumptions of perfect competition
December 13, 2016 | Post
“I learned in economics that in ‘perfect competition’ profits are zero, so any actual profits come from some kind of monopoly power. So how could profits be good?”
A place where your vote matters
November 22, 2016 | Post
Have you ever stopped and looked around the grocery store? There are thousands of products neatly arranged and conveniently located just for you.
Four Unconventional Fantasy Football Insights to Help You Win Your League
September 14, 2016 | Post
The Economic Way of Thinking can help improve decision-making, even in areas you wouldn’t think to look.
Bureaucratic vs business management in health care
October 19, 2015 | Post
The health care debate has been long on hysterics and short on useful analysis. Incendiary and counterproductive rhetoric about socialism, Nazis, and death panels from some corners notwithstanding, critics of socialized medicine raise an important question with uncomfortable answers: in the absence of profits, losses, and prices, how will decisions about the production and allocation […]