What does the American public want done to fight climate change? | Fabius Maximus
For any sensible , responsible and sincere government of the people, the topmost priority should be as follows :
1. Jobs , Jobs, Jobs , 100 % employment for people seeking employment and to create labor scarcity
2.Reduce CPI Inflation to bare minimum but any day the Interest rate minus CPI Inflation rate should be positive
3.Ruthless strict action without mercy on corruption of any kind whether it is in Public Domain or in Private Domain
Rest of the problems will be automatically taken care of.
Sunday, February 2, 2014
Saturday, February 1, 2014
The dilemma of probability theory (wonkish) | Real-World Economics Review Blog
The dilemma of probability theory (wonkish) | Real-World Economics Review Blog
Economics should be taught like Science.
Economics should be taught like Science.
Democracy/Capatalism
Democracy is a requirement of Modern Capitalism.It is a prerequisite.Because Big business involves complex activities in a very competitive atmosphere it cannot survive without systems / rules being in place.
Business can only thrive in a situation where there is peace , law and order and a system based on Legislative / Executive / Judicial power and which is ensured by Democracy.
Hence Modern Capitalism is dependent on Democracy to survive and prosper , but it is not true the other way around , Democracy can survive without Capitalism also for example Socialism, Communism.
Hence Voters/Consumers have real power in their hand , if they think about it and utilize their choice properly.
Business can only thrive in a situation where there is peace , law and order and a system based on Legislative / Executive / Judicial power and which is ensured by Democracy.
Hence Modern Capitalism is dependent on Democracy to survive and prosper , but it is not true the other way around , Democracy can survive without Capitalism also for example Socialism, Communism.
Hence Voters/Consumers have real power in their hand , if they think about it and utilize their choice properly.
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