Market Impeders and Market Inefficiencies
Even the most devout proponents of free marketry and hidden hand theories acknowledge the existence of market failures, market imperfections and inefficiencies in the allocation of economic resources. Some of these are the results of structural problems, others of an accumulation of historical liabilities.
Immortality and Mortality in the Economic Sciences
Roberto Calvo Macias, a young author and thinker from Spain, once wrote to me that it is impossible to design a coherent philosophy of Economy without accounting for the (sad?) fact that we are mortals. This insight is intriguing.
The Distributive Justice of the Market
(1) Each person is to have an equal right to the most extensive total system of equal basic liberties compatible with a similar system of liberty for all.(2) Social and economic inequalities are to be arranged so that they are both: (a) to the greatest benefit of the least advantaged, consistent with the just savings principle, and (b) attached to offices and positions open to all under conditions of fair equality of opportunity.
The Fabric of Economic Trust
Economy is called the dismal science because it pretends to be one, disguising its uncertainties and shifting fashions with mathematical formulae. Economy describes the aggregate behaviour of humans and, in this restricted sense, it is a branch of psychology.
The Revolt of the Poor: The Demise of Intellectual Property?
Three years ago I published a book of short stories in Israel. The publishing house belongs to Israel's leading (and exceedingly wealthy) newspaper.
The Blessings of the Black Economy
Some call it the "unofficial" or "informal" economy, others call it the "grey economy" but the old name fits it best: the "black economy". In the USA "black" means "profitable, healthy" and this is what the black economy is.
To Grow Out Of Unemployment
There is a connection between economic growth and unemployment. There is a connection between growth and inflation.
Liquidity or Liquidation
Large parts of the world today suffer from a severe liquidity crisis. The famed globalization of the capital markets seems to confine itself, ever more, to the richer parts, the more liquid exchanges, the more affluent geopolitical neighbourhoods.
Workaholism, Leisure and Pleasure
The official working week is being reduced to 35 hours a week. In most countries in the world, it is limited to 45 hours a week.
A. THE PHILOSOPHY OF COMPETITIONThe aims of competition (anti-trust) laws are to ensure that consumers pay the lowest possible price (=the most efficient price) coupled with the highest quality of the goods and services which they consume.
Another Round of EU-Iran Talks Starts April 10 - Will Iran Be Referred To The UN Security Council?
Iran's objection to ratifying the International Atomic Energy Agency's Additional Protocol of the IAEA is said to be the main obstacle to dispelling fears that it is not building a nuclear weapon. Iranian and EU officials meet April 10 to try to resolve a stalemate in their negotiations over this issue.
Israel Termed A 'Nuclear Power' By US Officials
In the last two weeks, two non-senior US officials indirectly called on Israel to start planning on cancelling its nuclear weapons programs. Even though they said this is not intended for 'the foreseeable future', their publicly terming Israel a nuclear power on a par with India and Pakistan might be a sign that the US perceives of nuclear issues as too serious to condone the double standards it employs freely on other issues.
Anglo-Israelism and the Flesh
Recently a friend insisted that I read a book by Steven M.Collins, titled The "Lost" Ten Tribes of Israel.
UAV Targets, Aerial Dog Fights, Interception, Future of War Intelligence
The UAV, Unmanned Aerial Vehicle is hear to stay and they are rapidly replacing the glory days of the fighter pilot and soon, there will be no humans in military aircraft flying the planes. Here is a quick overview of UAVs and all the new types.
UAV Materials and Thoughts on New Technologies and Keeping Up With Our Opponents
Possible UAV materials are infinite: Foam, Composite, Balsa Wood, Plastic, Synthetic Balloon Material, Aluminum, Titanium, Spider Web Organic Material, etc. I propose some late breaking technology and newer materials, ceramic coatings and or UAVs built from photorefractive composites? Materials such as this:http://www.
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