It all sounds so good in theory. People should be free from the control of others – both politically and economically. If they earn money, they should be able to keep it. If people want to speak out, they should be able to. Above all, individuals should be free to live as they want without [...][...]
Posts Tagged ‘competitiveness’
Glimmers of Light?
It’s been a bad few years for the U.S. economy. Since the 2008 financial crisis, almost every bit of optimism has wilted. This time we may be poised for a real improvement — if we can avoid some bad mistakes. During major economic crises, governments usually want to appear as if they[...]
Atlas Deluded – Redux
Last week’s article questioning meritocracy attracted quite a few comments. Here is my response to one of the more thoughtful critiques. On October 26, I posted an piece challenging the some of the ideas behind meritocracy, which is defined as, “a system based on ability, where those w[...]
The Long Road to Nowhere
It’s time again for another quarterly economic update, but there has been little improvement since the last one in June (http://www.et1964.com/?p=641). In fact, sometimes it seems that Washington has mostly given up trying to do much of anything. Spring turned to summer — which is now mo[...]