The consumer, so it is said, is the king each is a voter who uses his money as votes to get the things done that he wants done.

The consumer, so it is said, is the king each is a voter who uses his money as votes to get the things done that he wants done.

Economists have much to be humble about.

The failure of market catallactics in no way denies the following truth: given sufficient knowledge the optimal decisions can always be found by scanning over all the attainable states of the world and selecting the one which according to the postulated ethical welfare function is best. The solution 'exists'; the problem is how to 'find' it.

Investing is like waiting for paint dry and grass grow so. If you like fun, let handle 800 USD and headed to Las Vegas

The problem is no longer that with every pair of hands that comes into the world there comes a hungry stomach. Rather it is that, attached to those hands are sharp elbows.

Funeral by funeral, theory advances.