An Unlikely Trust is a great read for history buffs and it also provides valuable context for our current economy that is wrestling with monopolistic behavior by tech titans such as Google, Facebook and Amazon.
It’s no secret that the Internet has become the world’s dominant communications network over the past two decades. It’s stunning rise to economic powerhouse has far surpassed the success of its precursor networks. In the process, a handful of mega tech companies have overwhelmed the regulatory structure intended to foster innovation, growth and a market […]
…the Roman Empire began to weaken and decay because it lacked the ideas and ideology that are necessary to build upon and safeguard a free and prosperous society: a philosophy of individual rights and free markets.
Good government may be an oxymoron because there’s too much of it. A good place to start whittling is on monopolies and their political enablers.
The main problem with K-12 public school education may not be the lack of funding. It’s more likely the lack of competition. Public schools are government monopolies. Monopolies are protected from competition. They don’t have to innovate to improve to survive. So they don’t.
As smart-phones and their sensors become ever more sophisticated so will the apps to exploit them. It is an opportunity rich environment for entrepreneurs to remix and reboot the American economy. By Ashby Foote | June 13, 2014 | RealClearMarkkets.com June 2014 marks five years since the Great Recession officially ended and, despite the frenetic and sometimes imaginative […]
Inflation is an increase in the quantity of money and credit. Its chief consequence is soaring prices. Therefore inflation—if we misuse the term to mean the rising prices themselves—is caused solely by printing more money. For this the government’s monetary policies are entirely responsible. Cause and Cure of Inflation 1. Inflation is an increase in the […]
Should Mississippi focus on the retirement industry as a significant area for economic growth? Mississippi ranks No. 5 on BankRate.com’s top 10 “unexpectedly best” states for retirement list. Should Mississippi focus on the retirement industry as a significant area for economic growth? Mississippi recently ranked No. 5 on BankRate.com’s top 10 “unexpectedly best” states for […]