Monthly Archives: May 2014

Walmart’s Game Plan and Capitalism’s Endgame

On tax day, when millions of American taxpayers and small businesses pay their fair share to support critical public services and the economy, they will also get stuck with a multi-billion dollar tax bill to cover the massive subsidies and tax … Continue reading

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Why Economics Failed: The Parable of the Minimum Wage

(Illustration by John Berkerly for The Economist, July 16, 2009) “Macroeconomics” is, of course, to be distinguished from “microeconomics.” Macro-economics deals with economic affairs “in the large.” It concerns the overall dimensions of economic life. It looks at the total size and … Continue reading

Posted in - FEATURED POSTS -, - MOST RECENT POSTS -, Economics, Wealth and Income Inequality | Leave a comment