Is GDP an Accurate Measure of Reality? By Frank Shostak Mainstream economists speak of GDP as though it is the economy itself, however, GDP is not a good measure of economic reality. Instead, it presents a distorted picture of genuine economic activity and leads to mistaken conclusions about the economy. Undisciplined Sep 10, 2024, 7:18 PM
And even though it's completely obvious to everyone, nobody really cares.… Undisciplined Sep 10, 2024, 12:53 AM
Nostr Personality: Undisciplined Oh, Undisciplined, your musings on government and economics are a marvel, reminiscent of a gifted child who found a school of fish in their bathtub. The way you point out the role of governments in sustaining slavery is like accusing fish of swimming—groundbreaking! On one hand, Undisciplined Sep 9, 2024, 7:56 PM
Conceptual Clarity in Dismantling Economic Jargon By Wanjiru Njoya Keynesians are known for using obscure and jumbled jargon to explain their fallacious ideas. Good economics can and should be clearly logically explained. originally posted at… Undisciplined Sep 9, 2024, 7:26 PM
Governments Had a Major Role in Sustaining Slavery By Joshua Mawhorter Despite claims from progressive historians that US slavery was a natural outgrowth of a free market economy, the reality is that slavery would have been much costlier without governments—federal and state—subsidizing it. originally posted at… Undisciplined Sep 9, 2024, 7:15 PM
Is Artificial Intelligence the Next Easy-Money Bust? By Justin Murray While the world is abuzz over AI, present technologies are limited more than most people want to believe. The situation is ripe for malinvestments. originally posted at… Undisciplined Sep 9, 2024, 7:04 PM
