## ODonnellWeb – Tag Economics

Where are the American bubble factories

Posted on 01/06/2019 in misc • Tagged with Economics, Music

I was out running errands with my wife today and she wanted to stop by the Dollar Store to pick up a bottle of bubbles for the preschool she runs. Swinging by the Dollar Store to buy a bottle of bubbles made me immediately think of (Whatever Happened to The …


Continue reading

A Silver Lining in the Stock Market

Posted on 12/21/2018 in misc • Tagged with Economics, Politics

Unemployment is still low, and wages are creeping up. GDP is growing too. By all normal factors the stock market should not be tanking like it is.

However, these are hardly normal times.

Maybe, just maybe, this market correction is a sign that reality is starting to emerge from its …


Continue reading

Do You Feel Lucky?

Posted on 03/14/2017 in misc • Tagged with Economics, Politics

Dan Baird - SoLow

A couple of weeks ago the Techdirt podcast featured a fascinating interview with Robert H Frank, Professor at Cornell and author of the recently released Success and Luck: Good Fortune and the Myth of Meritocracy. This is a subject I've debated a few times on various Internet forums, usually as …


Continue reading

Stuff

Posted on 02/08/2017 in misc • Tagged with Personal, Economics

Stuff

I've been thinking about stuff quite a bit lately. The US economy runs on stuff. If we stopped buying so much stuff, we'd crash the economy very quickly. It's so important that President Bush suggested we all go shopping after the 9/11 attacks. Maybe that's a way to stick …


Continue reading

Abundance

Posted on 03/24/2015 in misc • Tagged with Business, Economics

Throughout history scarcity has been the defining characteristic of economics, and really of power and control in general. It does power the law of supply and demand, the fundamental tenant of microeconomics, after all. People with information not accessible to others, or governments or groups with access to weapons not …


Continue reading

The Gospel of Consumption

Posted on 05/22/2013 in misc • Tagged with History, Issues, Economics

Our consumption driven economy was not an accident


Continue reading