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Economical and Financial Jokes
A chemist, an engineer and an economist are stranded on a deserted island. They carry with them some canned food but have no ordinary means of opening the cans. The chemist suggests gathering some wood and...
3 commentsYoung Entrepreneur - Declan Galbraith
Traditional ways for kids to make money have focused on household chores, but busking led to multi-million pound recording career for Declan Galbraith.
24 commentsKrugman on Friedman - A Critique
With the passing of the late John Kenneth Galbraith (1908 - 2006) the job of popularizer of the economics of government economic control of the economy has been taken up by Paul Krugman. Like Galbraith,...
7 commentsImagine by John Lennon and More Inspiration for The New Year-Part 2
As the year is coming to an end, what better time to focus on peace and change for ourselves and the betterment of humanity. This is the second part of my "Moments With Inspiring Movie Flashes and Poetry-...
45 commentsObama & Financial Regulatory Reform: The Latest Chapter: Yahoo!
The title of a recently released Yahoo! article is "Obama challenges Wall Street to support his regulations", but the key question is: will EVERY Wall Street executive listen to him? Or. more specifically and...
0 commentsDon't Trickle on Me!
Ever since the days of Ronald Reagan's presidency we have heard the term Trickle Down applied to economics. The actual theory is called Supply Side Economics Theory, and it is an idea that if you cut or...
26 commentsMilton Friedman on the Central Federal Reserve Bank
“The Federal Reserve definitely caused the Great Depression by contracting the amount of money in circulation by one-third from 1929 to 1933.” -- Milton Friedman, Nobel Prize winning economist,...
4 commentsThe Economics of Innocent Fraud by John Kenneth Galbraith
In this extended essay, John Kenneth Galbraith illuminates examples of "innocent fraud" or the gulf between perception and reality in the modern American economic system--a system he had a hand in creating...
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