It is fascinating how the much promoted concept of “free trade” has developed considering that the major industrial powers of the 19th, 20th, and 21st centuries have been built by using protective tariffs. Great Britain, United States, Japan and now China have all used tariffs to protect their fledgling industries from international competition by using tariffs. [...]
The Mission, Premise and Promise of CPE
CPE will promote the correct macroeconomic understanding, mainly through economic validation, that joins business with government, educators, environmentalists, civic and philanthropic leaders to create a quality global economy and community.
We cannot have a politically democratic society
without economic democracy!
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Have you ever noticed that the economic academics and pundits on television and in print are very confusing, opaque and paradoxical? They use terms like growth, growth rate and GDP to describe the status of an economy that are nebulous and have defused meanings. I call this “Econo Speak”. They also never use the word [...]
Baxter is a new robot that has two major differences than other robots. It is very inexpensive and can work with humans without hurting them. Its total cost is $22,000, lasts for 3 years which comes to a total cost of less than $4 an hour. It does not need vacations, breaks, nor takes the [...]