by Henry Oliner | Oct 4, 2016 | Economics
from Steve Forbes at Forbes Magazine, Reckoning for Biggest Wrecker of U.S. Economy: Economies aren’t machines that can be calibrated, like automobiles. They are billions of people making decisions numerous times a day. The idea that central planners, whether they’re...
by Henry Oliner | Sep 24, 2016 | Economics
Economics is a bit different from history by the use and study of certain underlying principles. It is not a physical science but a social science using scientific methods to analyze and understand. There are certain principles that are quite useful to explain and...