Archive for the ‘economics’ Category

(Not So Brief) Thought #7: Property Rights and Human Resources

Sunday, April 20th, 2008

One of the essential ingredients for economic development, in tribes and nations, is a fair and reliable set of property rights. If nobody feels secure in their possessions, nobody will produce anything or build any wealth. We must exercise control and ownership over the fruits of our labors. Otherwise, whatever we produce […]


Brief Thought #4: Technical Skills and Productivity

Tuesday, April 8th, 2008

I have found that when I attempt to do something very difficult, it often leads me to an epiphany of innovation and invention. There are always ways to make difficult tasks easy, and if a way doesn’t exist now, it will as soon as enough people face the problem and decide to invent a […]


Brief Thought #1: Home-Working a Win-Win Whether an Employee or a Contractor

Thursday, April 3rd, 2008

April is the peak month for our business, so I may not have time to write any lengthy articles.  Instead, I will try to post a brief daily thought until the season slows a bit.
Many small business owners have realized that operating a business from home cuts overhead compared to operating a business on Main […]


Tribal Economics and Welfare

Sunday, March 23rd, 2008

Many young couples are told to wait to have children until they graduate from college and get good jobs and careers. Of course, this is the employment model of income, and assumes that children are liabilities which keep us from our work and earning money. In the tribal model of income, children […]


Reinvent the Wheel– Make it Your Wheel

Saturday, March 8th, 2008

Nobody is perfect. Not inventors, not statesmen, not writers or publishers. Not philosophers, not theologians, not thinkers or doers of any sort. Life does not require perfection. If it did, we’d all be in trouble. Great writers don’t write things perfectly the first time (unless they’re Mozart). They are […]


Who Does Caesar’s Money Belong To?

Sunday, March 2nd, 2008

This article ties off the loose ends of the last two articles about taxes. In A Penny Saved… I looked at the tax implications of acquisitional consumerism versus apparent poverty, and noted that the more money we use, the more it costs us to use it. There are costs associated with acquiring the […]


Paying Taxes is a Wonderful Use of Money

Tuesday, February 26th, 2008

I don’t like to be entirely one-dimensional, so I decided to follow up my last post with some contrarian thoughts. I want to clarify that I am not a tax accountant nor a tax lawyer. I’ve found information on the Internet that you could find. I don’t rely on it, and you […]


A Penny Saved is a Penny Earned– Tax Free

Sunday, February 17th, 2008

Benjamin Franklin is credited with the saying, “A penny saved is a penny earned.” While this was certainly true in Ben’s day, it is a gross understatement today. Let’s do some calculations. Examples will be based on economic conditions in the United States. The numbers can be adjusted for the country you […]