Category Archives: Economics

Most Americans Have NOT Come Out of the Pandemic Ahead Economically

There’s this common occurrence where headlines have nothing whatsoever to do with the articles that they top. I’m fascinated by it. There are many ways to write badly but having a severely misleading title should be number one. Normally it is the case where the editor puts their own title on something, often without the […]

Are There Hobbies in Your Socialist Utopia?

My title probably sounds a little snarky and, to be fair, when I first asked it to a friend, I meant the snark. That’s no longer the case. I’ve been thinking about this for the past couple of weeks, and I’m now genuinely curious. For people who are hardcore, ardent socialism advocates, I want to […]

Healthcare

Yesterday, I had to get a prescription filled. I went to the pharmacy, and they told me that I was no longer covered by my insurance. I was confused, but it wasn’t the woman at the pharmacy’s fault, so I went home to straighten things out. I called the insurance company. After navigating a long […]

What If All Job Applicants Were Anonymous?

I know how this sounds, so please bear with me. There are many problems with the job “market” as it currently stands. All the power is on the side of employers (which is why I hesitate to call it a market in the first place). Favoritism and nepotism are rampant. The process rewards salesmanship over […]

You know, you could just NOT pay your student loans

People on the internet, or at least the small cross-section of Twitter I see on a regular basis, seem pretty upset that President Joe Biden has reneged on his pledge to cancel at least some student debt. President Biden said publicly several times that he would “knock off” at least $10,000 in student debt, and […]

Crypto

A little while ago, I wrote an article for Phlexible Philosophy about money. The gist of the article was that money is a tool and if it doesn’t do its jobs as well as it could, maybe we should find a new tool. I briefly mentioned cryptocurrency in the article but didn’t really explore it. […]

Quick Questions: Nation States

Many people blame capitalism for many of the world’s ills. Most, if not all, of these problems have been present in non-capitalist societies, too. Do you ever wonder if capitalism is not actually to blame? Might these be political problems rather than economic? Do you think competitive nation states might be the actual cause of […]

Labor

The current conversation around labor is odd. Many (most?) labor advocates still talk about their fight in Marxist terms. Never mind the more theoretical aspects of Marxism, his views on history and progress, etc., and just look at labor. Labor, in this view, is the foundation for all value. Capitalism developed when labor was commodified, […]

On Inequality by Harry Frankfurt

It’s rare, very rare, that I read something and simply agree with it. Even if I agree with the main idea, I find issues with the details. Sometimes it’s an exceptional case. Sometimes it’s a metaphor stretched too far. That’s part of what I enjoy about reading. It challenges me. It forces me to see […]

Cash or Credit

For a long time, I’ve held two contradictory opinions simultaneously. One is that credit card companies are about the most evil things on the planet and everyone should stop using credit cards. The other is that no store should be cash only. They should all accept credit cards. My opinions are changing (at least one […]