Eat Social Studies – enjoy my flavor

Unions can negotiate for too much, making an environment so hostile that industries must inevitably decline.  This is the result of effective, militarized unions.  These unions push for wages to where company losses are just short of the company’s shut down cost.  At this point it is barely better for a company to continue operating…

Often times there will exist a set of social theories that may be popular within a society.  These theories may be based on a set of principles on how to better run a country.  A reactionary movement, however, I will define as one which takes a relativist position to current conditions.  For example, a libertarian…

There is a general habit of measuring economic development by GDP growth – this is a terrible metric. Assuming GDP measures output correctly, an increase in output does not mean that the standard of living of the population has actually increased, because if a country produces a tiny bit more with a huge increase in…

Introduction Here is presented a method that enables the valuation of financing, marketing, and manufacturing decisions in context of the whole company. This is made capable through a quantitative interface between finance, marketing, and manufacturing. This enables understanding of how actions by one part of a company affect the other parts, allowing for a holistic…

Political discourse will have a natural tendency to segment a population – accentuating the differences among a population. This happens because the ability to tailor a political message to a narrower group of people allows for a more targeted message, creating a stronger appeal for that segment.  The less variation among the segment, the more…

The money multiplier often provokes an intuitive disbelief as it describes a process where money, through the bank, multiplies itself. While the process is accurate, usage of the nebulous term money can mislead as to what is happening, which I will clarify here. Defining money has a long history of controversy (which this post will…

This paper proposes that all punishments for violating the law should bear adaptability to the criminal history of the perpetrator. To do this requires a legal system that adapts to the nature of the criminal, it does so by escalating deterrence on a per-person basis. If an individual has already committed a crime, then by…

The study of history provides one of the most valuable sources of knowledge about humanity. Thousands of years of written history exist. This is a source of tremendous wisdom, for it is, quite literally, thousands of years of human experimentation. This experimentation provides insight and predictive power to solving the today’s problems. By learning history…

One of the best books to begin learning history with is H. G. Well’s The Outline of History. Beginning the study of history with an outline allows whatever new information you learn to fit into general framework. This will help in the long run because the mind can then organize material as it is being…

The Constitution is the political blueprint of America; it carries the highest legal authority. The Supreme Court has developed the unique responsibility of interpreting the Constitution and ensuring that the branches of government act according to it. As the Supreme Court has exclusive authority on interpreting the Constitution, the Supreme Court’s opinions are literally an…

The health care insurance industry has received a lot of attention; however, little focus has been put towards explaining the workings of the insurance industry. The insurance business model is what this paper explains. Insurance takes advantage of the statistical property of the Law of Large Numbers; this allows a company to commit itself to…

A credit bubble is the expansionary component of a credit cycle. This paper will explain why credit can naturally move through a boom and bust cycle. To do so requires explaining why credit expansions and contractions experience directional momentum. Explaining that momentum as a consequence of positive feedback is the main thrust of this paper.…

1. Introduction This model proposes a systematic integration and explanation to the variables often considered most important in the study of economics. This includes total production, labor levels, saving levels, income distribution, economic growth, investment yields (interest rates), capital accumulation, and fiscal policy. These variables result from a deterministic interaction among humans, based on them…

The spending multiplier and its implications are based on an incomplete and consequently incorrect analysis of economic processes.  The spending multiplier has practical importance as it is the justification of “stimulus” spending, or in other words, the notion that autonomous (government) spending can increase economic activity by a multiple of that autonomous expense.  Furthermore, what…