Economia
Nada como começar a semana com pensamentos profundos em macroeconomia.
Imprimam e leiam este imperdível artigo do gênio renascentista zambiano Siize Punabantu (link).
Financing the doubling of GDP in one year at constant price
If the heading has drawn your attention then it has achieved the second objective of this paper, its first objective being to lead the reader through a discussion of how economic scarcity is a reversible problem. This paper examines reasons why scarcity may remain unresolved by economics as a result of how history and the machinations of business have evolved, especially in relation to the circular flow of income, price, value and the exchange of goods and services. The hypothesis that an economy has sufficient latent financial resources with which to finance the doubling of its GDP in one year at constant price is used to first anchor the idea resources are available so that a greater emphasis is placed on the burden of proof. The reader is asked, as a warm up exercise, to take a moment to meditate and reflect on the hypothesis; then suspend disbelief briefly in order to be able to follow the arguments unhindered by conventional wisdom. This aids in grasping how important thinking outside traditional views in economics can open new vistas in how the problem of scarcity is addressed. The gist is to grapple with ideas taken for granted in economics pertaining to enterprise, observe their evolution and attempt to mould them toward a construct that better exposes the latent potential within economic thought to change the economic landscape. It explores the view that even practices taken for granted in economics and business such as those used to understand cost, revenue, and the significance of money may harbour hidden factors that can affect how money transfers value between transactions. Further, it discusses how the tension between pessimistic and optimistic views can influence outcomes in economics.
- An African Nobel Prize Winner In The Making?
One can recognize the mark of a genius in the work of the Zambian economist and social philosopher Siize Punabantu. I want to share with y’all the abstract of his new masterpiece, The Origin of Wealth. What is wealth? This paper proposes wealth and...
- Revolução E Evolução Da Macroeconomia
Revolution and Evolution in Twentieth-Century Macroeconomics Michael Woodford Princeton University* June 1999 The twentieth century has seen profound progress in economic thought. This has been associated, among other things, with the progress of...
- Fixar A Base Monetária
With a fixed monetary stock, deflation will ensue when the economy expands either in absolute terms or on a per capita basis with productivity gains. In both cases business does do better on average while the wage earner automatically receives higher...
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Quem recomenda é Tyler Cowen. Aqui vão alguns excertos da resenha feita por Jeffrey Tucker: "“Economics puts parameters on people’s utopias.” Yes. That’s exactly it. That’s why the politicians hate economics. That’s why the media are...
- Os Filhos São Um Bem De Giffen?
Are Children Giffen Goods: An Economic Puzzle Suppose someone invents an inexpensive and reliable way in which parents can choose the gender of their offspring. From the economic standpoint, this represents an increase in quality—you get a child of...
Economia
Se em Campinas é ruim, imagina em Lusaka...
Nada como começar a semana com pensamentos profundos em macroeconomia.
Imprimam e leiam este imperdível artigo do gênio renascentista zambiano Siize Punabantu (link).
Financing the doubling of GDP in one year at constant price
If the heading has drawn your attention then it has achieved the second objective of this paper, its first objective being to lead the reader through a discussion of how economic scarcity is a reversible problem. This paper examines reasons why scarcity may remain unresolved by economics as a result of how history and the machinations of business have evolved, especially in relation to the circular flow of income, price, value and the exchange of goods and services. The hypothesis that an economy has sufficient latent financial resources with which to finance the doubling of its GDP in one year at constant price is used to first anchor the idea resources are available so that a greater emphasis is placed on the burden of proof. The reader is asked, as a warm up exercise, to take a moment to meditate and reflect on the hypothesis; then suspend disbelief briefly in order to be able to follow the arguments unhindered by conventional wisdom. This aids in grasping how important thinking outside traditional views in economics can open new vistas in how the problem of scarcity is addressed. The gist is to grapple with ideas taken for granted in economics pertaining to enterprise, observe their evolution and attempt to mould them toward a construct that better exposes the latent potential within economic thought to change the economic landscape. It explores the view that even practices taken for granted in economics and business such as those used to understand cost, revenue, and the significance of money may harbour hidden factors that can affect how money transfers value between transactions. Further, it discusses how the tension between pessimistic and optimistic views can influence outcomes in economics.
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- An African Nobel Prize Winner In The Making?
One can recognize the mark of a genius in the work of the Zambian economist and social philosopher Siize Punabantu. I want to share with y’all the abstract of his new masterpiece, The Origin of Wealth. What is wealth? This paper proposes wealth and...
- Revolução E Evolução Da Macroeconomia
Revolution and Evolution in Twentieth-Century Macroeconomics Michael Woodford Princeton University* June 1999 The twentieth century has seen profound progress in economic thought. This has been associated, among other things, with the progress of...
- Fixar A Base Monetária
With a fixed monetary stock, deflation will ensue when the economy expands either in absolute terms or on a per capita basis with productivity gains. In both cases business does do better on average while the wage earner automatically receives higher...
- Economia Austríaca: Um Ótimo Livro De Peter Boettke
Quem recomenda é Tyler Cowen. Aqui vão alguns excertos da resenha feita por Jeffrey Tucker: "“Economics puts parameters on people’s utopias.” Yes. That’s exactly it. That’s why the politicians hate economics. That’s why the media are...
- Os Filhos São Um Bem De Giffen?
Are Children Giffen Goods: An Economic Puzzle Suppose someone invents an inexpensive and reliable way in which parents can choose the gender of their offspring. From the economic standpoint, this represents an increase in quality—you get a child of...