Primary Equilibrium and its Many Alternatives: My use of this term has slowly evolved. Hopefully it provides a bit more clarity for those times when it may not otherwise be clear what economic circumstance are actually being described.
Competition in Two Dimensions: Some competition provides greater economic access through broader platform definition, other competition through the lateral effects of greater consumption choice.
Tax Capital? no. Restore Human Capital? YES: Meaningful time use with others is the missing marketplace component.
Needed: Conscious Echoes of a Larger Whole: Primary equilibrium is not the only place where further economic growth is possible.
How Does Inequality Matter? Inequality in relation to income or resources separate from time is not generally problematic. The inability to utilize time effectively with given resource potential, is what stands in the way of individual responsibility and personal aspiration.
Notes on GDP Measure and Time Aggregate Considerations: Time use aggregates are central to the integrity of the monetary anchor, and also to the integrity of GDP as a continuously viable concept.
Skills Liquidity is Better than Tax Complexity: Tax redistribution does not optimize knowledge use and services capacity to the degree one would expect.
Time Use Arbitrage: Luxury, Subsistence or Something Else? Time use choices refuse to be defined in normal economic terms, because many choices exist as contrast, to others.
Property Liquidity Potential: A Few Specifics Property use needs greater flexibility in the 21st century, this post touches on some possibilities.
How Could New Communities Overcome Institutional Limitations? Governments need to embrace and profit from globalization, instead of using local economies as moats against globalization.
Economic Rights: The Missing Component: Governments start to stumble, when they place too many restrictions in the way of citizens being able to help and assist one another.
Do Economies of Scale Leave Room for Entrepreneurship? It's a post which may have sounded negative, and hopefully more recent posts have provided some positive answers.
Wealth Creation? The Jury is Still Out: Knowledge use and time aggregates, are wealth potential which could still be realized.
What We Mass Produce (Or Don't) Matters: Mass production has yet to be exposed to some areas of the economy which could greatly benefit from it.
Who Still Has Faith in an Expanding Economy? Unemployment and low labor force participation remain a too persistent part of life.
Back to The Future - Piketty Versus the Mystery of Capital: Hernando de Soto highlighted the growth which resulted from honoring the claims of physical property. Today's growth also needs the recognition of time value, as property in its own right.
How Did the Fed Get Its Reputation? The step back from a nominal target, was a step back from progress.
Who Does the World Economy "Belong" To, Anyway? "Rant" mode, re the fact that citizens in many instances are not a valid part of their own economy.
Life Without Work is Like a House Without Heat: Imagine a job as "heat". Do citizens live in "cold" climates which require heat?
Skills Arbitrage - The Point of Agreement is the Point of Reference: For anyone whose present day participation in the economy is too limited or strictly defined, time arbitrage is one alternative.
Some Notes on the Barter Similarities of Skills Arbitrage: Even though our time is fixed, all other economic associations in relation to our time choices are random.
For Prosperity's Sake: Set Knowledge Use Free Knowledge is not just a strategy for escape. It is a means to thrive, wherever we are and however we live in the world.
U.S. - Monetarily Boring Already? Perhaps Not! There's plenty of work left to be done.
Good and Bad Deflation, Good and Bad Inflation: Good deflation brings the life we want within reach, bad deflation breaks down hard won progress.
Do Local Economies Negate Comparative Advantage Over Time? Local economies tend to unfold in ways which have little relation to the coordinated efforts of mass production.
Increasing Our Odds: Good fortune as a series of intersections between what we do, and what others do.
We Can Create Our Own Demand: First, it is experiential. But in the process, it becomes real.
Sticky Markets and the "First Mover" Problem: Making the first move away from multiple economic "givens" is not as easy as it may seem.