Making Decisions When Married: A Wicksellian Perspective

Love is in the air! I recently married the love of my life. Marriage is not only a great tradition, it is economically effective! Well, in theory. We can now bask in the cost savings of consuming goods together such as a home, car, kids, Netflix accounts, groceries, and so much more! Continue reading “Making Decisions When Married: A Wicksellian Perspective”

James Buchanan: Surprisingly, Politicians Are Humans

With a simple discussion on how stuff gets done in the political arena, it is easy to understand why it’s so hard to achieve the intended outcomes of that “stuff.” Everything is riddled with side-deals, loopholes, and compromises that detract or cause larger problems than the one(s) they are trying to solve. Continue reading “James Buchanan: Surprisingly, Politicians Are Humans”

James Buchanan: Surprisingly, Politicians Are Humans

With a simple discussion on how stuff gets done in the political arena, it is easy to understand why it’s so hard to achieve the intended outcomes of that “stuff.” Everything is riddled with side-deals, loopholes, and compromises that detract or cause larger problems than the one(s) they are trying to solve. Continue reading “James Buchanan: Surprisingly, Politicians Are Humans”

My Ideal Economic Design

A friend messaged me on Facebook asking, “If I could build my own economic system, what would it look like?” I responded quickly by letting him know I’d send my thoughts to him the next day. Well, two weeks have gone by and I have finally decided to take a stab at this quite daunting challenge. 

For the tl;dr folk, surprise, surprise! It’s capitalism. Continue reading “My Ideal Economic Design”