Monthly Archives: January 2016

Corporate Socialism and Hollowing of America

Posted on January 19, 2016 by admin

Most people understand and assume that government income redistribution, where higher incomes are taxed and transferred to those with lower incomes, is a way of achieving greater income equality. But few people are aware of the extent of corporate socialism … Continue reading →

Posted in Economics | 1 Comment

Creeping American Socialism

Posted on January 17, 2016 by admin

The previous post discussed the influence of pluralism in economic policy. As an historical summary of the cognitive dissonance, it suffices to observe the policy circus: the free-market capitalism in the early twentieth century was blamed for the Great Depression; … Continue reading →

Posted in Economics, Finance, Regulation | Leave a comment

Pluralism of Cognitive Dissonance

Posted on January 13, 2016 by admin

Pluralism is the enemy of science. At any given time, science deals only with a single most correct theory in any particular domain, not with multiple incorrect theories. There is a huge difference between evaluating many new ideas and the … Continue reading →

Posted in Econoclasm, Economics, Science | 7 Comments