Future of San Francisco Bay Area

In the long run, we’ll all be dead. I suppose nothing is sustainable in the long run. Even so, it doesn’t seem right for us to destroy the environment, or allow a handful of people to hoard all wealth.  — John

Truth And Lies About Business And Jobs

Let’s expose a few lies that Americans hold dear.

“Small businesses create most of the jobs.”

TRUTH:  Small businesses are what? SMALL. By definition, small businesses have few employees.

“Small businesses fuel economic growth.”

TRUTH:  Most small businesses FAIL within the first five years. Often within the first year. When they close their doors, they create unemployment.

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A Brief History of (Re)Distribution

(Re)distribution.

Mitt Romney is willing to go straight to the heart of issues that politicians usually avoid. Whether you agree or disagree with him, he’s helping us understand.

Economics is the study of the distribution of scarce resources. (I think that’s a valid statement.)

Isn’t it always about distribution?

Isn’t all of history about distribution? The distribution of scarce resources, of wealth, of power. Who owns what? Who has a right to what?

Aren’t most wars fought to redistribute land, wealth, and power? Land and the resources on or under the land are the fundamental scarce resources.

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