Category Archives: The American Economic Psyche

Creativity vs. the 0 sum game, Romney vs. Obama

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Last night’s presidential debate revealed two individuals and by association two political parties with fundamentally different economic beliefs and therefore visions for the United States. Since the government plays such a big role in our lives it’s instructive to consider … Continue reading

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Civics 106 – Economic Advice for the U.S. government from former Clinton Secretary of the Treasury

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Robert Rubin, President Clinton’s Secretary of the Treasury had a great op-ed piece in the Wall Street Journal yesterday.  He said there’s five basic risks facing the U.S. if we fail to get our fiscal house in order.  They are … Continue reading

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Civics 104 – What Would You Do?

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Last night I had dinner with an old and dear friend.  As happens between us we got to talking about the upcoming U.S. presidential election and the state of the union.  As usual we had different ideas about what to … Continue reading

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WHY THE AMERICANS ARE SO RESTLESS IN THE MIDST OF THEIR PROSPERITY

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This is the second in a series on the foundations of the American economic psyche.  Once again I turn to Alexis de Tocqueville and his two-volume Democracy in America which is reprinted from the University of Virginia’s on-line version. In certain … Continue reading

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OF THE TASTE FOR PHYSICAL WELL-BEING IN AMERICA

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10 years or so ago I was fortunate to rediscover de Tocqueville.  I say rediscover because while I may have read bits of his two-volume Democracy in America I certainly didn’t read it in its entirety.  In any case I’ve … Continue reading

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More about Creativity – Malthus

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Thomas Malthus scholar, clergyman, philosopher, writer and political theorist was one of the most influential thinkers of the 19th century. He made important and significant contributions to economic, political, social and scientific thought. He is even credited with introducing the … Continue reading

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More about Creativity – Ayn Rand, Money and the United States

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In Basic Financial Literacy – Part 2 – Creativity I said “The knowledge that things are scarce doesn’t translate into docile acceptance nor the extinguishment of wants or desire.  Rather it nourishes the will to survive, to create, to overcome … Continue reading

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