Economics Learned

In this category we focus on the workings of the economy as a whole rather than in the viewpoint of anyone group or person. Social and national policies rather than individual policy are our goals. Too often, “everybody’s business is nobody’s business.” It is just as well, therefore, to clarify that I am not going to pretend to teach you how to run a bank or a business, how to spend money wisely, or how to get rich quick from the markets. But it is to be hoped that general economics will provide a useful background for many such activities. This new section of IAAM does not replace anything else.  Periodically we will weave our way through a labyrinth of economic fact, theory and myth.