GDP

Elon Musk
U.S. AIR FORCE ACADEMY, Colo. -- Tesla Inc. Chief Executive Officer Elon Musk speaks with Lt. Gen. Richard Clark, Superintendent of the U.S. Air Force Academy, during the Ira C. Eaker Distinguished Speaker Presentation in the Academy's Arnold Hall on April 7, 2022 in Colorado Springs, Colo. (U.S. Air Force photo by Trevor cokley)

Elon Musk Gets an A in Econ. Janet Yellen Gets a D-

Elon Musk and Julian Simon are right. Janet Yellen and Thanos are wrong. More human beings create much more wealth for all of us to enjoy, if given the freedom to innovate by learning and discovering new valuable knowledge to share in free markets. Invest in people. We pay the highest dividends. Read More ›
ponzi-scheme-text-with-document-brown-envelope-and-gavel-isolated-on-office-desk-stockpack-adobe-stock
Ponzi Scheme text with document brown envelope and gavel isolated on office desk.
Ponzi Scheme text with document brown envelope and gavel isolated on office desk.

Demographic Collapse #2: Ponzi Schemes

I have been arguing that a decline in population (“demographic collapse”) need not be a bad thing. If per-worker productivity remains high, or better yet rises considerably, then individuals and the society in general will remain wealthy and prosperous. Read More ›