Money shortage is on of the key reasons businesses fail. Yet, the question is, is it a cause or a symptom? Obviously, it is a symptom of the failure of the plan, or may be even failure to plan. Yet, is it ever a cause of not having a plan? I would argue that lack of money [...]
Tags: 6. Energized Money
GDP does not measure productivity. Very often media and economists refer to change in GDP as improvement in productivity. I will argue that is nothing of the kind. It is a measure of how busy we are trading with one another, but not of how much value we create for one another. It is a measure [...]
Tags: Economics