Tags » Economic Systems

Should we have a Universal Basic Income?

I posted on this issue last year when Kim Hill (Radio NZ) interviewed Paul Mason  – author of Post Capitalism (now out in paperback). Mason makes the point that we are going to live through a long transition from capitalism – the state and the market to post capitalism which is the state, the market and the shared collaborative economy. 411 more words


Too Far, Or Just Far Enough?

There are some humans who agree with some of the Forbidden Truth insights of the human condition I have revealed within My texts, and even agree with the need for the absolutely brilliant solutions and reforms I so comprehensively express and detail. 267 more words

Social Commentary

Economic Systems and Project

Soon my students will be woking on a project over economic systems. The goal of this project is to get students familiar with different types of economic systems and have them create a presentation over the economic system they think is the best. 290 more words

Econ: Economic Systems Review

Basic economic questions, economic goals, types of economic system, strengths & weaknesses of economic system.


Econ: Economic System Strenths and Weaknesses

One of the few advantages existing in a traditional economy is that the roles of individuals are clearly defined. Every member of the society knows exactly what they are to do and most don’t have any complaints about it. 544 more words


Econ: Economic Systems

Chapter 2 Quiz

Good luck

Just as forms of government vary from one nation to the next, so do economic systems. People and societies organize economic life to deal with the basic problems raised by scarcity and opportunity cost through what is called an economic system. 111 more words


Welfare economics in Econ 101

I’m wondering today, on an otherwise lovely Friday, how soon to introduce welfare economics into an introductory economics course.

I know. Bear with me.

I think one of the most fundamental jobs of introductory economics is to start to build the famous “invisible wall” between positive and normative economics. 1,146 more words