Inflation and deflation are often thought of as macroeconomic trends that impact broadly on national economies. Not always so. Although historians are prone to define periods broadly as inflationary or deflationary, they most often are doing so by measuring only labor and retail price movements....
Coronanomics 201 America’s wealth is eroding. Its economic pie is shrinking …, and slices soon will be getting smaller. The focus of Coronanomics 201 is on the size of America’s metaphorical wealth/wealth-creating pie …, and on how its size has been affected by the novel Coronavirus. America’s...
Negotiation as Art Being a successful negotiator means mastering an art, which requires years of practice as well as the integration of massive amounts of data. Just as there are only a very few master musicians, so there also are only a very few master...
Plutocrats and Plutocats A “plutocrat” is a person whose wealth gives him power – put simply, a “plutocrat” is a very, very rich person. Recently, however, the media and politicians have begun using the term “plutocrat” negatively pointedly … as a disparagement, a label that...
The Role of the Corporation in America America’s corporations and their CEOs – in fact, the concept of corporatism and American Capitalism themselves – have been under attack from a broad swathe of the public. What was conventional wisdom in the 20th Century – with Americans...
