Tag Archives: Economy

Thoughts on Cutting Government Spending

Posted on February 10, 2025 by Richard Heyduck

There’s been much commentary about cutting government spending lately. I have a few thoughts: Any large opaque organization is going to have wasteful spending and people who know how to attach themselves to profit off of it. The US government … Continue reading →

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How’s the Economy?

Posted on July 17, 2024 by Richard Heyduck

I understand the claim that “the economy is doing great.” Inflation (the rate at which prices are increasing) is down. Unemployment is low. The stock market is booming. “The economy is doing great” isn’t the whole story; it’s not the … Continue reading →

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The American Dream?

Posted on January 23, 2015 by Richard Heyduck

 What has America come to that we are dreaming about counter tops? If we had an epidemic of defective counter tops, I might understand this phenomenon. Say, for example, that faulty or sub-standard counter tops were causing 3.4 deaths per … Continue reading →

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What’s the Price?

Posted on January 19, 2015 by Richard Heyduck

Theologian Roger Olson turns to a non-theological subject, the way prices are computed in contemporary markets. He observes, For example, many city newspapers are basing subscription rates on: length of time a subscription has been steady, zip code and income … Continue reading →

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Free Community College!

Posted on January 9, 2015 by Richard Heyduck

Why is there such a thing as COST? Why isn’t everything just free? Cost is a way of showing the relative value of things. When we see that one thing costs more than another, we can take it as an … Continue reading →

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Devaluation

Posted on September 28, 2013 by Richard Heyduck

Reading this post from Tyler Cowen reminds me of one of my perceptions of our current economic crisis: Whether deflation is happening in the US or not, we are facing an major societal pressure toward devaluing. 1. We see increased … Continue reading →

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Great Devaluation?

Posted on April 5, 2013 by Richard Heyduck

I could be all wrong, but… We’ve been raised to call that socio-economic event of the 1930s the “Great Depression.” So what do we call our recent (current) socio-economic event? It’s clearly not been as bad as the “Great Depression.” … Continue reading →

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