Archive - Feast & Famine World

Question 4: Does GDP stand for Grossly Distorted Priorities?

How the flawed metric created a façade of success, hid the abject economic failure, and opened the door for populism and the extreme right.

Feb 19, 2025 • ~4~waterholic

Question 3: Is Consumption a Valid Measure of the Economic Performance?

Using alternative measures, the US economy failed to improve since 1980 and lags considerably behind that of Germany and France.

Feb 5, 2025 • ~4~waterholic

January 2025

Question 2: Are resources scarce?

If scarcity is a real economic problem, why then most business founders find selling products and services the hardest thing to do? Is scarcity real?

Jan 21, 2025 • ~4~waterholic

Question 1: Is our system as good as we thought at allocating resources?

The case of futile labour, five hundred watches and children that go hungry.

Jan 3, 2025 • ~4~waterholic

November 2024

Seven Inconvenient Questions

Retiring the "Invisible Hand" myth

Nov 30, 2024 • ~4~waterholic

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