Tag Archives: companies

Economic Substitution Revisited: Unraveling the Firm

Traditionally, the field of Economics has used something called a “production function” to describe a relationship whereby inputs (in the simplest of models, these might simply be “labor” and “capital”) are turned into outputs (many economists refer to some abstract … Continue reading Continue reading

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What is right / wrong, good / bad about self-promotion

In the 20th century, self-promotion acquired a bad name. I think I can explain why, but explanation is rather complicated. After the modern capitalism was invented in the 18th century and became widely established throughout the western hemisphere in the … Continue reading
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Sit around at night, listen to the radio…

Yea, you’ve got think about the pros and cons — listen, here: it could be right, and it could be wrong…. Continue reading

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