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Showing posts from June, 2020

Will the Free Market or Command Economy lead the future?

Also Published on Medium;s Data Driven Investor.
A couple of weeks a go I received a request to review an economic development research paper. One is not supposed to talk about a paper that  has not been published and so I will reveal only that the invitation came from an international organization and the subject of research concerns the microeconomic sector in another country.

My task in reviewing the paper was merely to say whether it met the standards of research and not to weigh in on its ideology, which I can do here, as long as I keep the paper anonymous.

I rejected the paper for publication because it did not meet any of the standards  listed in the reviewer instructions for a research paper. I categorize the paper as a policy advocacy paper pretending to be a research paper. I wondered if it was a test to see If I can recognize the difference between a real research paper and a fake one in this era of fake everything.

I submitted my review before the deadline, Today, one day …

A New Industrial Evolution

Contemplating A Brave New World
The reality of the world radically changing through an act of nature is difficult to comprehend even as we are living through it. We are adapted to our norms but they are shifting under our feet. How do we move forward when our norms are no longer our anchors?

Political actors call for Governor’s to reopen the economy or resign, as if, reopening will bring about a return to a former normal.

Reopening the economy will not cast a spell and bring back normal. In Boothbay Maine, where I live, the primary industry is hospitality, one of the hardest hit industries. Most do not want to risk their lives and those of their loved ones by exposing themselves to a virus which is still mutating and we still know little about.



The demand for re-opening eludes the calling for the reinvention of our economy and our culture and the big question: Are we entering the post globalist age? The potentialites are too enormous to wrap one’s mind around and so conventional politic…