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Showing posts with the label central management

Will the Free Market or Command Economy lead the future?

business-world  publicdomainvectors.org 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.

After the Restoration, A Reintegration of Cottage Industries?

Down with the Tower to Liberate Diversity ! mitya-ivanov unsplash With the entire world is in a state of transition, I decided to break with my better judgement and to reach out to one of the units of economic development in Maine’s overbearingly centralized economy. I don’t know if it was because I have been reading many articles about money on Medium, or because of it being a time when the old towers of power are in precarious standing that I felt more emboldened than before to speak truth to power. Between the lines the of polite conversation, there was a current of hostility. Central management is aware that I write truthfully of the long history of corrupt practices in Maine’s centrally managed economy . A centrally managed economy uses wealth redistribution as a system of control. Open criticism of the system is neither expected nor anticipated. There is no direct line to be drawn between the undercurrent and the fact that I am a critic of the system but there are

Economic Complexity Theory in the Time of Coronavirus

Originally created for Medium These  vintage prototypes  by Weston Neil Andersen, presented in the images throughout this story, tell of a love for the work process which evolved into our company,  Andersen Design Introduction I grew up in a business in a home that designs and handcrafts ceramics. For a while the business also had a production employing about 25 people in a separate location. It was found that our type of production is better suited to a smaller more intimate setting, such as a business attached to a home. However, over the course of 67 years, the size of the of the line grew too wide and large to be produced in a small studio and I envisioned that the future of production should be a network of small independently owned ceramic production studios, which could function as an interactive network. Last month my idea was an anomaly as if existing in an alternate reality, but as the world turned toward social distancing and sheltering in place, the world