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FIND POSTS BY CATEGORY The Beginning of the Modern Global Economy:  The Economic Rise of England Before the Industrial Revolution The Beginning of the Industrial Revolution in England and America The theme of the following five sections of the blog is that innovation and information, not price competition, are the main factors for understanding economic growth, competition, market structure and analysis. Basic Concepts and Theory Corporate Strategies And Management Market Behavior and Structure Market Dynamics and Information:  How Markets Work Economic Theory and Markets There is beginning a historic change in future populations and their demographics. This will interact with other variables and have a serious, maybe profound, effect on future economic growth. Demographics, Population Projections and Economics American History American Economic History Politics of the United States The Roman Republic and America - Differences and Some Possible Parallels China India Niger...

America's 250th Birthday: Which side are we now?

  As that great comic strip character Pogo said: We Have Met the Enemy and He Is Us. Introduction   Happy Birthday America! Democracy and individual liberties have survived for 250 years. Slavery was eliminated after a long and bloody civil war. The right to vote and civil liberties were extended to all Americans. America innovated the Industrial/Information Revolution and made the country the largest and most technologically-advanced economy in the world. In the 20 th  century, America opposed and helped defeat authoritarian and totalitarian regimes. America was an inspiration to all people who opposed tyranny and oppression. From 1607 onwards, America was a special country built by immigrants and their descendants.   This celebration should commemorate the 250 th  birthday of the signing of the Declaration of Independence, which stated the basic rights of Americans and denounced the “tyranny” of King George. The preamble is a statement of the ideals of individ...

The Roman Republic Commits Suicide: A Cautionary Tale for America

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Roman Legion Why Study Rome? Americans have focused on comparisons between Rome and America twice in American history.  The first time was during the period from before the Revolution to after the ratification of the Constitution and Bill of Rights, when the founding fathers and others looked to the Roman Republic for ideas and inspiration on how to structure the new government. After the American Revolution, the founding fathers, having read the Roman authors detailing the collapse of the Roman republic, worried about internal threats to the survival of their new republic.   The second time was when the United States became a superpower, especially after WWII, and then again after the collapse of the Soviet Union in 1991. Commentators compared America to the Roman Empire at the height of its power. There was some discussion about how America became a permanent warfare state and how it affected domestic democracy and civil society. ...