EconAir

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 American History American Economic History Politics of the United States The Roman Republic and America - Differences and Some Possible Parallels China India The theme of the following five sections of the blog is that innovation, not price competition, is the basis for understanding economic growth, competition, and analysis. Basic Concepts and Theory Market Behavior and Structure Market Dynamics and Information:  How Markets Work Economic Theory and Markets Corporate Strategies Management 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 The world seems to be in the midst of radical political and social change...

  As that great comic strip character Pogo said: We Have Met the Enemy and He Is Us.   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 individual liberties...

  The Pantheon   Remember, Roman, that it is yours to lead other people. It is your special gift.      Virgil,  The Aeneid   We are the indispensable nation.  We stand tall.  We see further into the future.      Former Secretary of State Madeleine Albright A Roman General Comes to Washington                  Imagine an educated patrician Roman officer from around 20 BC. He has spent most of his military career in the last decades of the Roman Republic and now is a legion commander in the first years of the Roman Empire of Caesar Augustus. Rome is at the height of its power and influence, acquired through conquest during the Roman Republic. Now imagine he is transported through time to today’s Washington. After marveling at the new technology (horseless chariots?), like any curious tourist he would start to look for similarities to his hometown, Rome.   The similarities...