March 2018 -

China’s Constrained Military

March 21, 2018 James Nolt 0

Recently China announced an 8.1% rise in military spending for its 2018 budget. This is the largest increase in several years, but it represents continuity […]

Capital Confusion

March 8, 2018 James Nolt 0

Neoclassical economics, the brand featured in standard textbooks, has been mired in conceptual confusion since its founding almost a century and a half ago. It […]

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What is missing from economics?
Private power and strategy.
This time we explore a little deeper two of your key concepts: private power and strategy with Dr. Nolt.
What causes financial crises?
This video explains that financial crises have simple explanations. Economists teach that they are extraordinary and unexpected phenomena, not explicable from normally stable economic processes. We will discuss why this misses an obvious explanation for the regular occurrence of such crises through history.