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aMr. Volcker is a great man who had the courage to lead this country through the uncharted waters of stagflation in spite of intense political pressures to do otherwise. He is indeed one of a kind. He responded to the failed policies of Keynesian economics in a very un-Keynesian, un-polit...
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Learn more about this topic: Returns to Scale in Economics | Definition, Types & Examples from Chapter 3 / Lesson 71 326K Understand the meaning of returns to scale in economics. Learn about increasing returns to scale, constant returns to scale and decreasing returns to scale. ...
OnJuly 5, 2024ByTony Kendzior, CLU, ChFC - Financial PlannerInEconomy & Markets,Global Economics,Political Comments,Retirement Planning,Uncategorized1 Comment My Comments: I’m relatively powerless as I'm just one of almost 333M people now living in these United States. But I have a voice an...
Therevelation principleofeconomicsis that truth-telling, direct revelation mechanisms can generally be designed to achieve the Bayesian Nash equilibrium outcome of other mechanisms; this can be proven in a large category of mechanism design cases. Put into other words, the revelation principle holds th...
On June 11, 2024 By Tony Kendzior, CLU, ChFC - Financial PlannerIn Global Economics, Investment Planning, Retirement Planning My Comments: As of right now, ocean temperatures has absolutely nothing to do with financing your retirement or how to best accumulate and invest your money to satisfy...
On August 13, 2015 By Tony Kendzior, CLU, ChFC - Financial PlannerIn Global Economics, Retirement Planning My Comments: If Saudi Arabia ceases to function and Iran has a nuclear weapon, what are the implications for the rest of the world? I accept that I’ll be just a memory by 2045...
On June 14, 2017 By Tony Kendzior, CLU, ChFC - Financial PlannerIn Global Economics My Comments: There are changes afoot, and 45 and his cronies seem to have few clues. Or, more likely, they don't give a damn. The disparity between those at the top of the economic food chain and...