The economics profession advances by one confusing financial disaster at a time. Adam Davidson advanceconfusedisaster Change image and share on social
Hating Wall Street is an American tradition that dates back even to the days when Thomas Jefferson cursed that money lover Alexander Hamilton. And for centuries, the complaints about it have largely stayed the same: 'It does nothing! It creates chaos! It's a parasite that sucks hardworking Americans dry!' Adam Davidson alexanderamericanback share on social
I'm not the first to admit that raising a child in Park Slope, Brooklyn, can bear an embarrassing resemblance to the TV show 'Portlandia.' My wife and I try to have some ironic distance from the culture of organic, chemical-free parenting, but we're often participants. Adam Davidson admitbearbrooklyn share on social
If the American government can't stand behind the dollar, the world's benchmark currency, then the global financial system will very likely enter a new era in which there is much less trade and much less economic growth. It would be, by most accounts, the largest self-imposed financial disaster in history. Adam Davidson accountamericanbenchmark share on social
The cardinal rule of taxation is that whatever you put a levy on, you'll inevitably get less of. Taxing corporate activity means less investing, less hiring, fewer jobs and a smaller economy, which hurts the rich, the poor and the middle class alike. Adam Davidson activityalikecardinal share on social
The Internet is, among other things, a massive, chaotic marketplace. Too much information, it turns out, is a lot like no information. Adam Davidson chaoticinformationinternet Change image and share on social
Most rich countries have reported increases in happiness as they become richer. Adam Davidson countryhappinessincrease Change image and share on social
If your business is really easy to do, don't gloat. You might be out of a job soon. Adam Davidson businesseasygloat Change image and share on social
A healthy economy is largely a result of a reasonable balance between consumption today and consumption deferred, and it's pretty clear that balance has been ridiculously out of whack for a while. Adam Davidson balanceclearconsumption Change image and share on social
Economics is not a discipline that comes to correct answers - economies are too complex. Adam Davidson answercomplexcorrect Change image and share on social