Archive for Economics

Overcoming Hamilton’s Curse, Part 3: Habits & Complexes

by: Oliver DeMille March 11, 2010

Specific Solutions that Only Entrepreneurs Can Provide
This is part 3 of a 5-part article.
Read Part 1 Here
Read Part 2 Here
There are at least two major roadblocks hindering this needed Freedom Shift.
The first is habit. Our society has become habituated, at times addicted, to certain lifestyles.
For example, when the recession hit, people spent more money, not [...]

Overcoming Hamilton’s Curse, Part 2: Major Challenges

by: Oliver DeMille March 10, 2010

Specific Solutions that Only Entrepreneurs Can Provide
This is part 2 of a 5-part article.
Read Part 1 Here
Consider the major problems we are facing.
Most are the natural results of too much reliance on institutional size and power and not enough initiative, innovation, and leadership from “little guys.”
Of course, the few who are entrepreneurs do an amazing [...]

Overcoming Hamilton’s Curse, Part 1: Failed Solutions

by: Oliver DeMille March 9, 2010

Specific Solutions that Only Entrepreneurs Can Provide
This is part 1 of a 5-part article.
When America decided to follow Alexander Hamilton’s economic model instead of the Jeffersonian system, a number of changes occurred which now haunt our generation.
Jefferson envisioned a nation of small farm and shop owners that spread around leadership and prosperity, while Hamilton preferred [...]

21st Century Georgics: An Introduction

by: Hyrum Lefler March 8, 2010

A key factor in maintaining freedom is sustainable economic forms.
Are you maintaining freedom through the financial principles and practices you are using? Have American families adopted the economic forms necessary for the preservation of a free people?
The average American household pays over 34.5% of every dollar earned to interest payments. Forget about [...]

Entrepreneurs of the World, Unite!, Part 4

by: Oliver DeMille March 5, 2010

Click Here to Download a PDF of This Article
This is part 4 of a 4-part article.
Read Part 1 Here
Read Part 2 Here
Read Part 3 Here
The Growing Popularity of Producer Education
Consider what leading thinkers on the needs of American education and business are saying.
In Revolutionary Wealth, renowned futurist Alvin Toffler says that schools must deemphasize outdated [...]

I’d Rather Have the Guinness

by: Bryan Hyde February 24, 2010

Given the economic uncertainty of our time, it may be helpful to take a step back and gain a broader perspective.
Much of the concern being expressed today over the rising cost of living and the shrinking dollar has more to do with how they impact our ability to enjoy our favorite material pursuits and less [...]

Increase Your Abundance by Giving it Away

by: Stephen Palmer February 12, 2010

Creating wealth is simple: Inventory all of your resources and, if you’re not utilizing them, begin to use them to productively, or give them to someone who will use them.
“Productive use” means using resources to fulfill human needs and desires. In other words, figure out what people want and give it to them.
We’re not given [...]

Georgic Economics: The Genesis of Liberty

by: Hyrum Lefler February 8, 2010

A “Georgic economy” occurs when families plant seeds after preparing the ground; they then water, tend, protect, and eventually harvest.
In our modern day, it is experienced by families who adopt Georgic principles in their finances. It is compared to banking as well: Banks plant seeds (of capital) and harvests increase over time.
When America shifted from [...]

3 Magic Seeds: How to Teach Your Children the Entrepreneurial Spirit

by: Stephen Palmer January 28, 2010

Last year the Action Foundation for Entrepreneurial Excellence published a great article entitled “3 Magic Seeds: Discovering the Entrepreneurial Spirit” (link shared with permission from Jeff Sandefer).
It provides an excellent three-part formula for teaching youth the entrepreneurial spirit. Anyone who understands the power of mini-factories and believes in generational thinking should read the article and [...]

Freedom Leadership: America’s Opportunity

by: Oliver DeMille January 27, 2010

Futurist John Naisbitt wrote in Mindset that success in the 21st Century will go to the opportunity leaders, not the problem solvers.
America hasn’t yet figured this out. The focus of our leaders — political, corporate, media — seems mostly on problems.
As Fareed Zakaria argues, the current debate in the United States is totally out of [...]