Economics Archives - Blowing It

Over Catering To Consumers. Avoiding Failure #236.

The Customer Is Not Always Right. And We Need To Stop Over Catering To Consumers. For All Our Long Term Benefit. When you have the Walmart’s and Amazon’s and The Uber’s and Lyft’s of this world over catering to consumers. It creates a distorted understanding of the true cost it takes to get products or…

Is The Amazon Economic Model Destroying The Fabric Of Our Society? Avoiding Failure #230.

Amazon And The Tech World Are Fundamentally Changing How We Operate As A Society. Depending on what edge of the financial spectrum you fall on. It could have great benefits or substantial cost. We see it all over the major cities along the West Coast. As software companies take over an area. Housing cost become…

Paying Extra For Water With A Tea Bag. Avoiding Failure #228

Purchasing Tea At A Cafe. Where Common Sense And Capitalism Clash. I completely understand the concept of charging more for the enjoyment of more. Tea is an interesting category though. If you order it at most any cafe you are presented with a choice paradox. On the one hand they charge more for each increasing…

Pouring Money Into An Infrastructure No One Wants Or Needs #175.

Why Pour Money Into New Infrastructure For Bike Lanes In An Over Crowded City? If The Result Causes More Crowding And Even Less Bicyclist? As is the case in the city of Seattle not only have city officials poured millions of dollars in infrastructure cost down the drain. Attempting to create a bike friendly city….

Hospitals Denying Treatment And Recommending Crowdsourcing To Fund Medical Bills #160.

So It’s A Big No To Socialized Medicine But The Medical Field And Insurance Industry Want You To Socialize Your Finances With Crowdsourcing. In Order To Pay Them Their Exorbitant Fees. Just find the money elsewhere. A story recently came out of a women who was denied being placed on the heart transplant list. Because…

Corporate Panhandling (Blowing It Scenario #142).

Supporting Charities Is A Noble And Worthy Gesture. However, Do You Ever Question Why Corporations Panhandle For Your Money When You Go To Purchase Your Items At Checkout? Everywhere you shop now, as you pay for your groceries or whatever you’re currently shopping for, the checkout clerk will always asks you if you would like…

Zero Leverage (Blowing it Scenario #141).

You Can’t Expect To Change An Outcome Or Lift A Heavy Load Without Leverage. A recent strike of the operators union in my home state has shut down a lot of construction. While it was going on, I overheard a construction worker say he doesn’t imagine it will last long. He assumed when the operators…

Automatization Of The Economy (Blowing It Scenario #131)

Machines And Robots Do Not Purchase Goods. How will the economy function when most of the workforce can be supplanted by robots or machines? What else has the power to make life exponentially better and at the same time drastically more difficult? That’s the conundrum with machine learning and working machines. On one hand its…

Real Estate Paradox (Blowing It Scenario #127)

A Shelter For Your Family Should Not Be Purchased As An Investment. Nor Should An Investment Property Be Purchased As A Family Dwelling. Home values before 1986 we’re reasonably priced. They rose with inflation which had some what of a gradual predictable climb. You could take care of your family and live in one home…

Blowing It Scenario #110-Government Red Tape

Do We Really “Own” Anything? Or is it all an illusion? A carefully crafted faced to give us the assumption that we own our lives. Want to drive a car? You have to pay the government for that right. Want to own a house? Same deal there, you’ll pay property taxes annually. Miss a payment…