Mark Zuckerberg wrote a 6,000-word manifesto on the history of humanity and how Facebook will shape humanity’s future. Zuckerberg’s manifesto has been subjected to a large backlash among the intelligentsia of the internet, and although it has problems, I’m glad he…
Blog Archives
Is it dangerous for a business to follow a moral philosophy other than maximize profit¿
Posted in Managerial Micro, Public Finance
The Democrats are out of control. #2: Health status.
The New York Times reports that President Clinton may have lied about her health during the campaign when she claimed that she only takes an aspirin and a single prescription drug. Her doctor revealed today that she has been taking…
Posted in Public Finance
The Democratic Party is out of control!
In an unexpected by turn of events, Hillary Clinton assumed the American presidency last week due to a narrow election win that surprised pollsters and most experts. There were mass protests by conservatives during the inaugural weekend as they feared…
Posted in Public Finance
We Pencils
Introduction: This essay is guest authored by a group of pencils. Yes, we are a bunch of ordinary writing instruments. Even though any one of us is very dumb, even a group of idiots can produce something much greater than the…
Mmutilitarianism: The accidental ethical foundation of economics and business.
Everyone has some sort of moral philosophy whether they realize it or not. The three major schools of ethics are deontology, consequentialism, and virtue ethics. Deontology is an ethical system based on legalistic rules that impose a duty on everyone’s…
Posted in Medianism, Public Finance
The rust belt isn’t as rusty as the cotton belt.
Trump won the election by swinging several rust belt states. Several pundits have written about the economic struggles of the rustbelt and how that contributed to Trump’s win there. Yglesias argues that these narratives are misleading because the rustbelt isn’t…
Posted in Public Finance
Fixing the machinery of democracy
The goal of medianism.org is to focus less on a minority with elite power and more on the vast group of people in the middle or even below the middle. In economics, that means focusing more on the median income,…
Posted in Public Finance
Medianism 