Friday, July 31, 2015

Why corruption is essential to the government of a nation?

Why corruption is essential to the government of a nation?


 Corruption is essential to the government of a nation because government requires power 

Thursday, July 30, 2015

What is the number one wisdom?

What is  the number one wisdom?
The ability to guess people’s internal states from very little information. 

Wednesday, July 29, 2015

What is a good deal?

What is a good deal?

A good deal is a deal that gives you several paths to reach your goal.
A good deal is a deal that gives you time to reach your goal.
A good deal is a deal that lets you  to prepare your glorious day.
A good deal is a deal in which other parties in the negotiations are eager to do business with you.
A good deal is a deal in which other parties in the negotiations cannot walk away without a deal.
A good deal is a deal in which other parties are blinded by wishful delusions that diplomacy always work.
 A good deal is a deal in which other parties have been persuading themselves that their fears had been excessive.
A good deal is a deal in which other parties are ready to concede just about anything you want.
A good deal is a deal in which other parties believe you are deadly serious when you proclaim your intentions.

What is the main characteristic of a dynamic society?

What is the main characteristic of a dynamic society?

Confusion

Why there is not growth in the output each worker produce?

Why there is not growth in the output each worker produce?

There is not growth in the output each worker produce because capital productivity no longer needs labor productivity.

Tuesday, July 28, 2015

Why the world is not concerned about American debt?

Why the  world is not concerned  about American debt?

The  world is not concerned  about American debt because of "efficient borrowing".

Through "efficient borrowing", the financial system encourages American banks to lend to oligopoly companies. 

"Efficient borrowing" is translated into economic activity through oligopolies that rebalance the economy from investment to consumption.

Monday, July 27, 2015

What is the easiest way to fool yourself?

What is the easiest way to fool yourself?

Believing that government is going to help you.