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Testimonials
“In Curtis Greco’s new book, you’ll find out why having the right to vote is just the beginning, and why organizations who promote voter education and engagement are so important for preserving the bedrock of what makes America great for generations to come.”
-Chrissy Faessen, Rock the Vote
Tag Archives: demand
Sharing Economy | A futuristic solution or A scheme of collaborative decay (P3 of 3)
Let us go back to economic fundamentals: All demand, and thus economy, is local. The principal is an inseparable component of a vibrant economy, i.e., Demand in Search of Supply in possession of a capacity to trade for said Supply.
Doubt what I say is true? Go to your local grocery story and explain to the manager that you are starving (demand in search of supply) but have nothing to give for the food (capacity) you require or you attempt to exchange (compensate) him/her with something of value that is uncommon to his interest in accepting.
Sharing Economy | A futuristic solution or A scheme of collaborative decay (P1 of 3)
More and more akin to a Neo-Zombie Shape-Shifting fantasy the hype of the “Mesh”, “Pear to Pear”, “Collaborative” economy, a model built on the notion of shared human and physical resources, has one significant problem: Due to the models migratory/transient nature the vertical or horizontal benefits are quite narrow and often short-lived and too often accompanied by little to no contribution toward maintenance of the economic infrastructure upon which the model feeds.
Lost Value & the Economics of Entitlement
Is there value in Demand created by a market? Is the U.S. (the American People) a market? If the answer to these questions (both) is “yes” then you’ve begun to understand the great economic battle the American public is losing and which centers on a concept which I refer to as the Value-of-Demand Principle (VDP).
Few economists understand the concept and even fewer politicians grasp its significance. The entire notion of economy centers on a fundamental attribute that we think of as demand. Without demand there is no command for supply and without your own economy (some “thing” you have or produce which you can offer to exchange) then supply becomes supremely meaningless.