Does the “Economy” Actually Exist?

On a regular basis various “experts” in the field of economics make comments on the state of the “economy.” For instance, they report that the “economy” grew by such and such percentage, or that the widening in the trade account deficit threatens the “economy.” According to commentators, the “economy” produces goods and services, called total national output. Once the output is produced, what is then required is its distribution among individuals in the fairest way.

What’s a Fair Wage?

One of the most common grievances people have with their employers is about their pay. Many lament that their employers inadequately compensate them for the work they do, and that their salaries are too low. In their opinion, the free market is to blame for salaries being too low as companies hold bargaining power while the employees simply take whatever they can take. However, this sort of argument implies that work has intrinsic value and to state that is to misunderstand the nature of work.

The Utility of a Father in a Financialized World

Homer Simpson, Ray Romano, Randy Marsh, and Hal Wilkerson—all idiots. Good natured, bumbling, and well-intentioned, but idiots nonetheless. The clear implication is that these media-created dads are buffoons at best, and detriments to their own families at worst. Considering Peter Griffin of Family Guy has a stated IQ of 70, these near-neanderthals are certainly unnecessary in family life—except as an easy punchline used to cue the laugh tracks. Of course, the aforementioned half-wits are offset in media portrayals, not with wholesome, discerning, and forthright fathers.