Tag: positional goods

Getting Better But Feeling Worse (Revisited)

Aug 29, 2008

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by

mwkruse

in Culture, Economic Development, Economics, Human Progress

Regular readers of the Kruse Kronicle will remember that I did my annual series on American Social Indicators in February. In the concluding post, I noted how the great majority of quality-of-life indicators have improved significantly over the past quarter century. Yet more than almost any other time in recent history, people seem pessimistic and…
MEC: Is There a Difference Between Theocapitalsim and Capitalism?

Apr 8, 2008

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by

mwkruse

in Capitalism and Markets, Economics, Environment, Series: Must Everything Change?, Sociology, Theology

I concluded yesterday’s post by observing that Everything Must Change suggests that theocapitalism is an errant form of some more legitimate type of capitalism. Yet McLaren’s critique suggests that capitalism, “theo” or otherwise, is objectionable. Here’s why. Capitalism “Capital” is at the heart of capitalism. The word “capital” comes from the Latin caput meaning “head.”…