BlackEconomics.org® Working Paper There is No Full Accounting for Homo Economicus (HE)—Especially Black HE By Brooks Robinson, Ph.D. Abstract* This working paper suggests that, if the growth in real (human animate) materials (M) factor inputs is reduced sufficiently through appropriate quality adjustment (using appropriate quality indicators), then it is possible that estimated negative multifactor productivity […]
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
Rejecting Known Truths
BlackEconomics.org® Why do humans reject truths that are very well known? Perhaps it is because of “self-preservation is the first law of nature” principles. However, the just-given response reflects duality. When considering it systematically, we discover that certain “self-preservation” principles/actions can prove to be not self-preserving at all. For example, if one ignites a forest […]
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
Economic What Ifs: Premature Deaths of Actual and a Failure to Materialize Hypothetical Black Personalities
BlackEconomics.org® Introduction For a couple of months now, the subject topic has been on our mind. The initial thought was to only deal with the first half of the topic: Premature deaths of important Black personalities in our history. However, we must never forget that if we focus on the past, then we risk living […]
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
Headline Thoughts No. 9: What Is Not Being Said
BlackEconomics.org® Introduction “Headline Thoughts” (HLT) reflect our contemplations of, and conclusions about, recent and important media headlines from a Black American (Afrodescendant) economic perspective. HLT No. 9 considers a current and two past developments that, to our knowledge, have not been presented clearly so that Black America and people around the globe have not been […]
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
Not Easy, But Not Impossible
BlackEconomics.org® Wonderful opportunities and challenges unfold with the alternation of night and day. For example, each day, social media is flooded with new references to a changing world order; a coming “Golden Age” where peace results when truth is used as the primary input to produce justice. Some influencers are more than certain about this […]
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Conventions, Rules, and Just Because They Can
BlackEconomics.org® Introductory Confession Economists have held the “High Priest” position in society since at least the middle of the 20th century. Arguably, this is warranted because in religious traditions priests act as intermediaries between adherents and their deity. In the Western world, domination of the Judeo-Christian-Islamic traditions is accompanied by a deity who is purported […]
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
The Brain and Economics
BlackEconomics.org® This, the third of three recent essays on the mind, reveals that our minds may not exhibit strict linearity. Our minds may not move from a starting point problem directly to a solution. There may be fits and starts. We may go forward and then jump backwards before moving forward again. What we know, […]
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
Black Americans’ Mobility Trap
BlackEconomics.org® A Research Analysis Brief Introduction Young and old Black Americans are enjoying increased access to a wide range of communications tools that enable mobility: e.g., Laptop and handheld computers and telephones (I-Phones and Androids). The ease of communication and the volume of economic/commercial and social engagement made possible by these devices renders them to […]
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
The Human Mind and AI
BlackEconomics.org® Without purposeful intent, last week we began what may become a series of submissions now undetermined in number that emphasize the mind’s role in our lives—especially economically. We confess at the outset that we claim no particular expertise about how the mind functions other than observing and hearing events as part of life’s course […]
EXCEPT WHERE INDICATED, THE OPINIONS EXPRESSED ON THIS PAGE ARE NOT NECESSARILY THOSE OF THE MADISON TIMES
The Mind and Economics
BlackEconomics.org® Beyond life itself, many laypersons and scholars alike around the globe believe that the most important phenomenon is knowledge. We perceive knowledge through our consciousness that is labeled our minds. So, what does the “mind” have to do with “economics”—a word that is most closely associated with production, consumption, and investment aimed at producing […]
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