PinnedKevin CoxMarket Failures and How to Correct ThemHave you ever wondered why rich countries get richer but less productive each year, why ten people possess as much wealth as the poorest…Apr 1Apr 1
PinnedKevin CoxIn Economics, “The Model is the Message”In 1954, Marshall McLuhan coined “The Media is the Message”. McLuhan proposed that the communication medium itself, not the messages it…Jan 26Jan 26
PinnedKevin CoxA Failed Economic Experiment and How to Fix It.In 1981, both the government and the opposition agreed to implement the recommendations of the Campbell Report, which advocated for the…Jan 26Jan 26
PinnedKevin CoxProActive Algorithms: An Approach to Market Stability and Wealth Distribution by Sharing Future…Economic theory uses negative feedback control in competitive markets to control the production and price of goods and services. ProActive…Jan 8Jan 8
PinnedKevin CoxCommunity Capital and Social EvolutionSocial learning is to ideas what natural selection is to genes. Both are ways of picking out good solutions from a sea of variety. Mark…Apr 17, 2022Apr 17, 2022
Kevin CoxMaking MoneyPeople believe we make new money by investing, but investments don’t generate money. They lead to a profit or a loss. Profit comes from…3d ago3d ago
Kevin CoxFairGo Housing Pty LtdFairGo Housing Pty Ltd buys and sells homes where residents own the title and buy the dwelling incrementally without needing a loan.4d ago4d ago
Kevin CoxEconomic SustainabilityHumans survived by working together to share their surpluses with other humans who reciprocated. The tit-for-tat algorithm expresses this…6d ago16d ago1
Kevin CoxProfits do Not Increase the Money SupplyWhen a business makes a profit, it charges more for its service than it costs to produce. The business increases the amount of money it has…Sep 22Sep 22
Kevin CoxIs Your Bank Overcharging You?If you have a credit card, a home loan, or a small business loan from any bank in Australia, you are almost certainly being charged twice…Sep 20Sep 20