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Showing posts from September, 2014

Existential Economics: The Fallacy of Demand-Side Economics

We too often accept that the measure of our own successes must naturally hinge upon the extent to which we are able to include or contribute to the lives of others, but this is, of course, untrue. We can take hold of our own personal lives to enhance them by our own original outlooks, creations, and mechanisms by which life is to be principally and existentially measured and supported, and through which our living, breathing moments may be enriched by the commensurate degree to which we are able to satisfy those personally defined measures. We may in fact face reality with nothing more than our own perspectives and the product of our own labor. This is all too possible. 

Indeed, as Adam Smith wrote, one may largely benefit from his immersion into the divisions of labor, but one is held by no obligation, but of his own choosing, to respond to this inherent material advantage. Moreover, one may operate his own economy which serves nothing but the satisfaction of his own desires. He may b…