A better theory for understanding and predicting economic activity is based on applying genetic evolutionary principles to explain economic behavior. This time, it is different. The U. S. economy is not going to return to a prior point of equilibrium, or even to a more modest claim by...

Why Would The SEC Delay Doing What Congress Told Them To Do About Implementing Crowd Funding?Most of the traditional economic equilibrium theory would have a hard time explaining why the SEC has not moved forward with rules for crowd funding, under Title II and III of the JOBS Act of 2012.To...

Under monopoly capitalism, the direction and creation of technology is controlled by a small set of corporations, and investment in technology evolution is politically controlled and manipulated event that displaces the free competitive market environment.Schumpeter's essential point, as it...