One of the most gratifying parts of getting to sit in the Big Chair while Tom’s out spreading the word is the quality of the folks reading and commenting here. It’s also the most exhausting part, and I’m bushed!
For today, I meant to wrap up my meandering discussion of some fundamental economic concepts from the seldom heard, free-market side of economic thought, integrate them into a model that explains how we end up with things like frankenfoods, a medical research establishment that has been turned into a lobbying arm of Big Pharma, bad health, and finally, what you can do about it.
Unfortunately, there’s way too many really smart Fat Heads out there, some of whom disagree or want to trade ideas. If you’ve been reading the comments, there’s been threads way longer than my already long posts, and we’ve gone way out in “the weeds” from just the economics of food and nutrition and human behavior, into health care (inevitable, I guess), government’s role generally, the monetary system, etc. Which I just love.
When someone takes time to write out a well-reasoned response along with facts and arguments that question my thinking and conclusions, I feel obligated to expand on the topic. Flattered, too. Especially when it’s someone who disagrees with me. Robust debate between people of good will and differing opinions is how we move forward in the philosophical pursuits, within which the Austrian School includes Economics. (Keynesians think they’re scientists. This was a point of contention in a comment “Pierce” and I chewed on in Part II)
At any rate, these last two posts, contra to my initial fear of being met with snores or cries of boredom (well, there was one, probably more just didn’t let me know), kicked off some of the strongest debates I’ve initiated, which has kept me challenged and busy. Good challenged and busy.
I also had a client meeting last night, a couple for tomorrow, did my last guest speaker engagement for the semester this morning for the Economics class at Lutheran High, spent the rest the day at an out-of-town meeting, and am off momentarily for a Power Squadron meeting (if you have a boat, find your local squadron and join!). So regretfully, I’m not going to be able to complete the finale until the weekend.
If you’re interested in wide-ranging economics ideas generally and haven’t read the comments on Parts I and II, I’d invite you to read through them. For those of you who’ve commented, thanks for keeping me on my toes.
The Older Brother