Introductory Article
Democracies are not Meritocracies. And when the voters make indiscriminate economic decisions, disaster often ensues - consider Venezuela for example.
Let us first try to clarify our subject. The wikipedia definition of economics is as follows : 'the social science that studies the production, distribution, and consumption of goods and services'
Somethings can be pointed out here - our primary focus should be on how goods and services are made available to people (money is at best a secondary concern). You will find, as you browse through the various articles here that we will fall back on our definition often.
This website is intended for the democratic voter to give them at least a
basic grounding in how economics work, so that they may make sound
decisions and avert disaster in their countries. I thank you for
visiting and welcome you. All feedback is greatly appreciated and is
best left as a comment for me to review. So lets get started!
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