THE GDP

The commonly used term “GDP,” (Gross Domestic Product, formerly GNP, or Gross National Product), is perhaps one of the least understood terms. Not because it is any mystery, but because one of its prime ingredients is not included in most thoughts, be they amateur or professional. It’s like a cake recipe, which leaves out the […]

The Refrigerator and the Government

We all have “ice boxes,” (refrigerators) as my ancient vocabulary is wont to call them. The antique “ice box,” is now a highly collectible, expensive item when purchased in antique stores, and especially if one is in good condition. For you youngsters, the “ice box”, was a primitive refrigerator. (Us oldsters still call refrigerators ice […]