Small silhouette of Doug Wolkon WELCOME TO PLURANOMICS, THE ECONOMICS OF MANY.

Japan

What You Believe You Know

They say that believing and knowing are two different things. Believing may be exciting or hopeful, but it is without the logic of knowing. To figure out the difference, lets ask ourselves some questions about the economy?

Do you believe that our banks are lenders, or do you know that they are borrowers?

Do you believe that our money markets are risk-free, or do you know that funds were lent to Lehman Brothers and AIG?

Do you believe that solar energy is more expensive than “alternative” forms, or do you know that silicon, the natural resource used to make Solar Panels, is the second most abundant element on earth after oxygen? Continued »