Continuous Improvement! Of Course, the Economics Text Books are Basically Wrong Which is Why the Fed's Policy is so Messy

Throw thirty years into a real economy and the thirty years you missed in your textbook make it obsolete, as well as your economy, if it doesn't reform constantly. That's the missing factor in text books. Call it capitalized labour, innovation, technology embodied in capital, market change, competitive restructuring. Well, the economic text books don't cover it very well, freakonomics or not! Everything has to improve continuously to match the reality of technical change.

How do we stay on top of our changing environment?

We do it by continuous education of our total workforce. To make an incentive, we need to value the process of improving continuously. We do that by making psychological factors pull and push us forward.

How does flooding the money market help? I have no idea?????

http://dealbook.nytimes.com/2010/12/08/for-schwarzman-the-action-is-anywhere-but-here/

Will not time reveal the lasting importance of friends and mutual respect? Be kind to those who think well of you and those you know and try to add positive elements to your world. Promote peace in your heart and sunshine in the minds of those around you by your own good works. Elevate the level of discussion by thinking less of the issues and more of how you can reduce the tension of stress that arises with honest disagreement. Relax by breathing more deeply and consciously.