I don’t think I linked this Post when I first read it; but if I did, it should be read once more. I would enter into a serious discussion of Multiplier effects under the impact of Goal fulfillment if I were a true Working Economist. No one tells the Student that there is a Bell Curve residue to the Multiples observed, dependent upon the level of employment of the Resource involved. This means you have different Outcomes when you have 130 Million employed v. 100 Million employed in this relative Case. Stimulus must be sufficiently large for the Multiplier to show effect in relation to the total involved, but also loses Effect when relative full employment is reached in terms of profitable Production (think that the Multiplier must operate an Environment of $100/barrel Oil with an Overuse of Roads and Harbors).
Jeff Cornwall always presents good material for small business personnel. Readers who are thinking of small business Start-Up should seriously study his blog, especially this particular Post. Most Start-Up personnel do not grasp the depth of their immersion in a community business framework, when they first conceive of starting a business. The fifth link Jeff provides may be the most important of all, though One will doubt this Statement at first. One has to understand How other small businesses are operating, in order to go with the flow, and stay current with awareness of the demands which will be placed upon your endeavor. You have to know what you are looking for, before you can find it.
I have often thought about the exact nature of cognitive association. This compilation by Greg Sabin makes me ask why he would chose such a disassociative grouping, other than to develop some Trivia questions. We have Death for business failure, Barter, then pure Beer; followed by Colbert, leveraged finance, failed Trading Companies, hyperinflation (by the way, the Confederacy did not suffer from a technical hyperinflation), a lack of Bibles, and a Real Estate Bust in Japan. There is a lack of consistency in Time reference, lack of application of economic principles, and a message well-hidden from the directionally logical. One can hope for better in his next effort! lgl