Generational wealth for most people does not happen overnight. It is a long and slow process borne of tedious and deliberate action over the course of years. This is the first year that the Firefighter Economist Blog is up and running and instead of a New Year’s post boasting success, I would like to postContinue reading “Time Horizons”
Author Archives: thefirefightereconomist
Decentralized: Free Market Capitalism And Mission Driven Culture
This post is part rant, part reaffirmation. The world we live in is in a perpetual fight between the reigns of control and freedom. What is happening across the economy is no different than the struggles company officers face every day in the fire service. I think there are a lot of parallels that youContinue reading “Decentralized: Free Market Capitalism And Mission Driven Culture”
Hard Lessons In The Stock Market
There are a lot of firefighters and first responders out there feeling the crunch of inflation. I’m one of them. I realized the writing on the wall late last year as I struggled to pay the bills and shop for Christmas presents for my family. Without a sizeable raise, I reckoned inflation would outpace myContinue reading “Hard Lessons In The Stock Market”
ALT+ $$$$: Holiday Supply and Demand
What Supply & Demand Can Tell You About How To Get Your Holiday Shift Covered
The Inflation Protected Backyard
The grocery store is getting crazy these days. The prices creeping up for basic things such as lettuce, tomatoes, peppers, eggs, etc. have been caused by supply chain disruptions, worker shortages, and skyrocketing fertilizer prices. There is no foreseeable end in sight for how we are going to get out of this inflationary mess. WhetherContinue reading “The Inflation Protected Backyard”
5 Minute Retirement Planning Drill
What to do with a million dollars in your retirement account? In the first 5 Minute Retirement Planning Drill, we explored a simple compound interest calculator. Messing around with this calculator allows you appreciate the importance of investing early and often. It shows that waiting to invest will take more work to get to aContinue reading “5 Minute Retirement Planning Drill”
5 Minute Retirement Planning Drill
Take 5 Minutes To Show Your Newest Firefighters How Compounding Interest Works
Scarcity
I think any firefighter can understand economics because fundamentally to study economics is really just a study and a mastery of scarcity. Scarcity is the term that implies that there is only a fixed amount of any given resource available for the needs of a society. Economics seeks to get the most amount of goodContinue reading “Scarcity”
Gratitude
A quick post. This blog has been a hobby of mine now for the better part of this year, but in reality it’s been a few years in the making. I recently shared one of my articles with a friend and he in turn shared it with a group of firefighters online. I watched myContinue reading “Gratitude”
In Blockchain We Trust?
Can The Same Technology Behind Bitcoin Help Our Staffing Crisis? #MandoCity has more or less become the hashtag of choice here in the city of San Diego. Forcy The Bear terrorizes the ranks of CalFire, and the creator of Instagram’s sdfirebrigade, has built an online empire of the pain and struggles of our nation’s firefighters.Continue reading “In Blockchain We Trust?”
The Firefighter Economist 