especially with the expected change in leadership this year. Although I did not expect to see a serious contraction in growth until after 2013, I said that China would be the last major economy to emerge from the crisis. Why?
When did the Kingdom of Zimbabwe come to power? When was atheism created? When was chiasmus first used? When did applied anthropology begin? When did folk music start? When did sociolinguistics emerge? When did the Dalai Lama become the Dalai Lama?
Capitalism Why Capitalism Works When Choosing Wealth Wealth Creation, Not Wealth Extraction Wealth creation and wealth appropriation are often conflated, but they must not be confused.October 25, 2023 By Michael Muthukrishna Excerpted from A Theory of Everyone: Who We Are, How We Got Here, and ...
The evolutionary congruence inherent in contemporary capitalism resonates with the Darwinian paradigm of natural selection favouring the survival of the most adept. In his tome, ‘The Darwin Economy: Liberty, Competition, and the Common Good,’ Robert H. Frank posits Adam Smith as a ‘Darwini...
Of course, as history teaches us, in such situation regulators would probably blame ‘inherently unstable’ banks – or capitalism – for not holding enough liquidity and not having a stable-enough deposit base in the first place. Which would be another opportunity to further regulate banks and ...
From these ruminations, some important questions emerge: What kind of institutional structures could we manifest if we did not all adhere to the construct of the museum according to a Western model? What kind of relationships might be possible through institutions that have yet to exist or ...
But in the extreme uncertainty of re-opening the world economy, one can expect some pretty strange anomalies to emerge. Having crashed into a brick wall and totaling the car, it might be more challenging to get back to the business of business for the global financial system than people migh...
While the cartel managed to keep the artificially elevated prices for a while, competitors did emerge to provide cheaper, often lower-quality goods. Specifically, while Tokyo Electric was a member of the cartel, small, family-owned Japanese workshops produced almost hand-made, cheap bulbs, mainly...
Like most American Cities that suffered during the Great Recession, Philly was Bankrupted by hidden handed Oligarchs, such as, Sir Ronald Cohen, the, so called, father of Venture Capitalism. Cohen etal managed to offload the pension funds of hardworking Americans, thus squandering the generational...
really give a damn about the world and us, humans. I think a new world of more conscious travellers will emerge and we’ll be much more grateful for the ability to travel. So, in a perverse way, we’ll hopefully emerge from this more humble, more sane and grounded – that’s my ...