The concept of the social contract is one of the most frequently cited arguments to justify the authority of the … Read the rest
Category: Economics
The Real Estate Mirage
There is no such thing as a “housing crisis.” The notion that there aren’t enough homes or that housing is … Read the rest
Divided We Fall
Capitalism, unlike a caste system, is not based on rigid, distinct social classes. While individuals may amass wealth, this is … Read the rest
From Production to Consumption
The Illusion of Progress
The Fork in the Formula
The undeniable and timeless truth is that all humans act. To fully grasp economics, you must first understand this fundamental … Read the rest
The Hidden Destruction of Wealth
The depreciation of money’s value isn’t caused by gold. It’s driven by fiat currency and the relentless use of the … Read the rest
Economics Economists Don’t Know
There’s an economic crisis going on. Most economists understand the economy as it’s presented in their models, but not what … Read the rest
Time and Demand
The Fallacy of Compromise
The systems that govern our world are built on contradictions and intentional distortions. Even the most intelligent minds can get … Read the rest