Capitalism is private ownership. Socialism is government ownership. Fascism is government control. Statism is some combination of socialism and fascism. … Read the rest
Tag: inflation
Price Spread
Price spread is the difference between their selling price and the aggregate prices. This translates to the difference between inputs … Read the rest
Crusoe Economics
Property is essential to justice and economics. It is impossible to come to a just decision without property. Likewise, … Read the rest
The Size of the Social Unit: Banking
Barter indicates humans prefer more to less. Money began as a commodity. It could not have begun any other … Read the rest