The owner of capital does not choose between more risky, less risky, and safe investments. He is forced, by the very operation of the market economy, to invest his funds in such a way as to supply the most urgent needs of the consumers to the best possible extent.
If you missed it, the creator of Facebook (Mark Zuckerberg), a popular social networking website, was sued three years ago by a company he had prev
There cannot be such a thing as an organizational model for high returns because organizing a firm is an exercise of entrepreneurship. While there can be platform companies, there is no such thing as a platform model, nor a platform company economy.
Flights to the moon could become a reality soon, for $100 million
The remains of the Roman Forum, Coliseum, and the palaces of Palatine Hill, are proof that empires fall, despite the wonders created by the political class in attempts to placate the masses. In addition, these sites show that every empire needs a war for victories, and enemies for threats. Sadly, we have not learned these lessons.
Causal-realist analysis allows imaginary constructs like the ERE — Evenly Rotating Economy — in order to isolate certain factors like interest. There would be no profit or loss in the ERE, because those can only exist under conditions of uncertainty.
I’ve been completely captivated by this series of inter
This article is the original, full version from which three previous articles that have appeared on this blog were excerpted.
So we can see that the government initiative to make the area hospitable to students will fail, and there is nothing that the government can do to stop this. When they fight economic law, economic law will eventually always win.
It may be the spirit will not change, but from perfecting, minding, and living with machines the mentality does.
