All Lessons

All Lessons

Understanding Economics

Understanding Economics One of the earliest recorded economic thinkers was the 8th-century B.C. Greek farmer/poet Hesiod, who wrote that labor, materials, and time needed to be allocated efficiently to overcome scarcity. But the founding of modern Western economics...

Carl Menger: The Founder of the Austrian School

Carl Menger: The Founder of the Austrian School (1840-1921) “All things are subject to the law of cause and effect. This great principle knows no exception.” INTRODUCTION Despite the many illustrious forerunners in its six-hundred year prehistory, Carl...

Wealth Should Be limited

The question is: Should how much money one has make a difference? The post below raises some important points. Do Billionaires Destroy Democracy and Capitalism?   The U.S. simply needs to look back at history, to our Gilded Age, to see what can be done to curb...

The Greeks, The Romans, and the Founding Fathers

The Greeks, The Romans, and the Founding Fathers This is important and we need to learn about this more. What America Owes to the Greeks and Romans FIRST PRINCIPLES What America’s Founders Learned From the Greeks and Romans and How That Shaped Our Country By Thomas E....

The Czechs and the Swedes – the tale of two Covid-strategies

The Czechs and the Swedes – the tale of two Covid-strategies This is the number of new daily deaths from/with Covid-19 in Sweden and the Czech Republic. Source: Here. The two countries are similar in many ways – the population is just over 10 million in both...