Category Archives: economics

Let’s talk about greed and hoarding.

These two charges are usually leveled at successful entrepreneurs. A person who hoards money is literally being selfless: they provided a service or produced goods for which they money were given, then proceeded to hold onto these *tokens of value* … Continue reading

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Socialism vs Capitalism, an issue of terminology.

The interminable Internet battles over the details of politics are bound to fail when words don’t have the same meaning to all participants. Let’s go over the definitions: Capitalism: A private individual has a surplus of tools. She lets others … Continue reading

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