Plato wasn’t the big promoter of democracy and equality that he’s praised for being. In fact, economist Joseph Schumpeter described Plato’s views as just shy of fascism.
Category: economics
The ratio of three deciduous forests to one ship’s peanut
The term “inflation” causes glazed eyes. Call it a “leaf problem,” instead, and more people might sit up and take notice.
The secret to economic sustainability
The act of sharing is energized by the HEART chakra. But we can’t share without ascending through the first three matter-based chakras. That’s because you can’t share without first producing something, then consuming some of it (so you have energy to move) and then saving some of it. The secret to economic sustainability is in…
Free banking in Scotland was romantic
Banking practices in 18th century Britain are as captivating and romantic to me as a moor-set novel. The stories of Edinburgh’s competing bank houses in 1765 offer as much drama and intrigue as any feuding Georgian manor houses and, looking at the history, I can just imagine chemise-clad Regency women, fainting behind their kerchiefs, just…