Rakkur It has often been said to me that public services are necessary because they prevent monopolies from coming into town, claiming up the most important resources which people survive upon, and then selling those goods at ridiculous prices or refusing to sell at all.… Read More »The Lone Well of the Village
Rakkur A new way of trading has emerged in the form of a digital money. The actual product is to be unnamed in this broadcast, but this currency is now being used to purchase things from a growing number of internet businesses and even local… Read More »Digital Currencies
Rakkur A new way of trading has emerged in the form of a digital money. The actual product is to be unnamed in this broadcast, but this currency is now being used to purchase things from a growing number of internet businesses and even local… Read More »Digital Currency challenges the Federal Reserve Monopoly
Rakkur There was a recent speech in which Jesse Jackson, Democratic Congressman from Illinois, focused on a recent technological advancement concerning flat, touchscreen monitors which have computers and which allow users to go online, read books, run applications, and otherwise increase their enjoyment and productivity.… Read More »How do we actually kill jobs?
Rakkur I think a lot of the misunderstandings about the market and human behavior stem from a misconception of what’s called the “paradox of exchange”. This paradox has puzzled economists throughout the ages. Adam Smith and all the classical economists, incredibly important as their contributions… Read More »The Paradox of Trade
Rakkur “It is true that we cannot depend on government alone to create jobs or long-term growth. But at this particular moment..only government can break the cycle that is crippling our economy.” ~Barack Obama I read this in my paper this morning, and I am… Read More »Can the Government create jobs?
Rakkur When I say that I am completely against the minimum wage, most people are appalled. They say that I hate poor people and that I want to see them impoverished and unemployed. They say that the people on minimum wages can barely survive with… Read More »Minimum wages harm those it tries to help