A popular meme on social media declares: Under capitalism, a tree holds no value until it is cut down. That’s a bit silly since natural…
Posts tagged as “capitalism”
An image of tree stumps, as far as the eye (or camera) can see. A massive dam project, destroying a village. Absurd McMansions in gated…
Entrepreneurs create wealth, something supported by data globally (particularly in emerging markets). Having an idea, either an innovation to an existing product or the creation…
What is capital and why does everything require capital of some type? Depending on the economist consulted, the forms of capital are: Human Capital Social Capital…
It’s an old “meme” on social media, but one that continues to annoy me viscerally: “If you love driving on roads, having fire departments, and…
Many people critical of “capitalism” have no idea what the word means. Before returning to graduate school, I worked in real estate and finance. I…