Libertarianism is intellectually myopic--Libertarians cherish freedom above all, but their concept of freedom is constricted and myopic. They understand freedom almost exclusively in terms of freedom from government, not recognizing that unfettered capitalism--the libertarians’ beloved free market economy--can be as great a threat to freedom as government action.
The concept of supply and demand is often called the heart and soul of economics. It is the foundation for much of what is studied in the field. Understanding how supply and demand affect the economy helps us recognize economics everywhere in our daily li
The Big Picture - Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media
A JAPANESE CORPORATION: You have two cows. You redesign them so they are one-tenth the size of an ordinary cow and produce twenty times the milk. You then create a clever cow cartoon image called a Cowkimona and market it worldwide.
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