Profits require that the whole must be greater than the sum of the parts. For example, half a chair is not half price of the
Several of my previous posts articulated the conceptual basis of an economic system different than the one that presently exists. These foundations include: (1) the
Some readers noted after my previous post (perhaps tongue-in-cheek) that my website has a copyright sign (©) at the bottom of each page. So it
If you talk to a mathematician about their theories, they will say that mathematics is a discovery rather than invention. If you ask a physicist
The term “New World Order” often refers to a system of global governance and economics, including the system of monetary exchanges and trade established through
Economists have taught us that nothing by itself has intrinsic value. The value, according to them, rather depends on supply and demand for that thing.