The Failures & Inconsistencies of Karl Marx

Government 1B: Lesson 70 The theology of Marx  Communism has found favour in the majority of the world's leading countries today because of the claim that it is a system that is geared toward and in favour of the working-class people. Karl Marx wrote many books bashing the evils of the capitalist system while promoting the brilliance … Continue reading The Failures & Inconsistencies of Karl Marx

Sweden as an Example of the Free Market and the Protestant Work Ethic

Government 1B: Lesson 65 The standard claim about Sweden is that it shows society can prosper without a free market and with extensive government intervention. But the fact of the matter is, economists and politicians who use this claim have not studied the history of Sweden and know next to nothing about its culture, people, … Continue reading Sweden as an Example of the Free Market and the Protestant Work Ethic

Save the Trees or Save the Oceans | The Effects of Government Intervention

Government 1B: Lesson 40 Save the Trees or Save the Oceans The market and the environment have been hot topics for decades, and it is once again affecting our daily lives though not in a way you might have expected. Paper bags or plastic bags? Save the trees or save the ocean? This is the … Continue reading Save the Trees or Save the Oceans | The Effects of Government Intervention

The Effects of WWII and the Invention of Healthcare

Government 1B: Lesson 35 What are some of the factors that have contributed to rising health-care costs in the United States? It is no secret that WWI & WWII changed the lives of millions and generations to follow. Not only were countless lives lost, but every sphere of life was dramatically affected and permanently changed. … Continue reading The Effects of WWII and the Invention of Healthcare

Conservative Polylogism

Economics: Lesson 160 Is free trade across a county border economically different from free trade across a national border? When it comes to town borders, county borders, and state borders, nobody cares about them and they are simply invisible lines. Conservatives defend free trade across these domestic borders with no tariffs or sales taxes because … Continue reading Conservative Polylogism

Price levels and monetary inflation

Economics: Lesson 145 If there is no 'price level,' how could anyone prove that monetary inflation raises prices? The price level is a statistic the tells the price of goods and services. The price level often fluctuates depending on how much money is in the market. When the money supply increases, prices rise. You might … Continue reading Price levels and monetary inflation