I suppose the economies of scale are missing. (Image text) In an economic context, “household” is a poor term. It should be replaced with the concept of “catallactics,” which refers to exchange and adaptation. One of the many problems with economics (oikos-nomia) is that …
Throws
In the heat of the class struggle. (Image caption) The class struggle has flared up! The bourgeoisie’s cosmetic reforms didn’t help! The 200% Sunday bonus—which the left also supported all along—didn’t help! The constant raising of pensions—which the left also supported all along—didn’t help! It didn’t help…
Italian actor Totò is quoted as saying, "With money, you can meet the people you want to meet. Without money, you meet the people who love you." This statement is not entirely wrong. In the everyday life of an ordinary person, lasting and ...
The idea of a "deep fear of death" is a typical exaggeration and a typical extreme view. Of course, there is no empirical research to support this claim, and it is a bad mistake to try to force one's own world view to fit such a claim. It ...
Groucho Marx's sleeve-shaking surpasses his namesake Karl Marx's sleeve-shaking both in fun and, above all, in usefulness. Sometimes they are even very stoic, for example the saying: "Before I speak, I have something important to...