100 Entrepreneurs Who Changed The World

Photo by teapartycheer Thomas Sowell (1930) The current senior fellow at Stanford University’s Hoover Institute, Thomas Sowell was born in Gastonia, North Carolina, and grew up in Harlem, New York. After dropping out of high school and serving in the Marines during the Korean War, Sowell received degrees from Harvard, Columbia, and the University of…

Government Spending- What the Left believes: Government spending stimulates economic growth. Government spending ending the Great Depression. The Truth is: Government spending expends capital, usually without any return in sight. The money government spends was taken from the private sector where it would be used to stimulate real economic activity. Every penny the government spends…

As a result of the defeat in World War I, Germany had to pay reparations in gold or foreign currency, in annual installments of 2 billion goldmarks plus 26 percent of the value of Germany’s exports.

5. Value Value is subjective. A bottle of water is worth a lot more to a man dying of thirst in the desert than it is to the man who lives next to a natural spring. When a natural disaster hits, the media often chastises those who bring in water and food from outside areas…

In an era when girls outperform boys at school and outnumber male students at universities, and when women experience no more practical hindrances than men in achieving anything they want in life, it has become harder to paint women as victims. Feminists have been forced to shift their attention to the hazy cultural sphere in…

Photo by Duncan Rawlinson – @thelastminute – Duncan.co The wider revolution in crypto-currency, however, does share an important similarity with Hayek’s vision in that it’s a field wide open to competition. The proliferation of alt-coins (digitial Bitcoin alternatives) underscores just how easy it is to enter the fray. But what if cryptocurrencies are just the…