100 Entrepreneurs Who Changed The World

At the beginning of the Cold War, George Kennan introduced the idea of “containing” an unfriendly state as part of  his work on U.S. policy toward the Soviet Union. Later the idea of containment was implemented in part through the use of economic sanctions. It was based on two assumptions: For both ideological and geopolitical…

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…

“The man who damns money has obtained it dishonorably; the man who respects it has earned it.”–Ayn Rand Money is a medium which facilitates trade, representing a value based on productive labor. It is not greed embodied, nor is it a source of evil. Avarice, greed, and gluttony are what people are truly lamenting when…

Outsourcing — sending manufacturing or services work abroad where it can be done more cheaply — can be a tough sell in the best of times. It’s even more of a challenge when jobs in the U.S. are already hard to find, making it painful to think of precious jobs being shipped overseas. If only…

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…

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…