Our Enemy, The Crown
Today, many peasants make a grave and disheartening error. They have the impression that feudalism is wicked, and that lords taking the fruits of their labor makes it oppressive. Some […]
Today, many peasants make a grave and disheartening error. They have the impression that feudalism is wicked, and that lords taking the fruits of their labor makes it oppressive. Some […]
Scarcity is the fundamental economic problem of having seemingly unlimited human wants in a world of limited resources. The principle of scarcity (not to be confused with the state of […]
The net is abuzz with talk over the US minimum wage again–this time, the discussion is whether or not the federal minimum wage should be set to $15/hr. The “Fight […]
A typical defense of capitalism is that profit is always nearly, or according to some unfortunate Koch-heads, perfectly, aligned with ethics, or is otherwise in some way naturally beneficent. The […]
With Snapchat now being valued up to $19 billion, equal to the total wealth of Ethiopia, the way we define “value” in contemporary society seems increasingly nonsensical. Our conflation of […]
Rediscovering IBISWorld’s Industry Research Reports, I went through and redid my analysis on the overhead of private property in the United States; I have generalized the scope somewhat to be […]
This is a preview of the introductory section to my book:
I still feel much of what I’ve written is not accessible to the general public. This post will focus on an easily understandable overview of what defines a natural economy […]
As I’ve covered before, a computational economy uses preemption and priority levels for its allocation schemes. Priority levels are used to determine, when demand exceeds constraints, which demands to fulfill […]
In queuing theory, an M/M/c queue is one where arrivals (λ) happen by a Markov (Poisson) process, average time spent in the queue (μ) is also a Markov/Poisson process, and […]