Tags » Free-Markets
The fall semester is wrapping up, we are well into a shorter holiday buying season, and cold weather is taking over the country. As we look forward to the winter break, many of us over a stack of papers to be graded, these are the stories that caught our attention. 146 more words
One often overlooked aspect of Nelson Mandela’s legacy is South Africa’s economy. Parallel to everything amazing the man is connected to—freeing the country from the shackles of apartheid, subordinating retribution in favor of peace and reconciliation, and unifying a volatile nation at risk of civil war—he laid the groundwork for South Africa as the continent’s economic powerhouse. 893 more words
People don’t like risk. Never have, never will.
‘Insurance’ dates back as far as 1750BC in the Code of Hammurabi. ‘Life Insurance’ developed around 600BC in Greece and Rome. 851 more words
Today, during a speech addressing income inequality and social justice, President Barack Obama invoked words from the father of capitalism and free markets, Adam Smith, (1723 – 1790), to support his case for government intervention and involvement in the economy. 584 more words