What Does More Mean?

Economic efficiency has some potential flaws, flaws I will certainly discuss but unfortunately most of the critiques of efficiency are not grounded on any real understanding. I still remember reading an article against "economic efficiency" that argued we should focus on higher quality rather than more which is... Anyway without further ado a crash course… Continue reading What Does More Mean?

King Midas and the True Nature of Money

I am going to tell you a famous story from Greek mythology that helps illuminate the truth of money. King Midas one day saved the son of Dionysus, one of the major gods[1]. In order to show his thanks to the King, Dionysus offered to grant Midas a single wish. Midas, being covetous by nature,… Continue reading King Midas and the True Nature of Money