Automation, replacing human workers with machinery, computers, software, and technology, has revolutionized various industries. In this post, we will explore how automation has led to a rise in productivity, improved the quality of life for people, and freed up workers to advance into more productive jobs. The Impact of Automation on Employment One hundred years […]
Humans Need Not Apply Read More »
The Roman Empire and the United States are history’s most influential powers. Though separated by time and geography, there are some striking parallels between their rise, development, and potential decline. In this blog post, we’ll dive into the similarities and differences between these two mighty civilizations, focusing on the past 40 years of the United
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In this blog post, we will delve into the fascinating world of the Roman Empire’s economy and unravel how the phenomenon of inflation played a significant role in its eventual collapse. As someone interested in economics and monetary policy, I will guide you through this intriguing journey. You will learn the specific economic conditions, monetary
How Inflation Ruined the Roman Economy Read More »
Does the MIT model say society will collapse in 2040? According to an MIT researchers’ report, society will collapse by then. The report, titled “The Limits to Growth,” was published in 1972 and concluded that society was heading towards collapse due to economic, environmental, social, and political issues. A follow-up study conducted by analysts at
MIT Has Predicted that Society Will Collapse in 2040 Read More »
Exploring the Factors and Examples That Cause Hyperinflation Hyperinflation is a term that strikes fear into the hearts of economists and ordinary citizens alike. Historically, we’ve seen examples of hyperinflation, from Germany’s Weimar Republic to Zimbabwe, and the devastation it can bring to an economy and society. After the unprecedented amount of money being printed
Why Haven’t We Seen Hyperinflation? Read More »
The Economic System: Is it Fake, Unsustainable, and Designed to Benefit the Wealthy? The current state of the economy is a hot topic of discussion among economists, politicians, and everyday citizens. Many people are concerned about the growing income inequality, the rising debt, and the lack of economic opportunity for ordinary people. In this context,
The Economy Is Fake, the Jobs Are Fake, the Money Is Fake Read More »
As we approach spring 2023, the US housing market has not crashed nationally. Not even close. The most significant drops in home prices have been in the same metropolitan areas that also have had the biggest run-ups in price since 2020. According to Newsweek, the cities with the biggest drops in home prices so far
The Disturbing Details Of The 2023 Housing Crash (Details Explained) Read More »
“It’s just part of the business cycle” has become a typical response to financial crises, stock market crashes, and recessions. However, it’s never just part of the free market when real people who lose their jobs, homes, and futures feel the repercussions of monetary policy, speculation, and bubbles. This article will use historical events as
The Real Cause of All Recessions That Nobody Talks About Read More »
This article examines the Cantillon Effect’s relevance in the current economic environment. The Cantillon Effect is a monetary phenomenon where the initial recipients of new money see a disproportionate benefit while the latter face a diminished effect. This article will provide an in-depth analysis of the Cantillon Effect and its implications for the global economy,
What is the Cantillon Effect? Why It’s So Important in 2023 Read More »
Paul Tudor Jones became famous after appearing in the PBS documentary The Trader in 1987 where he anticipated a stock market crash. He used stock index futures to triple his capital under management during the Black Monday crash in 1987 with large short positions while most other traders were ruined or suffered huge losses. His
Paul Tudor Jones: We are getting ready to deploy our recession playbook Read More »