thomas malthus
Economy Education People

Malthusian Trap: How Humans Escaped The Cycle of Misery (For Now…)

Share this:

This post originally comes from The Malthusian Trap is a theory which argues that, unchecked, population growth will outpace increases in food production and inevitably lead to global famine. The theory is named after Thomas Robert Malthus (1766-1834), the economist who proposed this principle in 1798. Malthus failed to account for agricultural innovation, which has helped bring […]

belle epoque
Economy Education

Belle Époque: The Era of Excess and Inequality

Share this:

This post originally comes from The Belle Époque (“Beautiful Era”) was a period of European history that dates from 1871 to 1914. During this time, Western countries experienced rapid economic growth, made major scientific breakthroughs, and improved political and human rights. For most Europeans, these developments led to a higher quality of life, and so these years are […]

Crypto Education Investing Markets

What Exactly is a Bitcoin?

Share this:

This post originally comes from On Halloween 2008, in the midst of the financial crisis, a paper titled Bitcoin: A Peer-to-Peer Electronic Cash System was sent to a cryptography mailing list. The paper was written by an anonymous person (or persons) named Satoshi Nakamoto. Nakamoto described Bitcoin as a digital currency that would allow transactions between two parties without […]

pareto principle
Economy Education People

The Pareto Principle: Pea Pods’ Important Contribution to Business Theory

Share this:

This post originally comes from Back in the pre-Netflix days, video rental shops faced a problem they called the “Gone With The Wind Syndrome”. Although video rental shops made the majority of their revenue from a handful of movies (usually the newest, hottest flicks), every store had to have older movies like Gone With The Wind in stock. As […]

john d rockefeller
Economy Education People

The Story of John D. Rockefeller: Racks on Racks

Share this:

This post originally comes from “JD” Rockefeller (1839-1937) was an American business tycoon, philanthropist, and the richest person in modern history. He earned his wealth by founding Standard Oil, the largest oil refiner in the early 20th century. Although the company was ultimately broken up, its successor entities still dominate the oil industry. An Auspicious Youth Rockefeller […]

healthcare economics
Economy Education Policy

Intro to Healthcare Economics

Share this:

Healthcare economics is the field at the intersection of healthcare and economics that deals with how to efficiently manage a healthcare system so as to provide the best service to consumers. In the last decade, the intermingling of healthcare, economics, and policy has come into the forefront of political discourse. Unfortunately, it tends to create […]

finance for kids
Education Investing Markets Personal Finance

What Top Finance Leaders and Experts Teach Their Kids About Money

Share this:

Along with relationships, finance and money management is the one topic parents dread to talk to their kids about the most. While parents may be able to talk to their children about the basics of savings, discussions typically stop at that. Only about 30% of parents talk to their kids about investing money and saving […]