Benjamin Franklin: Power and Money

Benjamin Franklin: Power and Money

…there are two passions which have a powerful influence on the affairs of men. These are ambition and avarice; the love of power, and the love of money. Separately, each of these has great force in prompting men to action; but when united…in the same object, they have in many minds the most violent effects.

Why the Name Boundary Stone?

Why the Name Boundary Stone?

Boundary stones have long been used to mark property lines. The biblical curse in Deuteronomy 27:17 NIV, Cursed is the man who moves their neighbor’s boundary stone,” was one among many that Israel’s priests called out when the people were entering the promised land in the Old Testament.

050 Scarcity

050 Scarcity

Have we overcome the problem of economic scarcity?
Aren’t the quantity and variety of goods available on American grocery store shelves proof of this?
What does economic scarcity really mean?

049 The Nature of Capital

049 The Nature of Capital

What makes an item capital rather than merely a consumer good?
What is circulating capital?
How does government manipulation of interest rates send false signals to businesses?
What are the consequences of these false signals?

047 Banking

047 Banking

Did Dodd-Frank fensure that banks would take fewer risks?
Is it better for consumers when we have fewer, larger banks?
What led to the 2008 financial collapse?
What did Fannie Mae and Freddie Mac do that provided the fuel for the collapse?

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