Economics

Latest Economics News

The Wealth of Nations by Adam Smith

Introduction Few books have shaped the modern world as profoundly as Adam Smith’s The Wealth of Nations. First published in 1776, the same year as the American Declaration of Independence, this monumental work laid the intellectual foundations of capitalism as an economic system driven by…

Epic

Meritocracy Is a Lie We Tell the Successful

Question Is success really all about hard work and talent, or are we comforting ourselves with a myth? In other words, if you don’t “make it,” is it truly your own fault? Definition Meritocracy is the idea that society rewards ability and effort above all…

Miss M

Capitalism Doesn’t Exploit People — People Exploit Themselves

Question If capitalism is so exploitative, why do so many people willingly work longer hours, burn out, brag about exhaustion, and blame themselves when they fail? Are we being exploited—or are we participating in our own exhaustion? Definition This argument challenges a common assumption: that…

Miss M