Author: Thomas DeMichele

Thomas DeMichele is the content creator behind ObamaCareFacts.com, FactMyth.com, CryptocurrencyFacts.com, and other DogMediaSolutions.com and Massive Dog properties. He also contributes to MakerDAO and other cryptocurrency-based projects. Tom's focus in all matters is delivering informational quality content on complex subjects in order to make the internet a better place.

The Birth of Modern Banking

The Birth of Banking

Modern banking originated in Italy around 1150 as Jews fleeing persecution brought new practices, including “discounting”, to the merchant banks of the Italian piazzas.

What is the State of Nature?

The state of nature.

The state of nature is the state humans lived in before forming the first societies. By examining the state of nature we can better understand the implicit and explicit social contracts which govern societies.

The Paradox Principle

The Paradox Principle

In practice, human action often has paradoxical or unintended effects. Sometimes effects or side effects even have the exact opposite effect as intended.