A collection of explainers, references, opinions, and other supplementary material to help you better understand our collection of facts and myths.


What is “the Invisible Hand”?

“The invisible hand” is a term used by Adam Smith to describe the theory that self-interest leads to social and economic benefits in a free-market.

Is America an Oligarchy?

The United States is a Federal Republic with democratic values that some claim contains a growing oligarchy (or corporatocracy). We look at those claims.

What Does “Politically Correct” Mean?

Political Correctness (politically correct or PC), describes how much tolerance, sensitivity, censorship, and freedom of expression “is correct” in a given setting.

American Politics Explained

A simple explanation of American politics including an overview of US history, the political parties, and the political system.

Wealth and Income Inequality

We explain economic inequality from a historical perspective, and then consider the effects of wealth inequality and income inequality in America today.

The Branches of Philosophy Overview

The major branches of philosophy can be denoted as: metaphysics (what is), epistemology (what we can know), logic and reason, ethics and morality, and aesthetics (beauty and art).

The Point of Life is Happiness

We present a discussion on “the meaning of life as happiness,”the Greatest Happiness Theory,” “the Good Life,”the Pursuit of Happiness,” and Virtue Theory.

Velocity of Money Explained

Velocity of Money is a measure of money exchanged over time, typically how often and quickly the average dollar is exchanged per day.