History is the study of the past and how it relates to the human experience.


Marie Antoinette Said, “Let them Eat Cake.” Myth

Marie Antoinette never said “let them eat cake”. The idea of royalty suggesting peasants eat cake is an old myth that can be traced to Rousseau’s Confessions, a Spanish Princess, and even a Chinese emperor.

Where Does the State of Nature Argument Come From?

We often attribute the origin of the state of nature argument to Hobbes, but it can be traced to thinkers like Plato, Aristotle, and the Sophists in the 300s BC, and is then mused on by other early philosophers.

The Birth of Modern 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.

The 2007 – 2009 Financial Crisis Explained

We explain the Financial Crisis / Great Recession of 2007 – 2009 that began with the 2006 housing bubble, led to a recession in the U.S. by December 2007, and became a global crisis by 2009.

What is 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.