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.
Social Sciences
Social science is the study of relationships within a society including economics, political science, and more. Many social sciences like philosophy are also considered humanities (the study of culture).
The United States of America is a Democracy
The United States is both a Republic and a Democracy. Specifically, the United States is a Constitutional FederalRepublic with a strong Democratic tradition and many democratic elements especially on a local level. Despite the democratic elements and traditions, the U.S. is not however a “Direct Democracy” (where people vote on laws directly*).
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.
Adam Smith is the Father of Modern Economics
Adam Smith can be considered the father of modern economics due to his influential works which explore the mechanics of morality, markets, and capitalism in an industrialized society.
There are Different Types of Bullshit (BS)
There are different types of bullshit (BS). BS can be a lie, a half-truth, or truth. The goal of BS is influence, truth and lies are simply the tools of the bulls**tter.
There are Different Types of Good and Evil
There are different types of good and evil. The way to understand the types of good and evil differs by culture and text, but we can find general similarities by looking at major works and belief systems.
People With More Money Save More
On average, those with more money save more, in both the short-term and long-term, while those with less money spend more and extend themselves on credit.
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.
Arete Explained
Areté roughly means “moral virtue”. It refers to an innate “excellence” or “essence” in all things, and the striving toward that potential or purpose.