Society and Social Sciences is a broad category referring to the relationships between networks and groups of people, and the study of this.
Stability isn’t necessarily destabilizing, but as Hyman Minsky’s Financial Instability Hypothesis eludes: longterm stability breeds instability and diminishes resilience in economic markets, mainly due to psychological factors.
Extreme equality and an extreme inequality are both equally as dangerous in a democratic society. In both cases it corrupts the government.
Below we explain how currency gets into circulation via the Treasury, Federal Reserve, and banks, and the role Congress, banks, businesses, and you play in the process.
As James Madison said when discussing special interest factions and liberty in the Federalist #10, “Liberty is to faction what air is to fire, an aliment without which it instantly expires”.
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.
We list the U.S. Presidents, their political parties, and their political ideologies alongside descriptions of their Presidency to examine U.S. history.
The four “elements” (or “powers”) that form the foundation of government can roughly be expressed as: citizens, executive, legislative, and judicial.
All collectives are comprised of individuals, and all individuals comprise collectives; thus we can never fully consider collectives without considering individuals, or vice versa.
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 word bank is commonly thought to come from the Italian word for Bench “banco”, as the first banks were benches in Italian trading centers.