This time of the year, whether in good economic times or bad, is when we gather with our family and friends and enjoy a Thanksgiving meal together. It marks a remembrance of those early Pilgrim Fathers who crossed the ...
Scotland would seem a strange place for the emergence of center of intellectual development that would influence the stream of ideas throughout the world. Scotland had been unified with England near the beginning of the eighteenth century. It was ...
One of the major turning points in social and economic understanding emerged in the 1700s with the theory of social order without human design. Before the eighteenth century, most social theory presumed or took as a working assumption that ...
Governments have an insatiable appetite for the wealth of their subjects. When governments find it impossible to continue raising taxes or borrowing funds, they have invariably turned to printing paper money to finance their growing expenditures. The resulting inflations ...
In the middle decades of the eighteenth century two schools of thought emerged, one in France and the other in Great Britain that were critical of Mercantilism, the government system of economic planning and regulation in the 1700s. ...
Through almost all mankind’s history, the human condition was one of abject poverty and hardship. Yes, there were kings and princes and religious orders that lived better than the mass of humanity. But when looking back at their standards ...
https://www.youtube.com/watch?v=rLzicAlsImY
Monetary Mischief: Booms and Busts
Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part ...
The Feudal System had resulted in the disintegration of the unity that much of Western, Southern, and Eastern Europe had known under the Roman Empire. Following the fall of Rome, Europe was divided into local and regional political and ...
Government Intervention: Sand in the Market Machine
Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part ...
The Catholic Church was the one institution in the Middle Ages that was outside of the Feudal Order of both the rural Manors and the town Guilds. The Church, at various times, may have formed alliances, made political compromises, ...
