Karl Marx's quote, "Necessity is blind until it becomes conscious. Freedom is the consciousness of necessity," encapsulates ...
The economic theories of both Karl Marx and Arthur Laffer are largely considered incorrect by mainstream economists. Laffer's theory, known as the Laffer Curve, incorrectly predicted that tax cuts ...
American economics departments don’t teach Karl Marx or Arthur Laffer for the same reason: their economic theories were wrong. Yet Laffer’s discredited ideas are now driving Indiana’s tax policy. Marx ...
Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...
Consider the evolution of the telephone: from the rotary dial models of the early 1900s, each new version refined and reinvented the last, culminating in today’s smartphone. This example was cited by ...
ABSTRACT: This essay is divided into several parts to discuss globalization. The first half defines globalization, explores its dimensions, and examines the current phenomenon, particularly in the ...
(RNS) — An atheist writer and critical race theory critic who made his name submitting fake articles for publication in progressive academic journals and later attacking “liberal” evangelicals has a ...
THE RED PRUSSIAN, THE LIFE & LEGEND OF KARL MARX (422 pp.)— eopold Schwarzschlld—Scribner ($4). “If a name had to be found for the age in which we live,” says the author of this book, “we might safely ...
An argument can be made that nature and labor are the ultimate sources of all value—an argument that Karl Marx made in his Critique of the Gotha Program. An apple has value because it is nourishing ...
Karl Marx once said: “Accuse your enemy of what you are doing as you are doing it to create confusion.” Rating: Misattributed (About this rating?) For years, internet users have shared a statement ...