Why Are The Freeways So Crowded? This is a simple idea from economics that has far reaching ramifications. You’ll find it among roommates, farmers and even in the ocean. It’s called the “tragedy” of the commons because that’s how it always ends. Opposite of how everybody thinks it will end. Set Up Imagine you’ve […]
Fiat Death
How Paper Money Slowly Kills Us Quite a bold article, right? There’s plenty of posts from economic and fringe sites about the dangers of fiat currency, but I’d like to focus on how fiat currencies slowly whittle away our motivation. We’ll look at this from a personal development and motivational standpoint. What Is Money? […]
Excess Capacity
Too Much Brain? Imagine a small coffee shop, just getting by. They have their loyal customers and workers. The owner is a family man, and ekes out a middle class life. Then a bakery moves in next door. The bakery is a sudden hit. Because of the bakery, and the smells that drift into the […]