End of The Stone Age There are two major discoveries in human history that essentially have informed human society ever since. The very first was the change that stopped the Stone Age and began the Bronze Age. Most historians believe this happened accidentally. If you think about how they get bronze, they find bronze […]
Secrets Of Inventions
Natural Trade Anthropologists will tell us there’s four basic kinds of trade that take place between humans, both modern humans and ancient humans. The first type is trade a thing for a thing, meaning I give you something now and you give me something back of equal value. The second type is trade thing […]
Donut Shop Economics
College Job When I was in college the first job I got was that a donut shop. At first it seemed familiar because I had a job at a donut shop in high school except my job at the donut shop in high school was just showing up, working in the afternoon selling, donuts taking […]
The Human Condition
Economics Book I was reading this interesting book on economics recently. I like to read books on economics, I have for several years. I’ve read probably 15 to 20 of them. This one was pretty interesting because it was about economics from a standpoint of ancient human history and how our ancient instincts are […]
Overlapping Selfishness
Basic Economics Recently I read this interesting book on economics. It talked about the basics of trade and said that nobody will trade anything with anybody else unless they want what the other person has more than what they have. If both people feel this way there will be a voluntary trade that will […]
The Money Energy Connection
Once Upon A Time There Was No Money I’ve always been interested in the invention of money. Once upon a time there was a bunch of people that were anatomically similar to how we are today but they didn’t have any money. Then there came a time where they needed money. They say that […]
Equilibrium Paradox
How Much Do You Need? Most of us have a curious belief about some big thing that we want. This can either be a thing, a certain amount of money, or even a long range goal. The belief that we hold about this is that once we get that “thing,” whatever it happens to be, […]
Supply and Demand
Secrets Of The Global Brain These two words, supply and demand, seem very simple. They are known and supposedly understood by virtually anybody. They are ubiquitous, and if you know the words, but are a bit sketchy on the concepts, then you will fully understand them by the end of this post. Despite their simplicity, […]
The Trading Partner Seduction Model
I love studying economics. One of the biggest “aha” moments I realized was that in every economic exchange, whether you’re a couple of cavemen trading a bag of rocks for a bone for your hair, or a stack of bitcoins for a new Ferrarri, there’s one thing that MUST be present for every exchange to […]