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I catapulted a pumpkin into the air, It fell to earth, I know not where. 1 ― Apologies to Longfellow 2 3 A trebuchet is a type of catapult that converts the potential energy of a counterweight into the kinetic energy of a projectile. The simplest version operates like a see-saw, with the counter
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Until earlier this year, 2009, the socialists were torn between two mutually-inconsistent views of General Equilibrium (GE) Theory. Steve Reglar (2005) writes: As a tool of capitalist hegemony the doctrine of general equilibrium is very useful. It assumes that the normal condition of society is for the state to plby Grozny on Jul 29 5:41 PM, In Business, Economics, Finance, Nonfiction. 2,600 words. → Make first comment?
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Ludwig von Mises writes: 1 Economics in the second German Reich, as represented by the government-appointed university professors, degenerated into an unsystematic, poorly assorted collection of various scraps of knowledge borrowed from history, geography, technology, jurisprudence, and party politics, lardedby Grozny on May 21 10:31 AM, In Banned books, Book burning, Nazis. 600 words. → 4 comments, Add one?
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The socialists and the Austrians are at opposite ends of the spectrum of views on inevitability. Socialists believe that the government can turn on a dime, veering away from economic collapse towards a socialistic paradise simply by giving the right person the authority to print money. And how would the Benevolentby Grozny on Mar 3 9:02 PM, In Business, Economics, Finance, Nonfiction. 1,600 words. → 3 comments, Add one?
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Susan Kignak sat at the counter of Archie’s Sport Fishing and Scenic Boat Tours thumbing through a three-day-old newspaper. She had already read it, but there was nothing else to do, so she read it again. Archie only had one boat out. There was no work for them until it got back. The Navy continued to blockade
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