In 1971, the Advanced Research Projects Agency Network (ARPANET) went operational and served the needs of the US military in the area of communications and file transfer. It was the first intranet system on which the internet was based on. The…
The most important single central fact about a free market is that no exchange takes place unless both parties benefit. – Milton Friedman In basic economics, students learn about Keynesian theory and monetary theory, which are theories of John Maynard…
The Capitalists will sell us the rope with which we will hang them. – Vladimir Ilyich Lenin On 5 October 2022, Polish Prime Minister Mateusz Morawiecki said that Russian assets confiscated abroad should be used to rebuild Ukraine, in which…
The Fed mentioned that they will clamp down on inflation by raising interest rates. Inflation originally caused by them mass printing money. From an original dovish tone, the Fed had turned increasingly hawkish. In this year alone they have raised…
Recently I have a friend who came to me for advice. She is a foreigner who graduated in Singapore with a Masters degree, and went on to find a job in a multi-national company (MNC) in Singapore. Her direct supervisor,…
People would rather trust a credible person whom they hate than to believe in the words of a dishonest friend. This not only applies to people, but to organisations and countries. One good example is the Swiss banking industry. Much…
Loyalty – something impressed upon us since young. Loyalty to the spouse, to the company and above all to the country. The Oxford dictionary defines the word ‘loyal’ as giving or showing firm and constant support or allegiance to a…
In 1989, Chinese university students started a protest in Tiananmen, right at the heart of the political centre of China in Beijing. They demanded for democracy and were swiftly clamped down by the military. In 2020, Hong Kong started a…
In Chinese there is a famous saying: 不孝有三，无后为大. There are 3 aspects of not being filial, of which not having descendants is the biggest act of being unfilial. For a very long time, Japan is known to be the having…
“If you kill a cockroach you are a hero. If you kill a butterfly you are evil. Morality has aesthetic standards.” – Friedrich Nietzsche Background Who decides what is right or wrong, what is good or evil? The one who…
“Economics is a subject that does not greatly respect one’s wishes.” – Nikita Khrushchev, First Secretary of the Communist Party of the Soviet Union from 1953 to 1964. In 1792, the United States Mint commenced production of the United States…
If violence is not solving your problem, you are not using it enough. The US was founded basically by taking over and killing off almost all of the natives in the country. With violence it started its history. With violence…