Capitalism Unmasked - Part 10: The Hidden Costs of 'Free' Markets

Capitalism Unmasked 1 Capitalism Unmasked - Part 1: The Myth of the Free Market 2 Capitalism Unmasked - Part 2: The Shareholder Value Myth 3 Capitalism Unmasked - Part 3: The Trickle-Down Delusion 4 Capitalism Unmasked - Part 4: The Myth of the Lazy Poor 5 Capitalism Unmasked - Part 5: The Self-Fulfilling Prophecy of Distrust 6 Capitalism Unmasked - Part 6: The Education Myth 7 Capitalism Unmasked - Part 7: The Myth of Natural Inequality 8 Capitalism Unmasked - Part 8: The Myth of Capital Flight 9 Capitalism Unmasked - Part 9: The Myth of the Rational Consumer 10 Capitalism Unmasked - Part 10: The Hidden Costs of 'Free' Markets 11 Capitalism Unmasked - Part 11: The Myth of the Self-Made Man 12 Capitalism Unmasked - Part 12: The Myth of Efficient Financial Markets 13 Capitalism Unmasked - Part 13: The Myth of Corporate Social Responsibility 14 Capitalism Unmasked - Part 14: The Myth of Growth 15 Capitalism Unmasked - Part 15: Development Institutions - Help or Hindrance? 16 Capitalism Unmasked - Part 16: The Myth of Immigration Harm 17 Capitalism Unmasked - Part 17: The Myth of Flexible Labor Markets 18 Capitalism Unmasked - Part 18: The Myth of Shareholder Primacy 19 Capitalism Unmasked - Part 19: The Myth of Technological Unemployment 20 Capitalism Unmasked - Part 20: The Privatization Illusion 21 Capitalism Unmasked - Part 21: The Myth of Patent Protection 22 Capitalism Unmasked - Part 22: The Myth of Government Debt Crisis 23 Capitalism Unmasked - Part 23: Finance - Economy's Brain or Parasite? ← Series Home What They Tell You Market prices capture all relevant costs and benefits. When you buy something, the price reflects the true cost of production. Free markets therefore allocate resources efficiently. Government intervention distorts prices and leads to waste. ...

Capitalism Unmasked - Part 14: The Myth of Growth

Capitalism Unmasked 1 Capitalism Unmasked - Part 1: The Myth of the Free Market 2 Capitalism Unmasked - Part 2: The Shareholder Value Myth 3 Capitalism Unmasked - Part 3: The Trickle-Down Delusion 4 Capitalism Unmasked - Part 4: The Myth of the Lazy Poor 5 Capitalism Unmasked - Part 5: The Self-Fulfilling Prophecy of Distrust 6 Capitalism Unmasked - Part 6: The Education Myth 7 Capitalism Unmasked - Part 7: The Myth of Natural Inequality 8 Capitalism Unmasked - Part 8: The Myth of Capital Flight 9 Capitalism Unmasked - Part 9: The Myth of the Rational Consumer 10 Capitalism Unmasked - Part 10: The Hidden Costs of 'Free' Markets 11 Capitalism Unmasked - Part 11: The Myth of the Self-Made Man 12 Capitalism Unmasked - Part 12: The Myth of Efficient Financial Markets 13 Capitalism Unmasked - Part 13: The Myth of Corporate Social Responsibility 14 Capitalism Unmasked - Part 14: The Myth of Growth 15 Capitalism Unmasked - Part 15: Development Institutions - Help or Hindrance? 16 Capitalism Unmasked - Part 16: The Myth of Immigration Harm 17 Capitalism Unmasked - Part 17: The Myth of Flexible Labor Markets 18 Capitalism Unmasked - Part 18: The Myth of Shareholder Primacy 19 Capitalism Unmasked - Part 19: The Myth of Technological Unemployment 20 Capitalism Unmasked - Part 20: The Privatization Illusion 21 Capitalism Unmasked - Part 21: The Myth of Patent Protection 22 Capitalism Unmasked - Part 22: The Myth of Government Debt Crisis 23 Capitalism Unmasked - Part 23: Finance - Economy's Brain or Parasite? ← Series Home What They Tell You Economic growth is essential for prosperity. More growth means more jobs, higher living standards, and the ability to solve problems. GDP growth is the best measure of progress. Without growth, economies stagnate, unemployment rises, and societies become unstable. Growth allows us to have more without taking from others. ...

Shattering myths of geography and genetics

The Spark of Ages - Part 2: Shattering the Myths of Geography and Genetics

The Spark of Ages: The Biological Engines of Civilization 1 The Spark of Ages - Part 1: The Four Engines of Human Progress 2 The Spark of Ages - Part 2: Shattering the Myths of Geography and Genetics 3 The Spark of Ages - Part 3: The Creative Response to Catastrophe 4 The Spark of Ages - Part 4: The Moral Awakening That Defined History ← Series Home Introduction Having established that humanity possesses a universal “builder’s toolkit”—intellect, dexterity, language, and a prolonged childhood—we are immediately confronted with a perplexing historical asymmetry. If every human group is equipped with the same biological engines for progress, why has the trajectory of civilization been so radically uneven across the globe? For centuries, historians and philosophers have wrestled with a single, haunting question: Why did advanced civilizations ignite in some regions while others remained in a primitive state for millennia?. ...

The Structural Post-Mortem - Part 6: The Lake Peigneur Disaster: When 400 Feet (122 Meters) of Error Drained an Entire Lake

The Structural Post-Mortem: When Human Error Meets Technical Failure 1 Introduction 2 Part 1: Paconius's Bankrupt Marble: When Innovation Costs a Fortune 3 Part 2: The Fidenae Stadium Collapse: When Profit Killed 20,000 in Ancient Rome 4 Part 3: The Leaning Tower of Pisa: When Foundation Failure Became a Tourist Attraction 5 Part 4: Galileo's Broken Column: When Adding Safety Creates Disaster 6 Part 5: The Boston Molasses Flood: When Viscosity Became Velocity 7 Part 6: The Lake Peigneur Disaster: When 400 Feet (122 Meters) of Error Drained an Entire Lake 8 Part 7: The London Fryscraper: When Architecture Became a Solar Death Ray 9 Part 8: Physics Always Wins: The Data Behind Engineering's Spectacular Failures 10 Part 9: 5 Counter-Intuitive Lessons from Three Legendary Engineering Disasters ← Series Home The Geometry of Catastrophe: How a 400-foot surveying error in 1980 Louisiana unleashed geological forces that drained a 3.5-billion-gallon lake in three hours, permanently altering an ecosystem. ...