Tag: sermon

One Reason Homes Cost So Much

One Reason Homes Cost So Much

In the UK and many other countries houses are expensive very expensive prices have been rising consistently for many decades In England, prices rose by 4255% between 1971 and 2011 If the price of a supermarket chicken had inflated by the same rate, It would cost 51 pounds and 18 pence by now Around 1950, …

What do the Rich really Want?

What do the Rich really Want?

Rich people have a lot of power One of the key questions of modern economics and politics is therefore What do the rich really want? The standard of assumption is tended to be more money, but the reality is stranger and more hopeful. Ironically, the one thing that the rich general aren’t much more motivated …

HISTORY OF IDEAS – Capitalism

HISTORY OF IDEAS – Capitalism

Today, pretty much every economy in the world is organized along capitalist lines but at the same time, capitalism is almost everywhere regarded with disappointment, frustration and suspicion. Interestingly, none of the criticisms are new. They’ve been dogging capitalism since its inception. So let’s look back in time to figure out how capitalism got its …

Artificial Intelligence

Artificial Intelligence

The prospect of artificial intelligence excites and repulsive people in equal measure: will it bring us a kind of paradise or a techno hell? To get a clearer handle of what might happen and when, it’s best to divide A.I. into three categories. The first of these is “artificial narrow intelligence” or what people call …

Why Some Countries Are Poor and Others Rich

Why Some Countries Are Poor and Others Rich

There are 196 countries in the world. 25 of them are very rich, defined as having an average wealth per person of over $100,000 a year. They are: But far more countries are quite poor, and some – which we’re considering here – are very very poor. These are the 20 poorest countries in the …

True Wealth

True Wealth

Money can’t buy happiness. I completely disagree. I would love, absolutely love, to have a sweet sports car, chromed-out, souped-up. I think that would make me pretty happy! I drive a car right now in South Florida with no air-conditioning. We’re like six and a half inches from the sun. I would love to have …

How to Make a Country Rich

How to Make a Country Rich

Most of what we call ‘politics’ really revolves around the question of what you need to do to make a country richer. Rather than ask this of any specific country, let’s imagine designing a country from scratch. How could you make it as rich as possible? Suppose the brief was to design ‘Richland’: an ideal …

POLITICAL THEORY – Adam Smith

POLITICAL THEORY – Adam Smith

Adam Smith is our guide to perhaps the most pressing dilemma of our time: how to make a capitalist economy more humane and more meaningful. He was born in Scotland in Kirkcaldy – a small manufacturing town – near Edinburgh in 1723. He was a hard working student and very close to his mother. He …