Welcome to this second post on the theories of the invisible hand and free market economies. This post explores a key concept of economics: the market is most efficient ... Read the Post...
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Free Market, Supply and Demand: The basics
The theory of the free market and supply and demand is what underpins today's economy. This post gives a clear, readable overview of the theories Adam smith, possibly the most ... Read the Post...
Do Socialism and Communism work?
How does socialism compare with communism? Are they good, or can they be good? In this post we look at the two philosophies side by side and show you: ‘4 reasons why socialism ... Read the Post...
What is Socialism? is it good or bad?
This is a short, intuitive post that answers the question: ‘What is socialism?’. I'll explore how and why it came about. I'll explore the economic principles, and how the ... Read the Post...