Economics., hygiene

Potty Talk: Economics

Economists have won a noble peace prize for observing our everyday behavior, giving it definitions, and making assumptions why we act a certain way. These assumptions turn into theories and then are extrapolated to explain the world. They then get the awards.Let me give you an example of a theory that helped guys sell books… Continue reading Potty Talk: Economics

business, Economics.

Business, what is the point?

There is a fundamental argument of what the purpose, the end goal, of what business should be. Milton Friedman, a world renowned economist, said, "The social responsibility of business is to increase its profits," he also said that corporate executives have no other responsibility than to "make as much money for their stockholders as possible."… Continue reading Business, what is the point?