We Need to Overthrow Capitalism

Self-proclaimed economics and capitalism guru, Friedricha Engelson, violently convulsed in her Econ 101 lecture after her professor triggered her with a cogent understanding of competition in microeconomic theory. Spilling vegan chai latte all over herself and her neighbors, Adamina reportedly woke up everyone in class. The professor noted that, “Friedricha’s distaste for competition is probably […]

The Modern Welfare State Erodes Individual Initiative

Ever since its conception, the implementation and adaptation of the welfare state have both intrigued and perturbed economists.  While many have praised welfare’s ability to maintain and support a minimum societal level of well-being for all citizens in their time of need, others have expressed doubts at its level of effectiveness—especially its ability to motivate […]