Teaching Astronomy

1. Very few people, even among academics, professionals and economists of all kinds, or well-educated people, understand the difference between the concepts of capitalism and rent-seeking. All will have some…

1.Property is usually divided into two categories: moveable property and real estate (also known as real property or chattel in the UK). In moveable property one finds items such as…

1. By the year 1900, all land had been enclosed everywhere: it was a complete state of private ownership. Today, it is sold and bought just like any product of…

1. There are few places today where land is freely available. In Greece, following the 2010 crisis, the government was giving away for free state-owned land in Macedonia, provided the…

1. In the previous post, we examined broadly how in a country wealth is produced from three primary factors: man’s Labour, the Land and the Conditions, under which the first…

1. Let us summarise the basic ideas we have studied so far. Diagram 1 shows the basic parts in the play of the life of man. The setting is the…

1. These articles in Political Economy seem plain enough. Political Economy is a very simple science, in contrast with what people generally think about it: every one of us can…

1. The distribution of natural resources and the division of wealth has to be fair and just. But, what is that, which we call justice? We all have the desire…

1. Today, many of us live and/or work on the 2nd, 5th or the 8th floor of an apartment or office building. The thought that the building is standing on…