Is the PRC a Socialist nation-state? Certainly, the CPC in Beijing is adamant about the PRC being Socialistic, to which this author is inclined to agree (even if my interpretations are more nuanced). The consensus outside the PRC, however, is… Read More ›
Dasein
Compendium: Theories of Money (Pt. I of II)
Competing Theories of Money have proliferated in the Western world when the concept of Currency became grew increasingly important since the Renaissance. In addition to the Theories of Value that argued for different ways to determine how much something should… Read More ›
Compendium: Theories of Value (Pt. I of II)
Is the Value of a good or service determined by the value-judgments and attitudes of the beholder? Or is the Value not informed by anyone in particular and can be measured objectively? Assuming if the Value can be judged intrinsically,… Read More ›