Is Greed Important For Success in Life?

If you want to 'win' at capitalism, you must be self-interested and greedy.

• Post author:Paul Abela
• Post published:February 28, 2021
• Post category:Economy

In 1986, Ivan Boesky made a speech at the University of California, proclaiming “greed is healthy.” When growing up, we’re all taught that being greedy is a less than desirable character…

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If you want to 'win' at capitalism, you must be self-interested and greedy.

Bitcoin Has a Filthy Secret (of the Environmental Kind)

Bitcoin has created a bonanza, but its growth comes at a terrible price

• Post author:Paul Abela
• Post published:January 31, 2021
• Post category:Economy

“If you’re seeing Bitcoin on a bus, it’s time to buy.” An advert on London’s double-decker buses hints at the cryptocurrencies' remarkable rise to power in a few years. At the…

Continue ReadingBitcoin Has a Filthy Secret (of the Environmental Kind)

Bitcoin has created a bonanza, but its growth comes at a terrible price

Should It Be Made Illegal to Be A Billionaire?

The gluttonous wealth of a tiny minority traps wealth that could be used for the social good

• Post author:Paul Abela
• Post published:January 17, 2021
• Post category:Equality

Items on a billionaires shopping list might include, the Moonrise superyacht costing $200 million, the Graff Hallucination watch costing $55 million, or maybe an Airbus A380 private jet costing an eye-watering…

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The gluttonous wealth of a tiny minority traps wealth that could be used for the social good

How Banks Control Everything by Creating Money Out of Nothing

And no, it’s not a magic trick

• Post author:Paul Abela
• Post published:May 31, 2020
• Post category:Economy

Henry Ford once said, “it is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a…

Continue ReadingHow Banks Control Everything by Creating Money Out of Nothing

And no, it’s not a magic trick

Why Are Nurses Paid So Badly?

Those we depend on the most are paid the least. Those we rely on the least are paid the most, but why?

• Post author:Paul Abela
• Post published:May 3, 2020
• Post category:Equality

According to the Office for National Statistics (ONS), which analyses annual income in the U.K, the average pay for nurses in 2019 was £33,242 ($41,599). Compare this to financial managers who…

Continue ReadingWhy Are Nurses Paid So Badly?

Those we depend on the most are paid the least. Those we rely on the least are paid the most, but why?

How the NFL Encourages Fair Competition

The NFL shows how a closed market increases competition while a free market only works for a dominant minority

• Post author:Paul Abela
• Post published:April 23, 2020
• Post category:Economy

The NFL draft may feel a little different this year due to Covid-19 but the rules remain the same. The NFL’s worst-performing team from last year gets the first pick of…

Continue ReadingHow the NFL Encourages Fair Competition

The NFL shows how a closed market increases competition while a free market only works for a dominant minority