Corruption: Where We Don’t Like Folks Getting Along Too Well | Lalit Panda

Economics had, of course, previously developed a politically (or economically) correct term to condemn corrupt activity: rent-seeking. However, this is a much wider term, referring even to entirely legal pursuits by which individuals could seek to corner wealth for themselves without actually participating to create new wealth. Continue reading Corruption: Where We Don’t Like Folks Getting Along Too Well | Lalit Panda

The Left, The Right and The Ugly: The Force Awakens | Sujoy Sur

Since the Biblical figure of Jesus, barring John Ball, there have been many people who have advocated against the tyranny of the few leading to the oppression of the many. The two most famous of them being Adam Smith and Karl Marx. Smith, a professor in Moral Philosophy, propagated that men are the best judge of themselves, which includes their ability to sell their skill and labor. Continue reading The Left, The Right and The Ugly: The Force Awakens | Sujoy Sur