Know Your Adversary

As I watch a video, which shows the vandalism of immigrants in Europe, I wish that the political leaders in Europe would put an end to vandalism and rallies as decisively as China cracked down on demonstrators in Tiananmen Square in Beijing in 1989. 1989 the Western World loudly accused the government of China of…

Homo Sapiens vs. Homo Economicus

The strong belief of Alan Greenspan to the free capitalistic market economy is based on his perception of human being as a rational thinking creature. The core idea of capitalistic market economy and free competition is incorporated in the term homo economicus. A human being has rational mind and when homo economicus makes rational choices…