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I have a BBA in Finance and studied economics under some pretty amazing professors. I was always an ardent supporter of capitalism, but over the years I have come to question its long-term sustainability, I believe that the flaw of capitalism is its foundation - profit. While this powerful incentive...
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Ricarp and Arachno Capitalist are the most closely to the point in the moment. However my question was not well to the point as well. I fact there are two questions: Would the supply of resources decrease (resources become ever more scarce) if energy prices rise constantly faster than price of every...
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This is a true question; I have not made my mind up about this. To keep things simple I first limit the question to resources which can be mined. As I understand the common error of Greens and the "Club of Rome" is to mix up resources and reserves. While resources are defined as what is accessible...
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Hello, I am in the middle of a rather verbose 'conversation' with an aquaintance, and his most recent response to me contained the following paragraph: Evidently you have fallen victim to recent propaganda about the Community Reinvestment Act. The CRA actually restrained subprime lending. I urge...