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Who do you know? Your connections form part of your social capital; the network, shared values, and mutual understandings that encourage trust, facilitate trade, and make cooperation easier. Henry George noted that trust was a pre-condition to trade. Nobel Prize winning economist Elinor Ostrom regarded social capital, along with physical, human, and natural capital, as […]
Our economic system often features opposing interests; workers who want more pay, capitalists who want more interest, shareholders who want more profits, and landowners who want more rent. In Germany, businesses adopt a different mindset; emphasizing the long term, placing great value on relationships with employees, customers, and suppliers, promoting innovation, and committing to the […]
Politics on both sides of the Atlantic have been jolted by a populist surge widely portrayed as a protest against economic globalization and mass immigration. In this seminar, former US diplomat and investment banker Edward Harrison will spotlight a neglected wellspring of the populist grievances sweeping the United States and Europe — crony capitalism masquerading […]
In this seminar, Dr. Yannis Tziligakis discusses how Rents, Interest, Wages, Taxes, and Money interact in the Big Apple’s Political Economy. As New Yorkers once again head to the polls, find out how both the Democratic and the Republican parties collaborate with the rent-seeking elites to exploit, divide and eventually subdue the working class. Speaker: […]
A keen observer, Henry George noted the importance of cooperation in generating wealth, yet also recognized that competition was essential to civilization. Another astute observer, Jane Jacobs, stated “Whenever and wherever societies have flourished and prospered rather than stagnated and decayed, creative and workable cities have been at the core of the phenomenon. Decaying cities, […]
