socialism

The Best Stuff We've Read This Week

Each week, Josh and Chuck read tons of great articles, some of them really good. Here are the best of the bunch for your enjoyment.

The Best Stuff We've Read This Week

Each week, Josh and Chuck read tons of articles, some of them really great. Here are the best of the bunch.

How Socialism Works

In America it's virtually a dirty word, but after being dragged through the mud for a century, socialism is still a part of the U.S.'s national character. Learn about this foil and complement to capitalism and why it might not be so bad.

The Best Stuff We've Read This Week

Each week Josh and Chuck read tons of articles and plenty of them are really good. Here are the best of the bunch.

Back in 1839, a man named Charles Goodyear figured out how to vastly improve rubber beyond its natural state with a process called vulcanization. Once vulcanized, rubber -- which is naturally gooey at warmer temperatures and rigid at cool temps -- becomes capable of withstanding punishing heat and pressure. Suddenly the uses of rubber opened up considerably -- tires, hoses, shoe soles, fan belts -- and since this coincided with the Industrial Revolution, mass production of these products meant vast supplies of raw rubber were needed.

The spirit of Muhammad Yunus is taking yet another beating. Chuck and I have written in defense of the concept and practice of microlending before, despite its flaws; chiefly, that there are inscrupulous microfinance companies that take advantage of the poverty-stricken. Under these conditions microlending is just one more way to take advantage of the world's poor.