The Wealth of Nations, written by Adam Smith, is truly a masterpiece. Billionaires such as Warren Buffett and Charlie Munger have admired and praised Adam Smith's writing. Here's a video form Berkshire Hathaway's 2015 shareholder meeting, where Warren Buffett and…
Tag: Labor
What Determines The Wages Of Your Labor?
Wages have always been a topic of discussion. I sometimes see people talk about how even after getting a 4 year degree, they barely make enough money to sustain themselves. On the other end, I see folks who never went…
Why Is Universal Basic Income (UBI) Detrimental For The Society?
As the gap between the haves and have-nots grows, the concept of Universal Basic Income (UBI) seems very appealing to the populous. In this week's blog post, I will talk about how the entire concept of UBI is flawed. I…
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