Capitalist: Capitalism provides for the most efficient allocation of resources, wealth creation and individual choice. It's the best economic system we've got. State Socialist: There are other values than efficiency, prosperity and choice. Capitalism tends toward oligarchy and monopoly. As industries concentrate and gain economies of scale, wealth creation is concentrated for the benefit of … Continue reading Conversations on Political Economy
Category: lessons
The Rule of Awkward Silence
"[T]he rule of awkward silence is simple: When faced with a challenging question, instead of answering, you pause and think deeply about how you want to answer. This is no short pause; rather, it involves taking several seconds (10, 20, or longer) to think things through before responding.If you're on the receiving end--and not used to … Continue reading The Rule of Awkward Silence
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