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Bloomberg surprise readers a few days ago with the headline: “Vietnam’s Communists Join Musk, Milei in Slashing Government.” https://www.bloomberg.com/news/articles/2025-01-09/vietnam-s-communists-join-musk-milei-in-slashing-government The article states: “As Elon Musk und Argentina’s Javier Milei champion ambitious plans to dramatically slash
The evolution of the human mind gave rise to psychological, sociological, and economic needs. As psychological needs evolved, a greater sense of self-awareness and consciousness developed. This development led to the formation of complex social
Entrepreneurship involves such a range of activities and levels of analysis that no single definition is definitive. – Lichtenstein (2011, p. 472) Entrepreneurship is such a vague term that a single definition cannot cover up
According to Walter Isaacson’s biography of Elon Musk, in the early 2000s, after selling the company PayPal, Musk was sitting with some of the company’s alumni in Las Vegas and one of them asked him
Anti-capitalism is back in fashion. Even Marxism, which many had declared dead after the collapse of socialism, is experiencing a renaissance. Books such as those by the left-wing French economist Thomas Piketty are popular. In
In the course of the 20th century, Venezuela went from being one of the poorest countries in Latin America to becoming the richest. In 1970, it ranked among the 20 richest countries in the world
According to the 2023 Index of Economic Freedom, Sweden is among the most market-oriented economies worldwide. Overall, it ranks in 10th place, far ahead of the United States (25th) and the UK (28st). But public
In the Nepal’s governance landscape, the relationship between federal and provincial authorities plays a crucial role in establishing the business environment. As Nepal moved to federalism provincial governments are assigned with significant responsibilities. Nevertheless, troublesome
Today, as socialist ideas once again gain popularity around the world, people should remember an unintentional, large-scale experiment that confirmed the superiority of capitalism over socialism. If even the Germans couldn’t make socialism work, so
The contrast between North and South Korea could hardly be starker. According to the 2023 Index of Economic Freedom, the latter ranks as the 15th economically freest country in the world, ahead of the UK
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