Post No.: 0937 Furrywisepuppy says: Cryptocurrencies are digital or virtual currencies that use cryptography to secure transactions. They don’t have a central issuing or regulatory bank, or use banks to verify transactions, but instead use a distributed public … Read More
Post No.: 0920 Furrywisepuppy says: Trade unions divide opinions. One’s stance mainly depends on whether one is an employee, an employer or some other member of the public in a particular situation. (The latter group include customers of … Read More
Post No.: 0906 Furrywisepuppy says: Wealthier people obviously find it easier to conduct in philanthropy than the poor. It shouldn’t be surprising that those who are able to give more (e.g. those living in the ‘Global North’ compared … Read More
Post No.: 0888 Furrywisepuppy says: Democracy and communism concern who decides who rules. Capitalism and socialism concern economic systems. So democracy and socialism aren’t actually mutually exclusive, and communism and socialism aren’t really synonyms of each other. … Read More
Post No.: 0876 Furrywisepuppy says: Is a good excludable (can I prevent someone else from consuming it)? And is it rivalrous (if I consume it, will someone else be affected by it)? If the answer is no … Read More
Post No.: 0860 Fluffystealthkitten says: According to philosopher Karl Marx, a bourgeois society comprises of the bourgeoisie who hold the means of production and the proletariat who have nothing to offer except for their labour. And so the … Read More
Post No.: 0855 Furrywisepuppy says: Immediately after UK Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng’s libertarian policy of tax cuts for the richest, lower government interference and ‘trickle-down economics’ was announced in 2022 – … Read More
Post No.: 0851 Furrywisepuppy says: If there aren’t enough jobs then ‘fighting hard to get what few jobs there are’ won’t really help reduce the nation’s unemployment figures. This should be obvious. As an extremely simplified illustration – … Read More
Post No.: 0843 Furrywisepuppy says: The technique of ‘one cuts the cake, the other chooses which slice’ is fine for things that can be split into two. But not everything can be. In these cases, ‘one should … Read More
Post No.: 0835 Fluffystealthkitten says: Businesses often overstate or even concoct problems just so they can market to us the ‘solutions’ that we ‘need’ for them. Pharmaceutical companies, in particular, have been struggling to find new treatments … Read More
Post No.: 0825 Furrywisepuppy says: During negotiations, people often descend into a pattern of ‘I’ll take this option off the table if you take that option off the table’ and so forth until they meet at the middle … Read More
Post No.: 0819 Furrywisepuppy says: Racial discrimination and/or being born penurious may first lead to receiving sub-optimal nutrition as a child, and an increased risk of parental maltreatment due one’s parents’ own stresses as a result of the … Read More
Post No.: 0804 Furrywisepuppy says: The ‘foot-in-the-door technique’ involves making a small, unobtrusive furry request that should be easily acceptable, then later asking for a bigger request. This latter request will now have a greater chance of being … Read More
Post No.: 0797 Fluffystealthkitten says: It was a while back when I said I would round off this series on global economic development – back in Post No.: 0567 in fact, when we discussed the pros and cons … Read More
Post No.: 0783 Furrywisepuppy says: Price sets up such powerful expectations that a packaging design and price can make consumers presume its contents are either a higher or lower quality, even when the contents are the same as … Read More
Post No.: 0765 Furrywisepuppy says: Negotiation is a game, where each side hopes the other will believe that a ‘final offer’ is really so. Make it a fun game if possible. It’s serious stuff yet don’t take yourself … Read More
Post No.: 0755 Furrywisepuppy says: Physical stores employ a bunch of techniques in order to get us to spend more, that we might not consciously notice – these include the design of the aisle layout, the placement of … Read More
Post No.: 0746 Fluffystealthkitten says: Some common but unreliable heuristics that customers trust in include assuming that ‘a higher price always means a higher quality or better product’, ‘a discount always makes something good value’ or ‘multi-buys always … Read More
Post No.: 0738 Fluffystealthkitten says: Marketing companies nowadays routinely employ popular influencers to try to get messages or videos trending on social media like on Instagram, YouTube, TikTok or whichever platforms are most currently fashionable and relevant for … Read More
Post No.: 0711 Furrywisepuppy says: The holy grail for doing something that’s desirable is instilling an intrinsic motivation for doing it. This was expounded in Post No.: 0705. But not every task or desirable behaviour can be … Read More
