by ELC Staff | Feb 21, 2024 | Communication & Information Theory, Karl Marx, Racism, Religion, Schools of Thought
A great deal of energy is spent attacking a thing called “Critical Race Theory.” This lesson discusses “Critical Theory” in general and tries to learn from it. A great deal of work in this area has been influenced by the work of Karl Marx...
by ELC Staff | Jan 8, 2024 | Decision Making
https://fee.org/articles/why-the-ev-market-is-sputtering Last month Ford announced it was slashing in half its production goal for its most popular electrical vehicle, the F-150 Lightning pickup truck. Bloomberg News reported that the company’s flagship...
by ELC Staff | Dec 5, 2023 | Uncategorized
This webliography provides references to help learn and teach economics. This is a dynamic and verified list. https://evonomics.com
by ELC Staff | Nov 16, 2023 | Uncategorized
Was Karl Marx a communist or a socialist? Karl Marx was the co-author of The Communist Manifesto and an avowed communist. However, he recognized that promoting socialism was a means of achieving communism. What is the difference between communism and...
by ELC Staff | Nov 16, 2023 | Uncategorized
Capitalism: an economic system in which ownership of property and industry are put in the hands of individuals rather than the government. Socialism: an economic system in which the government wholly runs the economy, sets wages and prices, and decides who...