Banking and the State

Written by Thorsten Polleit for Mises.org. The founder of the Medici banking dynasty, Giovanni di Bicci de’ Medici (1360–1429), said to his children on his death bed: “Stay out of the public eye.” His words raise the question, “How much do bankers know about the truth of modern money and banking?” To develop a meaningful…

Trickle-Down Theory of Kindness

Writes Scott Noelle: In peaceful “primitive” cultures, kindness is sustained from generation to generation by a kind of “trickle-down” effect. At its core is the commonly held value of serving and delighting younger people, especially babies. Adults appreciate and support the delight of adolescents,.who delight in the joy of prepubescents,..who enjoy entertaining younger children,…who love…