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Here on Economics Detective Radio, we’ve had many discussions about the early modern period, and the circumstances that gave rise to the modern levels of sustained economic growth that were heretofore unheard of in human history. One important question is, what was it about England and the Low Countries in the early modern period that made them the first to transition to modern-style economies? A related, and equally important question is why other times and places throughout history failed to produce an industrial revolution.

My guest today, George Tridimas, has done interesting work exploring the question of why the Greek golden age of 500-300 BCE didn’t produce sustained economic growth. He gives a number of explanations, ranging from cultural and political factors to Greece’s acute lack of the energy sources necessary to produce enough heat to smelt steel.

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  • Today, on Google+, I was accused in an anarcho-capitalist forum of being a coward.  It was sort of an off-topic comment in the thread, but it was of the form “unless you’re taking up arms against the oppressive government, you’re part of the problem, and you’re what makes Libertarians look bad.” So I deeply disagree with this assessment, and see other paths to liberty.  I don’t a-priori rule out the concept that sometimes violent defense of one’s rights is called for, ethically justified, and occasionally even wise and effective.  I do not think that in a society such as ours, today, such a violent revolution is wise, could avoid harming innocents, or even could be effective, as I do not think it has the support of enough of the people to be so. Additionally, I fear it will simply galvanize a fearful population under the banner of the state, and further reinforce its hold on the populace. What say you, cloud city?

    Jump to Discussion Post 13 replies
  • Suppose a group of Ancaps are on the verge of overthrowing a government somewhere and imposing a libertarian social order. Suppose there was a debate in the US about whether to use the military to help them, stop them, or do nothing. Which do you choose and why?

    Jump to Discussion Post 8 replies
  • The purpose of this study is to valuate Fission Uranium Corp (FCU). As Matt Anderson pointed out in the UEC discussion, it would be highly useful to have multiple company studies going on in multiple threads. Participation from all members is strongly encouraged. Before we begin, FULL DISCLOSURE: This is my very FIRST attempt at valuating an uranium company. In fact, this is my first attempt at valuating any resource company. Since this is my first attempt, feedback from more advanced investors/speculators would be greatly appreciated. I will try to make this thread easy to follow by breaking up this study into categories. Some of the categories may include: Management Team Share Structure Properties and Ownership Location Cost structure/Financing Projected Growth Valuation at various Uranium Prices If you have a category you would like to add, simply begin your post with it’s name so other members can quickly navigate. I’m going to start with Management Team and Share Structure.

    Jump to Discussion Post 29 replies
  • Back over on the Beginners Guide to Fundmental Analysis, Maurice proposed some valuations on a couple of UEC’s properties. I figured it would be much easier to start a group and have multiple company studies going on with multiple threads rather than trying to cram them all onto one thread. Maurice, if you want to propose your starting valuations here, I’ll be happy to participate and maybe we could get others to join in as well. Thanks

    Jump to Discussion Post 55 replies
  • Please share your suggestions on a good sources of a passive income.

    Jump to Discussion Post 10 replies