Tag Archives: economics

White Man’s Burden

When I first heard of this expression, I thought it was some general paternalistic phrase.  But when I found out that it also came from Rudyard Kipling’s poem encouraging the colonization of the Philippines by the United States, it kinda … Continue reading

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Foreign Exchange

Photo Credit: http://ocw.mit.edu/ans7870/21f/21f.027/rise_fall_canton_04/gallery_places/pages/cwC_1805_E78680_Flags.htm Before 1842, Canton (Guangzhou) was the only port in China open to foreigners. After losing the Opium/Trade War to the British, the Chinese government finally gave in to British demands, conceding the right to trade in five … Continue reading

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Politics

Photo Credit: The New Zealand Observer, work initialled “BLO” In Book III Chapter 9 of Politics, Aristotle concludes that: Political society exists for the sake of noble actions. But is this what we think of when we hear the word … Continue reading

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Borders

The Great Wall of China was built as early as the 7th century BC along the historical northern borders of China to protect the Empire from warlike nomadic peoples.  But it is one thing to designate territorial boundaries and build … Continue reading

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Wheels

Photo Credit: Anomie The wheel is one of my favorite symbols because it signifies eternity and movement.  Specifically the traditional spinning wheel is used in the Indian flag, and I would like to discuss India for this post, as it is … Continue reading

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Productive

Photo Credit: Brown University Library Growing up, I never found it appealing to work in a factory.  But now that I know its significance, I see the “beauty” of manufacturing.  Unfortunately, it took me around 15 years to understand the … Continue reading

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Modern Living

Photo Credit: Popular Science Monthly Volume 12 As the Industrial Revolution gained speed, new sources of power were needed.  In 1769 James Watt, a Scottish engineer, developed a practical steam engine.  Steam had been used as a source of power … Continue reading

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