In 1967, a war broke out, initially between Israel and Egypt. However, Jordan, Syria, and Iraq quickly joined Egypt in a war that lasted but 6 days. There is a lot of dispute over who caused the war and why it happened. What’s the truth? Tune in.
Mass Production Equals Mass Consumption
[R]elative shares in national income have remained substantially constant over the last hundred years. This, however, is true only if we measure them in money. Measured in real terms, relative shares have substantially changed in favor of the lower income groups. This...