Your favorite chair, cane, plate, coffee cup, what did they do to earn your favoritism? It is funny to think that an inanimate object can hold such esteem, when it has, in fact, done nothing to bring benefit, or harm. The loss of this item might bring some manner of grief, akin to the loss of a love...
Render unto Caesar, it is said, what is Caesar's. The astute might observe in this expression, however, no mention of anything beyond that. It does not suggest that one renders to Caesar what is proper, what is expected, what might earn favor or gratitude, or what might be above or below the renderi...
The ends justify the means, always. That is, of course, the very premise of the decision to execute any means to achieve any end, independent of the notions of good or evil, of merit or demerit. The debate, then, about whether the ends justify the means, that society or any congregated group might h...
Mob mentality is an interesting and powerful phenomena. It can incite riots among the civil, and peace among warring factions. The power of mob mentality lies in the fact that, as observed in other postings within the Wellth Blog, the human tendency is to sympathize with the emotions of...
Does a bank, having given a loan to one customer, clear and void that debt if the debt of a secondary customer is repaid? Does the hunger of a laborer become satisfied because his fellow laborer eats their fill? It seems obvious that, though the logical process of events is satisfied, their effects ...
What is it about the rich and famous that makes their lives so interesting, so mesmerizing, so worth publicizing as dramas and tabloid articles and documentaries?
Adam Smith argues that the nature of humankind is to associate the rich and powerful with that of being wise and virtuous. We ...
COVID-19, more commonly known simply as the coronavirus, has left an indelible impact upon the world in multiple arenas—business, health, economy, politics, finance, and more. As businesses continue to cope with the changes necessitated by the pandemic and resulting in quarantine in many countries, ...
In the world of competitive business, determining the pricing at a company is one of the most significant challenges that upper management will face. Set prices too high and consumers will not engage with the brand, nor will the margin for profit remain in the business’ favor after considering the c...
In the current climate of a world facing challenges due to COVID-19 and the societal and economic structures it has disrupted, businesses around the world have struggled to cope. However, some have fared significantly better than others, and one of the primary reasons is an elastic—or, in other word...
Meet Bob. Bob is a 42-year-old business owner in downtown Nowheresville. He has a loving wife, Sally, and 2 children, Lil' Timmy and Lil' Carol. Bob leaves his house to go to work, Monday through Friday, around 7:25 AM to arrive at his shop around 8 AM. He leaves early so he can take an extra minute...
