Tag Archives: Economics

Why Nations Fail

Why Nations Fail: The Origins of Power, Prosperity, and Poverty Daron Acemoglu and James A. Robinson, 2012 The book applies insights from institutional economics, development economics and economic history to understand why nations develop differently, with some succeeding in the … Continue reading

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Bushido

August 23, 2008 Bushido      There are 7 principles the Samurai lived by: Gi, Yu, Jin, Rei, Makoto, Melyo and Chugo.  That means Courtesy, Honesty, Honor, Devotion, Courage and Love.  That is called Bushido. Gi=The Right Decision, the Right Attitude … Continue reading

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Entropy

February 19, 2007   Entropy has many implications.  It was developed or discovered in relation to thermodynamics.  Entropy, then, is used to describe energy dispersal and the idea of irreversibility. The practical applications grew to encompass the ideas of order … Continue reading

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