A universal income may seem like a true social welfare paradise. In general, UBI (universal basic income) is a regular cash payment made to people to increase income. It would have minimal or no requirements for receiving money. In a world where …
Read More »Inflation Skyrocketed! Why the Fed was to be Blamed.
By Owen Ouyang By the emergence and expansion of modern economic interventionism, as the gold standard outlawed and fiat money prevailed, the lack of stable currency and overwhelming state seigniorage have caused inflation and unstable prices to be rampant worldwide. By recent …
Read More »Why Not Inflation? An Undeniable Fact about Monetary Inflation
By Owen Ouyang Monetary inflation was regarded by many as an effective method to boost consumption and contribute to economic growth. Nevertheless, by nature, the quantitative easing implemented by the state was backed merely by fiduciary media rather than real commodities. In …
Read More »The Road to Serfdom: Lenin’s long term political influences in the 20th Century Russia
By Owen Ouyang As the establisher of the first Communist State, Lenin had a profound influence on the political structure in the post-Revolution era. In the long term, Lenin snuffed out the hope of Russian democracy and regressed it back into an …
Read More »“All Power to the Soviet!”: Lenin’s short term political influences in the 20th Century Russia
By Owen Ouyang Lenin was a vitally significant figure for 20th Century Russia, the implementation of Lenin’s strategies led to nationwide catastrophe with immediate devastating impacts on the power structure and many peoples’ lives in the short term. Ideologically, Lenin could be …
Read More »The Inevitable Comparison
Serena Mao It’s almost inevitable to commit the crime of sibling comparison as a parent: after all, when your kids live in the same household under your guidance, it seems natural to see how each of them compare in the face of …
Read More »Constructive Criticism
Serena Mao Our friends and family are typically those that are the most comfortable asking for our opinions on what they are doing or should do. On the contrary, however, they are also the people that we likely feel the most uncomfortable …
Read More »