Tag Archives : free world

The reputation held by the Berlin Wall before it was ‘torn down’ twenty years ago was largely a product of propaganda machines. Clearly, it was just another Cold War myth. It played neatly into a Cold War cliché about The Free World vs. Communist Tyranny. ‘In 1961, the East Berlin communists built a wall to keep their oppressed citizens from [...]

When income does not go to savings, it generally ends up in the realm of consumption. The principle of consumption rests on the concept of disposable income. When one has more income to spend, he has the bigger opportunity to consume. Consumption is rather attractive and tempting, at times. In a free world, there really is no barrier to consumption [...]