Percent in Word Problems: Problem About Profit, A
This clip explains that percent problems involving money sometimes include special words which need to be understood. In this case, the words are: "profit" and "original cost." Otherwise, the setting up of proportions and cross-multiplying are done ...
The Power of the State
Philosopher John Searle argues that the power of the state is created by the fact that people are willing to accept it. He goes on to say that this is true with all of our social institutions. As an example, he mentions money, noting that if people ...
Greed
Philosopher Martha Nussbaum talks about the theory of rational self-interest. She observes that one good thing about greed is that it "sometimes tends to distract people from even worse things, like militant ethnocentric nationalism, racism..."