Financial Fraud
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Inflation Is Good—In the Right Dose
When we think of inflation today, we often imagine rising grocery bills, expensive fuel, and headlines warning of economic instability. But history tells us a different—and surprisingly positive—story. Take 16th-century Spain. The Spanish conquistadors, Hernán Cortés and Francisco Pizarro, returned from the New World with staggering amounts of gold and silver. Seville became the financial Continue reading
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Do We Really Choose for Ourselves?
Do we truly make choices for ourselves, or are we simply following the path laid out by those we admire? Sometimes it feels like our choices aren’t really our own but borrowed from society’s collective script. We often do what is socially acceptable and avoid what society frowns upon. Take a simple example: school children Continue reading
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(Possibly) the Oldest Recorded White-Collar Crime: A 4,000-Year-Old Financial Fraud
The ancient Mesopotamian civilization is renowned for its early advancements in writing, mathematics and governance. During the reign of King Shulgi of Ur (ca. 2094–2047 BC), major reforms were introduced to improve record-keeping, taxation and bureaucracy. However, with this structured system came increased opportunities for corruption. In fact, we may have one of the earliest Continue reading
