Manuel Lan
948 posts




Lots of Very Smart People have asked Poor Elewa to read Why Nations Fail, and realize that “IQ is fake”. However, strange thing; I read the book, and I see that they simply beg the question every single time. Let me show you something.


I love the anger that my post generated from Nigerians who could'nt wait to sell western propaganda of Malian military being confined in Bamako. Time to face your front & stop spreading propaganda against AES. It is only in Nig that terrorists operate everyday. Rest


Carl Menger destroyed the labor theory of value in 1871 with a single insight: humans value goods based on their marginal utility, not the labor embedded in them. The same year, William Stanley Jevons in England and Léon Walras in France independently arrived at similar conclusions about marginal utility. Three economists, three countries, one revolutionary idea that shattered Marx's entire framework. Menger's "Principles of Economics" went further than his contemporaries by building economics from individual human action rather than mathematical abstractions. While Jevons and Walras constructed elegant equations, Menger asked the fundamental question: why does anyone value anything at all? His answer traced value back to human needs and the decreasing satisfaction each additional unit provides. The tenth glass of water matters less than the first when you're dying of thirst. The timing wasn't coincidental. By 1871, classical economics had painted itself into a corner with the labor theory of value. If labor determines value, why do diamonds cost more than water? Why do identical goods sell for different prices? Value exists only in the mind of the acting individual. No intrinsic value, no objective measurement, just human preferences ranking scarce goods according to their ability to satisfy wants. Menger's approach created the foundation for the entire Austrian school tradition that followed. Böhm-Bawerk used marginal utility to explain interest rates. Mises extended it to money and the business cycle. Rothbard applied it to ethics and political theory. Every free market economist since 1871 stands on Menger's shoulders. The establishment still teaches economics as if Menger never existed, preferring mathematical models to human action, aggregate demand curves to individual choice, and central planning to market processes.


This woman’s husband is one of the smartest Nigerian men I’ve ever seen. He understood that you must never take a Nigerian woman abroad unless she’s paying out of her own pocket. So he left her in Nigeria, lived his best life abroad, and still fulfilled his primary responsibility by providing for her. He knew that if he had taken her abroad, she would probably have divorced him within a year. He most likely found a beautiful and cultured foreign woman who would not cause problems and chose to live with her for his peace of mind. No man in his right mind would leave his wife in Nigeria if she had proven her love, made sacrifices for him, and shown that she is an asset. One could argue that this woman showed none of these qualities, and he didn’t find her worthy of being taken abroad. Anyway, I’m happy that she’s finally free and I look forward to seeing her divorce glow.

why are farm animals taking over my twitter timeline


And they pack a ton of likes too. I don't know what gimmick is being run, but let them have fun.



Rome obviously. The US isn't an empire, they just have a fat navy and their currency is used to buy oil. Rome controlled all the land between the UK and Syria at their peak. That included wealthy places like Jerusalem, Greece and Egypt. They were a problem.
















