The Wealth of Nations explicitly categorize gold and silver money, despite its necessity for commerce, as a “dead stock” that is unproductive, contrasting its circulation function with the actual generation of wealth. This perspective is central to understanding the true nature of national capital. I. Money as the Universal Instrument of Circulation The function of… Continue reading Gold and Silver Money in The Wealth of Nations
Author: MMP
The 3 Phases of Building a Business with Case Studies
Starting a business is exciting, but it requires more than just passion and a good idea. To turn your vision into a sustainable venture, you need clear planning, smart execution, and ongoing management. This guide walks you through the essential steps of building a business—from the spark of an idea to long-term growth and even… Continue reading The 3 Phases of Building a Business with Case Studies
Learning from Failures: Coca-Cola, Netflix, and Amazon
In business, failure is often treated as a dirty word. It is seen as a mark of poor judgment, lack of preparation, or weak execution. Careers stall because of it, reputations suffer from it, and companies spend enormous energy trying to avoid it. Yet, paradoxically, failure is also a critical driver of innovation. Without it,… Continue reading Learning from Failures: Coca-Cola, Netflix, and Amazon
All About Zero by Prime
Prime Bank PLC has launched Zero by Prime, a Visa Signature credit card that redefines how customers experience banking in Bangladesh. As the country’s first truly fee-free credit card, it combines premium lifestyle benefits with total financial transparency. Zero by Prime isn’t just another card—it’s a bold move toward customer-first innovation in retail banking. Why… Continue reading All About Zero by Prime
Bangladesh Bank MPS for July-December 2025
The Monetary Policy Statement (MPS) for July-December 2025 (H1FY26) from Bangladesh Bank (BB) is more than just a financial report; it’s a comprehensive roadmap outlining the nation’s economic strategy for the coming months. Released amidst a backdrop of significant macroeconomic challenges and a shifting political landscape, this MPS reflects Bangladesh Bank’s steadfast commitment to navigating… Continue reading Bangladesh Bank MPS for July-December 2025
The Wealth of Nations by Adam Smith-Book Summary
Adam Smith’s The Wealth of Nations (1776) is a landmark work in economics that laid the foundation for classical economic thought. Divided into five books, it explores the origins and mechanisms of national wealth, the role of markets, capital, labor, and government. Here’s a breakdown of its key ideas: Book I: The Causes of Improvement… Continue reading The Wealth of Nations by Adam Smith-Book Summary