Nominalist ideas influenced the scientific revolution, shaping its departure from metaphysics, its mechanistic perspective, and the mathematization of all sciences. This paradigm has brought about some errors in economic thinking.

The so-called White House “coverup” of former President Joe Biden‘s dementia was really a coverup by the legacy media, which worked with White House officials to ensure Americans would not know the truth.

In contrast to an ancient agrarian economy, the developing economy presented many risks and costs for lenders, and the idea of what was fair and just in money lending had to change. 

How much money does an economy need in circulation to function? Austrians believe that a growing economy does not need a growing supply of money, which sets Austrian Economics apart from other schools of economic thought.