Learn more about economics with this collection
Identifying the skills needed for the future
Developing a growth mindset
Creating a culture of continuous learning
It's year 10,191, and human beings have spread out and colonized planets throughout the universe. On the planet Caladan, Duke Leto of the House of Atreides is preparing to leave for his new position as the governor of Arrakis, a desert planet with valuable resources of melange, a spice drug that is extremely popular with wealthy people. Leto and his family, including his concubine, Jessica, and his son, Paul, suspect a trap by their rivals, the Harkonnens, led by Baron Harkonnen. Leto decides to settle on Arrakis because of its rich supplies of melange, despite warnings from his men.
18
327 reads
Leto's main plan is to enlist the Fremen, the tough natives of the Arrakeen desert, as soldiers and advisers but he's betrayed by one of his own soon after arrival, and Paul and his mother, are left to fend for themselves.
Eventually, Paul and Jessica come into contact with the Fremen, a group of people native to Arrakis. Paul learns more about his heritage and psychic abilities and even meets his love interest, a Fremen woman named Chani.
The remaining members of the Atreides family soon join forces with the Fremen to take back Arrakis and avenge their family.
17
113 reads
On the Atreides home planet of Caledon water is everywhere there are vast oceans rivers and rainstorms so the people living there can consume a lot at virtually no cost.
On Arrakis, although water is extremely scarce, it's expensive. Even wet towels from the palace are sold to Fremens with whatever moisture that can be wrung out of them. This is a fantastic lesson on subjective value.
17
127 reads
The average price of a good or service is not based on the amount of labor or the cost of the resources required to produce it. It's a function of supply and demand value changes depending on individuals desires and preferences and it's based on the availability of whatever it is that they want relative to how many other people happen to want the same thing at the same time
For eg- if you are thirsty and have a bottle of water, you are very less likely to give it to me or maybe charge a lot of money. On the other hand, you might have 100 bottles and may just give them to me for free.
19
85 reads
Nothing is more useful than water: but it will scarcely purchase anything.
A diamond on the contrary has scarcely any
use-value but a very great quantity of
other goods may frequently be had in
exchange for it.
20
128 reads
Contradictorily, spice(the most expensive thing in the universe) is only found on Arrakis.
Still, much of the Arraken population is materially poorer than a lot of people alive on earth today.
The reason is the political system in Dune: Imperial Feudalism which means the entirety of society is controlled by a private political party and since the territory is vast, some power, in this case, is delegated to Dukes and Barons.
The people of Arrakis, are also not legally allowed to own productive land or keep the proceeds of their work.
17
137 reads
It means the state should play a dominant role in the economy, in particular by controlling commercial activity Everything the citizens of Arakis produce belongs to the Emperor and It decides what to do with it and who profits from it.
The government directly supports favored companies or
corporations and inhibits competition. They typically do this through tariffs subsidies and regulations that restrict
who is allowed to participate in commerce.
The company responsible for melange is CHOAM aka the honorable union for the advancement of mercantilism in which the emperor has directorship.
17
74 reads
As a result of the policy, the people of Arrakis have no purchasing power with which to flood their entire planet with water food, and other resources they could have easily acquired in exchange for their magical
spice.
In a world where individual rights are universally respected, we would see a multitude of property owners who become entrepreneurs, who genuinely create value for others which ultimately enrich the lives of even more consumers, and equally importantly everyone would
be allowed to keep the income they have legitimately earned using it to improve their own lives as they see fit
17
71 reads
More like this
5 ideas
11 ideas
Explore the World’s
Best Ideas
Save ideas for later reading, for personalized stashes, or for remembering it later.
Start
31 ideas
Start
44 ideas
# Personal Growth
Take Your Ideas
Anywhere
Just press play and we take care of the words.
No Internet access? No problem. Within the mobile app, all your ideas are available, even when offline.
Ideas for your next work project? Quotes that inspire you? Put them in the right place so you never lose them.
Start
47 ideas
Start
75 ideas
My Stashes
Join
2 Million Stashers
4.8
5,740 Reviews
App Store
4.7
72,690 Reviews
Google Play
Shankul Varada
Best app ever! You heard it right. This app has helped me get back on my quest to get things done while equipping myself with knowledge everyday.
“
samz905
Don’t look further if you love learning new things. A refreshing concept that provides quick ideas for busy thought leaders.
“
Sean Green
Great interesting short snippets of informative articles. Highly recommended to anyone who loves information and lacks patience.
“
Ashley Anthony
This app is LOADED with RELEVANT, HELPFUL, AND EDUCATIONAL material. It is creatively intellectual, yet minimal enough to not overstimulate and create a learning block. I am exceptionally impressed with this app!
“
Jamyson Haug
Great for quick bits of information and interesting ideas around whatever topics you are interested in. Visually, it looks great as well.
“
Laetitia Berton
I have only been using it for a few days now, but I have found answers to questions I had never consciously formulated, or to problems I face everyday at work or at home. I wish I had found this earlier, highly recommended!
“
Giovanna Scalzone
Brilliant. It feels fresh and encouraging. So many interesting pieces of information that are just enough to absorb and apply. So happy I found this.
“
Ghazala Begum
Even five minutes a day will improve your thinking. I've come across new ideas and learnt to improve existing ways to become more motivated, confident and happier.
“
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving & library
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Personalized recommendations
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates