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.
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MORE IDEAS ON THIS
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
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139 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 s...
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77 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...
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115 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...
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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 respec...
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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
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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...
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128 reads
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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...
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