education

Bernard Mandeville and the Fable of the Bees

Bernard Mandeville and the Fable of the Bees

Bernard Mandeville’s – The Fable of Bees On November 15, 1670, Dutch philosopher, political economist and satirist Bernard Mandeville was born. He became famous for The Fable of the Bees, a satire that suggests many key principles of economic thought, including division of labor and the “invisible hand“, seventy years before these concepts were more thoroughly elucidated by Adam Smith. Not very much is known about the life of Bernard Mandeville. He probably grew…
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Sir John Reith and the BBC

Sir John Reith and the BBC

On July 20, 1889, John Charles Walsham Reith, 1st Baron Reith, was born. Sir John Reith was the first General-Director of the British Broadcasting Corporation and regarded as one of BBCs founding fathers. His concept of broadcasting as a way of educating the masses marked for a long time the BBC and similar organizations around the world. John Reith was the founder of the BBC. He was its first general manager when it was…
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