Dr. Bill Dunkelberg discussed the current state of the economy, near-term prospects and the likely impact of current monetary and fiscal policies on the economy. How will the trillion dollars of new spending be financed? Is “government job creation” an oxymoron? Will foreigners continue to lend us money? What is …(Read More)
The only successful currency ever known to man is one that is backed by a commodity of lasting value. All fiat currencies are inherently unstable and lead to massive inflation, unrest, and even societal disintegration. In order to understand why a commodity backed money is so desirable, one must understand …(Read More)
Everyone running for president promises “change” and promises a big basket of goodies. This past election was no exception. But, once done, the winner’s promises collide with reality, reality in a political context and in a real-economy context. We forget that our presidents have little power to deliver on promises, …(Read More)
The “Climate Crisis” (nee ‘Global Warming’) has been the focus of discussion since 1988 when NASA Scientist James Hanson proclaimed that he was 99% certain that “the greenhouse effect has been detected and it is changing our climate now.” Since then, we’ve had numerous news reports, specials, and expos?s discussing …(Read More)
Congress passed a “bailout”, but who will it help? Why did the market crash 800 points days after the bailout was passed? How did we get into this mess in the first place? Who is at fault? What’s at the core of our current problems? The seeds of our current …(Read More)
Four centuries ago the West leapt far ahead of the East. But now the East, using the West’s own inventions, is growing in strength, in a way not seen in a very long time. This confronts us with new questions. What will happen between China and us? Will it evolve …(Read More)
Accused of creating a bogus Red Scare and smearing countless innocent victims in a five-year reign of terror, Senator Joseph McCarthy is universally remembered as a demagogue, a bully and a liar. History has judged him such a loathsome figure that even today, a half century after his death, his …(Read More)
A Seminar with Professor John Lukacs More than two hundred years after his birth (1805) interest in Alexis de Tocqueville is greater than ever before. He was read and venerated in the United States ever since his publication of Democracy in America, vol. I, in 1835 but, strangely, less so …(Read More)
For much of human history war has been regarded as something totally outside the realm of morality, a brutal fact of life that just had to be accepted as necessary and inevitable. The idea that war could be drawn into the sphere of morality and subjected to moral conditions has …(Read More)
Is there a justice for society different from ordinary justice? Justice is the basic virtue of society. But at the present time our society is attempting to operate with two very different conceptions of justice. Our ordinary, everyday, traditional idea of justice has always been based on individual responsibility and …(Read More)