Kristian Niemitz, Head of Political Economy at the Institute of Economic Affairs, wrote a book last year that explores the reasons why the idea of socialism persists as a viable economic system. In “Socialism: the Failed [more…]
Another week, another element. Let’s head off on another exciting elementary excursion. You’ll get the idea now that I hope to ensure that at least one element is included from each of the eighteen Groups [more…]
We are all aware daily of our ongoing “conflict” with our new chief “adversary” in the world, the Chinese Communist Party. Warnings about the need to increase defense spending to prepare for possible war with [more…]
Since the Bretton Woods Agreement in 1944 the dollar has been the world’s preferred reserve currency; i.e., the major trading nations of the world were willing to hold dollars in vast amounts to satisfy their [more…]
If this kind of theoretical reasoning seems too abstract, let us think about it more practically: Any public servant, any member of government, and even the leader of a nation, has very different motivations than [more…]
More writings by uncle, John Alldridge. This time he is reporting from South America in 1960 for the Birmingham Evening Mail – Jerry F I am writing this at a window seven floors up above [more…]
For decades already, one of the most popular and commonly employed attacks of Keynesians and other left-leaning economists was the one against the idea of “trickle down economics”. They ridiculed the notion that a rising [more…]
Here we go, with another foray into the world of chemical elements. As I’ve said, the plan is to make sure at least one element is included from each of the eighteen Groups of the [more…]
A good start Whatever one might think about which currency is better suited to be used in trade or as a benchmark or as a central bank reserve, the fact remains that the USD’s days [more…]
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