Great forces are in place to change the world in which we have lived since the end of the Bretton Woods Agreement in 1971. These forces cannot be stopped. The leaders of Western democracies are [more…]
We are working our way through each of the eighteen Groups of the Periodic Table (a.k.a. the Periodic Table of the Elements), with the general idea behind this series being to ensure that at least [more…]
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…]
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