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~ Quotables ~ "There is no clean way to make a hundred million bucks. Somewhere along the line guys got pushed to the wall, nice little businesses got the ground cut out from under them. Decent people lost their jobs. Big money is big power, and big power gets used wrong. It's the system." ~Raymond Chandler , The Long Goodbye -
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Category Archives: Viewpoint
This ancient city would still be among the wealthiest in the world today
In the year 440 BC, more than two decades into the reign of Pericles, an audit of treasury in Athens showed a massive surplus of more than 9700 “talents”. A talent was a common unit of measurement in the ancient … Continue reading
The Gold Standard: Ten Things Every Economist Should Know
At the risk of sounding like a broken record (well, OK–at the risk of continuing to sound like a broken record), I’d like to say a bit more about economists’ tendency to get their monetary history wrong. In particular, I’d … Continue reading
Federal Reserve 100 Years of Failure
In ‘honor’ of all of the disciples of Paul Warburg and his handlers, the Rothschild Dynasty – Happy Birthday you traitorous bas-TURDS. (Ed.) Researching economic publications on the first century of the Federal Reserve System provides a wealth of financial … Continue reading
Keeping the Poor Poor (Until They’re Not)
Government data indicate that the U.S. remains far from winning the longest war in its history: the war on poverty. The latest line of argument from defenders of the welfare system is that we are measuring poverty inaccurately; counting welfare … Continue reading







