Category Archives: Viewpoint

Editorials, commentary and education by a number of known and not-so-well-known writers.

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

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What happened?

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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

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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

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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

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