Monday, November 20, 2017

The Just Third Way Hour Podcast

The latest Just Third Way Hour podcast features an interview with Michael D. Greaney, CESJ’s Director of Research.  Greaney relates about how he learned about CESJ, and talks about his two upcoming books.

Friday, November 17, 2017

News from the Network, Vol. 10, No. 46

Even with the “Holiday Season” right around the corner next week, things are happening on the Just Third Way front.  The CESJ core group has put together the outlines of the presentation that could be the basis of a lecture or an interview, new podcasts are being recorded on schedule, and the new and revised publications are on track:

Thursday, November 16, 2017

The Nature of Truth

You get into the strangest arguments on the internet . . . and sometimes they really are arguments, that is, “a coherent series of reasons, statements, or facts intended to support or establish a point of view.”  Not like what we got into, thankfully just on the fringes.

Wednesday, November 15, 2017

Faith or Reason?

A while back we got into a rather pointless argument — with a lawyer, no less — about whether the natural law is discerned by faith, or by reason.  Despite what you might think, it was the lawyer who argued for a faith-based understanding of natural law!  (And he was supposed to be an expert on constitutional law, too, oy weh.)

Tuesday, November 14, 2017

Random ESOP Musing

As we may have mentioned once or twice in the past, we like to get questions from our loyal readers . . . “loyal” being defined as anyone with a query that does not begin, “Are you stupid-insane-crazy, etc., etc., etc., for saying something with which I disagree, misunderstand, or can’t pronounce?  (The answer, by the way, is “yes.”)

Monday, November 13, 2017

The Just Third Way Hour Podcast

We’ve been a little remiss in posting the link to the CESJ podcast, scheduled for release on a weekly basis . . . so here are the first few weeks’ worth.  The newest one is always at the top, so if you want to catch up, start at the bottom and work your way up.  These are mainly informal talks about matters relating to the Just Third Way, so tune in and turn on to the Just Third Way with your host, Bryan Vosper:

Friday, November 10, 2017

News from the Network, Vol. 10, No. 45

A number of CESJ initiatives have made a great deal of progress this week.  We have been talking with people from across the globe and even in the United States, as can be seen from this week’s news items.  Our electronic outreach seems to be having some effect, and the social media, podcasting, and now even television are starting to pick up on the Just Third Way:

Thursday, November 9, 2017

VI. Reinventing Religion

Far from being a “religious” problem, what has been happening with respect to social justice affects the whole of society.  The fact remains, however, that — at the same time — the issue is “religious” in that what eventually became known as socialism first arose within Christianity as an alternative to the existing economic, political, and religious order, and based on a different idea of the dignity of the human person.

Wednesday, November 8, 2017

V. “Doing” Social Justice

No virtue — and social justice is a virtue — can be imposed by force, a monopoly of the State, (human) nature’s only legitimate monopoly.  Force can be used to prevent injustice or punish wrongdoing, but not to impose virtue.  Everyone is free to be unvirtuous, as long as in being so he or she does no harm thereby to others or to the common good.

Tuesday, November 7, 2017

IV. Foundation of Confusion

As a follow-up to last week’s look at social justice, yesterday we looked at social charity, that, just as individual charity is the “soul” of individual justice, is the “soul” of social justice.  We discovered that (as Father Ferree put it) in social justice nothing is impossible . . . even if the institution in need of reform is social justice itself!

Monday, November 6, 2017

III. The First Step

Last week we looked into the real understanding of social justice: the virtue that reforms institutions to make individual virtue possible once again, but does not replace individual virtue.  What do we do, however, when social justice is the very institution that needs reform?

Friday, November 3, 2017

News from the Network, Vol. 10, No. 44

Some new initiatives, the near-completion of others, and restarting still others have marked this week.  As the end of the year approaches, this bodes well for continued success in the coming year:

Thursday, November 2, 2017

II. The Problem (and Solution) of Social Justice

Yesterday we raised the question about what to do when the institution of social justice, the virtue directed to correcting institutions, is the very institution that is in need of correction.  Fortunately, the paradox of the very institution essential to reform being itself in need of reform resolves itself — up to a point.

Wednesday, November 1, 2017

I. A Question of Human Dignity

Modern society, if there are any doubts, is in serious trouble.  Over the last two centuries, the institutions of civil, religious, and domestic society — State, Church, and Family — have been revised, reformed, and reinvented to the point that these chief props of human dignity have become, to all intents and purposes, meaningless.

Tuesday, October 31, 2017

Halloween Horror Special: Marxism

We’re still reeling in disbelief here at CESJ global headquarters . . . and we’re almost out of fish line.  And as for the pole . . . well, we’re talking to him next week, and we’ll see what he has to say.  But enough of bad fake Marx Brothers jokes.  On to the point of today’s Horror Special . . . the wage system!

Monday, October 30, 2017

The Significance of the Frontier

A week or so ago in a posting on how to make tax reform even worse, we noted that when the State starts to take over more and more control over people’s lives, not only the State becomes overburdened with duties, but the citizens become overburdened with taxes.  Somebody, after all, has to pay for such things, such as universal basic incomes; money just doesn’t appear out of nowhere.

Friday, October 27, 2017

News from the Network, Vol. 10, No. 43

The Just Third Way continues to make steady progress.  Interestingly, more and more of the postings on this blog are getting “shared” and “liked” than ever before on FaceBook, and at least one individual has requested a formatted version of a blog for use in a class lecture.  He was having trouble downloading for some reason, so we made a special version in .pdf.  By the way, if you want to use a posting in a class or something, go ahead and print out as many as you want, just give us credit so that people will know where you got it (and if you’re quoting, don’t change any words except to correct spelling or grammar errors):

Thursday, October 26, 2017

Focus on the Fed: The Slavery of Savings

It’s gotten so predictable that we forgot to predict it.  We kept telling people that binary economics and the Just Third Way are based on something called “the Banking Principle.”  As we’ve repeated ad nauseam, the Banking Principle is that the amount of money in the system depends on the velocity of money, the price level, and the number of transactions, not the other way around.

Wednesday, October 25, 2017

Focus on the Fed: Let Us Assume

As all good Keynesians, neo and otherwise, learn in Economics 101, there is a tradeoff between employment and inflation.  The theory is that if you want low inflation, you’ll have to put up with high unemployment, and if you want low unemployment, you’ll have to accept inflation.

Tuesday, October 24, 2017

Non-Productive Money? Are You Serious?

If you read yesterday’s blog posting, you know that Say’s Law of Markets and money creation go together.  In a very real sense, production is money, and money is production . . . if the system is arranged the right way.  “Money” — defined as anything that can be accepted in settlement of a debt (“all things transferred in commerce”) — is the means by which I exchange what I produce, for what you produce, so that every producer is a consumer, and every consumer is a producer; supply and demand are in balance.  That is why money is usually defined as “the medium of exchange.”

Monday, October 23, 2017

How to Make Profits Work for People

. . . instead of making people work for profits.  Which, frankly, is a bad way of putting it, for there is no reason to work at all if there is no profit in it.  What we mean (after titling this blog in a way we hope will catch your eye and keep you glued to the screen), is that — consistent with Say’s Law of Markets — production and consumption should be in balance.

Friday, October 20, 2017

News from the Network, Vol. 10, No. 42

A number of projects have made great progress over the past week, from the proposed re-launch of The Just Third Way Hour to the final editing and review of Red Star Over Bethlehem.  Perhaps it won’t be too much longer before world leaders start catching on to the fact that there is a viable alternative to the sad condition of today’s society:

Thursday, October 19, 2017

How to Make Tax Reform Even Worse

All the recent talk about tax reform, good, better, and worst, has focused on the debate as to which philosophy of taxation, and which specific tweaks to the existing system, will best stimulate an acceptable rate of economic growth.  Commentary has ranged from the sublime to the ridiculous, with the usual barrage of inane and erudite remarks, interspersed with more or less veiled attacks on the intelligence, motives, and fashion sense of anyone on the other side, but no one has raised the real issue here:

Wednesday, October 18, 2017

Nothing Succeeds Like Secess!

Secessionism, according to a piece in the Wall Street Journal yesterday (“Secessionism’s Dangerous Return,” 10/17/17, A15), is big, it’s bad, and it’s back.  The way things are going, it’s 1914 all over again, with the big powers and little people squaring off for a final showdown.  As the author, Walter Russell Mead, a fellow of the Hudson Institute and Professor of Foreign Affairs at Bard College, opines,