News from the Network, Vol. 2, No. 50

We were deeply saddened, not to say shocked to learn late yesterday of the sudden and unexpected death of John Logue, CESJ Counselor and founder and director of the Ohio Employee Ownership Center (OEOC), on December 9, 2009, barely a week after being diagnosed with cancer. More details are available here on the website of the OEOC.

• Some administrative glitches have cropped up in the publication of Dr. Alamgir's book, Notes from a Prison: Bangladesh. We anticipate that the book will now be released shortly after the New Year.

• We have been answering questions on "Linkedin," the professional networking site, mostly regarding current views on money, credit, and banking. Somewhat to our surprise, presenting an alternative understanding of money, one based on the tenets of the British Banking School rather than the British Currency School, has met a positive reception. Evidently a growing number of people actually involved in money, credit, and the science of finance on a daily basis are becoming increasingly dissatisfied with the distortions of the economy forced onto the system by unquestioned acceptance of a fundamental premise of Keynesian, Monetarist, and even Austrian schools of economics: that it is impossible to finance formation of new capital without first cutting consumption and saving. Dr. Harold Moulton proved this wrong in his 1935 monograph, The Formation of Capital, volume three in a four-part series giving an alternative to the Keynesian New Deal as a model for economic recovery. The other books in the series are America's Capacity to Consume (1934), America's Capacity to Produce (1934) and Income and Economic Progress (1935).

• We have re-titled the book on the ontology of personalism as Supporting Life: The Case for an Economic Agenda for the Pro-Life Movement. The short (104 pp) book is now in editing, and is scheduled for release before the end of this year. It directly addresses Mr. Obama's call for finding "common ground" between the Pro-Choice and Pro-Life positions, to say nothing of guiding people toward a solution to the current economic crisis. Not that you need to wait until the book is released to investigate the possibilities offered by the Just Third Way as an economic recovery program. All you need do is download the free copy of Capital Homesteading for Every Citizen from the CESJ website.

• As of this morning, we have had visitors from 36 different countries and 46 states and provinces in the United States and Canada to this blog over the past two months. Most visitors are from the United States, the UK, Canada, Brazil and the Philippines. People in Aruba, Senegal, the United States, the Philippines, and Argentina spent the most average time on the blog. Of the top five postings, the Pro-Life Economic Agenda holds all the spots except for "Thomas Hobbes on Private Property" in the No. 3 place.

Those are the happenings for this week, at least that we know about. If you have an accomplishment that you think should be listed, send us a note about it at mgreaney [at] cesj [dot] org, and we'll see that it gets into the next "issue." If you have a short (250-400 word) comment on a specific posting, please enter your comments in the blog — do not send them to us to post for you. All comments are moderated anyway, so we'll see it before it goes up.

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