News from the Network, Vol. 16, No. 39

It used to be that the experts were consistently wrong, meaning they at least agreed with one another at the same time.  Now they are all disagreeing . . . none of which makes any sense.  Of course, if they wanted to make sense, they would have adopted the Economic Democracy Act decades ago, but until then, this is what we get:

The Nightmare Economy, Keynesian-Style

As Marisa Tomei’s character said in My Cousin Vinnie (still in the running as “Best Lawyer Movie Ever”), it’s a frickin’ nightmare (or words to that effect).  The Keynesians and their clones are desperately trying to come up with explanations and new catch phrases to sweep what they claimed was impossible under the rug.  Again.

JTW Podcast: The Great Conversation, XII

Our podcast today is Episode Twelve of “the Great Conversation” on the Great Books Program, “Undercover Odysseus.”  And, yes, we’re still on the Odyssey:

News from the Network, Vol. 16, No. 38

It’s astonishing how much the news items seem to be the same week after week . . . what with the same old people doing the same old things.  Many of these, if not all, could be resolved by adopting the Economic Democracy Act — so it might not matter all that much, except that the degree of the problem is increasing, although not the essence thereof:

“Doing Fine So Far”

There’s a very old and very bad joke about the optimist who fell out of a skyscraper window.  As he passed some of the floors on the way down, people would call out to him, “How’s it going?” and he’d reply, “Doing fine so far!”

JTW Podcast: The Great Conversation, XI

Our podcast today is Episode Eleven of “the Great Conversation” on the Great Books Program, “Odysseus, Go Home!” . . . by which you can probably figure out we’re still on the Odyssey:

News from the Network, Vol. 16, No. 37

Not that it’s much of a surprise, but this week’s news items strongly resemble those of last week!  I know, you’re absolutely flabbergasted.  Fortunately, since the recommended solution is the same this week as last week — viz., adopt the Economic Democracy Act — so it might not matter all that much, except that the degree of the problem is increasing, although not the essence thereof:

How to Gamble with Government Bonds

Small or conservative investors are typically told that government debt is the safest and most conservative type of investment they can have.  Of course, given the current level of political stability in the world, that might not be saying much.

JTW Podcast: The Great Conversation, X

 

And now for something not completely different.  Our podcast today is Episode Ten of “the Great Conversation” on the Great Books Program, “How to Lead a Better Life” and the Odyssey instead of the Iliad!:

News from the Network, Vol. 16, No. 36

 

It’s been yet another week of Federal Reserve follies, with all the experts thinking they’re smarter than what experience and intelligence has long proved to be the case: that Keynesian economics and the Currency Principle simply don’t work, nor can they.  For such gloomy people, they continually rely on the triumph of optimism over experience and think if they just keep doing what hasn’t worked for nearly a century it’s bound to work sometime . . . or they could do the rational thing and adopt the Economic Democracy Act:

De-Dollarization Diplomacy

Economists and their political stooges . . . or maybe that’s politicians and their economic stooges (it’s so hard to keep that straight these days in a Keynesian plutocracy) profess to be terrified and worried and even a trifle concerned about the possibility of the U.S. Dollar losing its place as the primary global reserve currency.

JTW Podcast: The Great Conversation, IX

Our podcast today is Episode Nine of “the Great Conversation” on the Great Books Program, asking the immortal question, “Is the Iliad Worth Reading?”  Obviously, we’re still on the Iliad:

News from the Network, Vol. 16, No. 35

It appears as if China is at the top of the economic news, along with the usual confusion about inflation.  Of course, all this would be moot if some country would just adopt the Economic Democracy Act, but what do you want, a miracle?