One of the “interesting” things about the current world situation is the insistence of the experts that what has never worked must work if we just try harder, and to avoid like a cliché what has been proven to work and continues to work every day . . . but which endangers the monopoly of power currently held by the elite. Not their wealth, just their currently monopoly on power. What’s the solution? Adopt the Economic Democracy Act:
Friday, June 28, 2024
Wednesday, June 26, 2024
Central Bank Funding, I: The Twin Threats
Today’s posting is the first half of “Central Bank Funding of Economic Growth and Economic Justice Through Expanded Capital Ownership” By Norman A. Bailey, Ph.D., presented at the Capital Ownership Group Conference on Globalization, Four Points Sheraton Hotel, Washington, D.C., October 9-11, 2002.
Monday, June 24, 2024
JTW Podcast: Mortimer Adler on Justice
Possibly the best known (and best? you can have your own opinion) Aristotelian philosopher in the twentieth century, Mortimer Adler brought knowledge of philosophy to a popular audience. Today we have a talk he gave on the premier natural virtue of justice:
Friday, June 21, 2024
News from the Network, Vol. 17, No. 25
Yet another week of the same old same old. Putin is destroying Russia in his bid to save Ukraine from itself and the hordes of gay Jewish Nazis, while politicians and academic economists cannot seem to understand how an economy that benefits the few at the expense of the many isn’t benefiting the many! Oh, the humanity. No one seems considering the possibility of making it easy on themselves by adopting the Economic Democracy Act:
Wednesday, June 19, 2024
Declaring War on Debt
According to the Bureau of Fiscal Service, America’s public — and completely non-productive — debt and liabilities now stands at $42.9 trillion and rising. At the same time, America’s net worth in private sector agricultural, industrial, and commercial wealth is estimated at $123.8 trillion, while the federal government owns $5.2 trillion in assets.
Monday, June 17, 2024
JTW Podcast: Aristotle’s Nicomachean Ethics
Today we have a talk on the Nicomachean Ethics of Aristotle, which most authorities consider the first half of The Philosopher’s The Politics:
Friday, June 14, 2024
News from the Network, Vol. 17, No. 24
Wednesday, June 12, 2024
Something Missing
In response to the spread of socialism and the other “New Things,” Pope Pius IX, socialism and the other new things continued to spread. Finally, in 1868 he convened the first ecumenical council since Trent in the sixteenth century.
Monday, June 10, 2024
JTW Podcast: Washington Outsider Report
Friday, June 7, 2024
News from the Network, Vol. 17, No. 23
One thing that struck us this week about the news is how often experts and dictators who aren’t succeeding at solving their own problems are busily solving everyone else’s or threatening to do more of the same. How about if we adopt the Economic Democracy Act and the economists and dictators can do as they want to themselves and their warships and leave the rest of us alone?