The Just Third Way

Wearing our “for-profit hats” ( Equity Expansion International, Inc. ), with a couple of nods to CESJ, we returned...

Recently we came across one of those “tastes great/less filling” debates about the virtues of socialism v. capital...

We love it when we get intelligent questions that we can answer without too much trouble.   In addition to the fac...

And the winner is . . .?   Actually, in this case, it’s easier to pick the losers: We, the People of the United St...

By the early 19 th century, it appeared that democracy had triumphed over divine right.   The French Revolution h...

In the previous posting we mentioned that Walter Bagehot, whose economic theories were a strong influence on John ...

Democracy is based on the principle that people have the inherent right to rule themselves, and thus to select the form of governme...

People often think of economics as “the dismal science.”   In the opinion of some authorities, this is due to the discredit...

The CESJ team has been preparing to go to Cleveland tomorrow for a retreat.   We’ll hopefully report on the retreat next week, but ...

This is a little complicated, but it is critically important in all of human thought.  Bishop Fulton Sheen translated a passag...

We recently received two questions about the monetary theory underlying binary economics, especially as it would b...

In college economics courses we all learn that under fractional reserve banking, banks can create money out of not...

Most authorities and experts have a partial understanding of “Say’s Law of Markets” and its application in the “re...

As is usual in the summer, this has been something of a slow week for news . . . unless you’re big on Hollywood fluff (which is pre...

If we keep raising the issue of the Federal Reserve, it’s because other people keep insisting on two things that w...

This brings us to the sticking point.   Why has every pope since Leo XIII (and a number before him, such as John X...

In the tenth and eleventh postings in this series, we demonstrated that capitalism is based on two premises, one t...

The claim that both capitalism and socialism are based on opinion — faith — is easily proved.   As we have demonst...

The Dow shot up this morning more than a hundred points in the first few minutes of trading . . . and as of this writin...

In yesterday’s posting we learned that capitalist theory is correct in asserting the absolute character of the right to be an owner...