Monday, April 22, 2024
JTW Podcast: The Front Line with Joe & Joe
Friday, April 19, 2024
News from the Network, Vol. 17, No. 16
Wednesday, April 17, 2024
The Age of Revolution
To oversimplify somewhat, three revolutions have led to the alienation of most people from the institutions of the common good by stripping them of power. The first two did this almost inadvertently by limiting access to social and technological tools, while the third did it by the nature of the change itself. These were,
Monday, April 15, 2024
JTW Podcast: Mortimer Adler on Happiness
Mortimer Adler on happiness, and why it might not be exactly what you think. How do we live, and how do we live well?
Friday, April 12, 2024
News from the Network, Vol. 17, No. 15
Wednesday, April 10, 2024
The Political Animal
Today’s blog posting is adapted from the book, Economic Personalism, which you can get free from the CESJ website, or from Amazon or Barnes and Noble.
As we noted in the previous posting on this subject, being true to oneself means conforming to one’s human nature. By doing so, people become more fully human by acquiring and developing virtue (“human-ness”). If done at all, this is the work of a lifetime and the hardest path to follow.
Monday, April 8, 2024
JTW Podcast: Mortimer Adler on the U.S. Constitution
We have a real treat in store for you today: Mortimer Adler on the U.S. Constitution, which many people do not realize is in very close conformity with Aristotelian-Thomist philosophy:
Friday, April 5, 2024
News from the Network, Vol. 17, No. 14
As usual, there are many problems in the world we report on this week that would either be greatly alleviated or eliminated entirely with the adoption of the Economic Democracy Act:, but the big job is convincing the powers-that-be it is a good idea and to get moving on it:
Wednesday, April 3, 2024
Dorothy Jean Fry Previc, R.I.P.
Dawn K Brohawn, Guest Blogger
Recently CESJ was saddened to learn of the death on March 17, 2024 of our
member and long-time supporter Dorothy Jean Fry Previc. A resident of Camp Hill, Pennsylvania, Dorothy
graduated from T.C. Williams High School, Alexandria, VA, attended Mary
Washington University, Fredericksburg, VA and earned her Bachelor of Arts
degree in Political Science from Elizabethtown College, Elizabethtown, PA.
Monday, April 1, 2024
JTW Podcast: Mortimer Adler on Goodness
Today we have Mortimer Adler’s lecture on “Goodness” . . . which might not be as straightforward as it sounds . . . no, it's not an April Fool's joke:
Friday, March 29, 2024
News from the Network, Vol. 17, No. 13
As usual, there are many problems in the world we report on this week that would either be greatly alleviated or eliminated entirely with the adoption of the Economic Democracy Act:, but the big job is convincing the powers-that-be it is a good idea and to get moving on it:
Wednesday, March 27, 2024
The Reasonable Alternative
Today’s blog posting is adapted from the book, Economic Personalism, which you can get free from the CESJ website, or from Amazon or Barnes and Noble.
Monday, March 25, 2024
JTW Podcast: Mortimer Adler on How to Speak, How to Listen
Today we have Mortimer Adler’s lecture on “How to Speak, How to Listen,” taken from his book of the same title:
Friday, March 22, 2024
News from the Network, Vol. 17, No. 12
The only thing significantly different from previous news notes is the fact that they seem to be getting weirder . . . and staying the same all the time. Cutting to the chase, the only thing that’s going to make the situation better is to adopt the Economic Democracy Act:
Wednesday, March 20, 2024
Faith and Reason
Today’s blog posting is adapted from the book, Economic Personalism, which you can get free from the CESJ website, or from Amazon or Barnes and Noble.
Man, as Aristotle noted in the Politics, is the rational animal. Anything that shifts the human person away from reason as the foundation of a faith or a philosophy contradicts essential human nature, that is, what it means to be human.
Monday, March 18, 2024
JTW Podcast: Mortimer Adler on the Great Ideas
Here is one of
Mortimer Adler’s appearances on William F. Buckley’s Firing Line about the need for genuine education:
Friday, March 15, 2024
News from the Network, Vol. 17, No. 11
It is depressing to see how strong a hold discredited economic theories have on today’s global and national economies. All of the news items this week wouldn’t even be on the radar if the so-called experts had sound principles and a workable paradigm, as found in the Economic Democracy Act:
Monday, March 11, 2024
JTW Podcast: Mortimer Adler Gets Attacked
Friday, March 8, 2024
News from the Network, Vol. 17, No. 10
Yes, it’s depressingly the same news items (or very nearly) week after week, but it’s what is going to continue happening until we adopt the Economic Democracy Act:
Wednesday, March 6, 2024
Solidarity and Personalism
Today’s blog posting is adapted from the book, Economic Personalism, which you can get free from the CESJ website, or from Amazon or Barnes and Noble.
Confronted today by growing conflict and inequality between people and nations around the globe, no one can ignore any longer the universal question that will shape the future for generations to come: What is the place of the human person — each of us — in society?
Monday, March 4, 2024
JTW Podcast: The Perennial Philosophy
Given that this week marks the 750th anniversary of the death of Thomas Aquinas, we thought we’d give you a little talk about Aquinas talking about how faith and reason go together:
Friday, March 1, 2024
News from the Network, Vol. 17, No. 09
At the top of the news this week, at least from the perspective of the Just Third Way, is Norman G. Kurland being honored as an Ambassador of Peace by the Universal Peace Federation:
Wednesday, February 28, 2024
The Just Third Way
Today’s blog posting is adapted from the book, Economic Personalism, which you can get free from the CESJ website, or from Amazon or Barnes and Noble.
The fortieth anniversary of the interfaith Center for Economic and Social Justice is coming up. We’ll tell a little bit more about that as the anniversary itself, April 7, approaches, but today we’re looking at a major program developed by CESJ: the Just Third Way of Economic Personalism.
Monday, February 26, 2024
JTW Podcast: March on Washington, August 28, 1963
The National Archives film on the March . . . they left out private property in capital, though:
Friday, February 23, 2024
News from the Network, Vol. 17, No. 08
This week’s news items are again a brief chronicle of dumb government tricks seemingly validated by failed Keynesian economics. Again, as usual, we believe most if not all of these issues could be solved by adopting the Economic Democracy Act.
Wednesday, February 21, 2024
Five Levers of Change: Technology
Today’s blog posting is adapted from the book, Economic Personalism, which you can get free from the CESJ website, or from Amazon or Barnes and Noble.
For centuries workers have understood that when technology advances it usually means they will lose their jobs to machines that can do the work better and cheaper. Sometimes advancing technology creates more new jobs than it displaces, although this is not always a benefit. The cotton gin created an enormous demand for labor that was filled by expanding the number of human beings owned as slaves. The Industrial Revolution largely eliminated most production by small and family-owned enterprises and turned millions of people into “employees” dependent on private employers and the State.
Monday, February 19, 2024
JTW Podcast: Walter Reuther on Civil Rights, August 28, 1963
Friday, February 16, 2024
News from the Network, Vol. 17, No. 07
Wednesday, February 14, 2024
Five Levers of Change: Tax Policy
Today’s blog posting is adapted from the book, Economic Personalism, which you can get free from the CESJ website, or from Amazon or Barnes and Noble.
In 1891, Pope Leo XIII declared that “Many excellent results will follow” from expanding ownership to as many people as possible (Rerum Novarum, § 47). As he said,
Monday, February 12, 2024
JTW Podcast: Walter Reuther on Profit Sharing, Part 2 of 2
As we noted in last week’s posting on this subject, January 1958 saw the publication of The Capitalist Manifesto by Louis O. Kelso and Mortimer J. Adler . . . and this Mike Wallace interview of labor leader Walter Reuther about profit sharing, of which we present Part 2 of 2 today:
Friday, February 9, 2024
News from the Network, Vol. 17, No. 06
This week we have a plethora of news items that sound remarkably like the previous week and the week before that and the week before that and the week before that . . . but you get the idea. Not to get repetitive, but most if not all of these issues could be solved by adopting the Economic Democracy Act.
Wednesday, February 7, 2024
Labor, Economic, and Civil Rights
What with the state of the economy and the so-called “woke” culture to which so many people today look for salvation when the solution is already within reach with a little effort, few realize that it was only a few decades ago that matters took a dramatically wrong turn. The Keynesian New Deal, which many believed was supposed to be temporary, became permanent public policy following World War II, even though its disutility was painfully obvious by 1936 and the surreal “Depression within the Depression” that directly resulted from Keynes’s prescriptions.
Monday, February 5, 2024
JTW Podcast: Walter Reuther on Profit Sharing, Part 1 of 2
January 1958 saw the publication of The Capitalist Manifesto by Louis O. Kelso and Mortimer J. Adler . . . and this Mike Wallace interview of labor leader Walter Reuther about profit sharing:
Friday, February 2, 2024
News from the Network, Vol. 17, No. 05
Ready for this week’s short list of economic insanity and gloom and doom? Neither are we, but here it is, anyway. Of course, we could adopt the Economic Democracy Act . . . so if people want to see something new in this report, get Congress to act . . .
Wednesday, January 31, 2024
Five Levers of Change: Money and Credit
As we have seen in the previous postings on this subject, the meaning and purpose of life — becoming virtuous to become more fully human — requires that people have power. As a rule, to have power, people must have private property. In order to have private property and be secure in its possession, people must have access to the means of acquiring and possessing private property, and that requires access to the just and responsible use of money and credit.
Monday, January 29, 2024
JTW Podcast: The Great Conversation, XXXIX
This appears to be the final installment of “The Great Conversation” . . . like Jack Benny, they stopped at 39. The end or not of this series, today’s video is about how Herodotus explained the first ancient people and the origin of the Nile.
Friday, January 26, 2024
News from the Network, Vol. 17, No. 04
Yet again there is a depressing sameness about the news items this week. That means that our solution is the same, if not at all depressing: adopt the Economic Democracy Act . . . so if people want to see something new in this report, get Congress to act . . .
Wednesday, January 24, 2024
Five Levers of Change: Politics
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Aristotle |
Today’s blog posting is adapted from the book, Economic Personalism, which you can get free from the CESJ website, or from Amazon or Barnes and Noble.
Despite what “politics” means to most people, it is not something to avoid. In the Aristotelian, philosophical sense, politics refers to the behavior of human beings as “political animals” having both individual and social aspects. In this broad sense, politics refers to the art of securing and maintaining fundamental human rights of all persons without harm to other individuals, groups, or the common good as a whole. Social justice is the particular virtue directed to the common good by means of which this social order is structured, reformed, and maintained.
Monday, January 22, 2024
JTW Podcast: The Great Conversation, XXXVIII
Friday, January 19, 2024
News from the Network, Vol. 17, No. 03
Wednesday, January 17, 2024
Five Levers of Change: Education
In social and economic justice, there is no “one size fits all.” Applying the principles of economic personalism to any particular society is and will always remain more of an art than a science. The question of which institutions need to be reformed and what will be the most effective means to do this is one that cannot be resolved easily. At the same time the question must be settled before any effective action can be taken.
Monday, January 15, 2024
JTW Podcast: The Great Conversation, XXXVII
Friday, January 12, 2024
News from the Network, Vol. 17, No. 02
Wednesday, January 10, 2024
The Framework of Economic Justice: Restoration of Private Property
As we saw in the previous postings on this subject, widespread private property in capital is essential to a just society. That of course raises the question as to what private property is.
Monday, January 8, 2024
JTW Podcast: How to Read a book
For today’s podcast, we’re starting off the year right, with an examination of Mortimer Adler’s How to Read a Book:
Friday, January 5, 2024
News from the Network, Vol. 17, No. 01
Wednesday, January 3, 2024
The Framework of Economic Justice: Free and Open Markets
Not too long ago a book came out purporting to instruct people on how to development and implement a truly free market. Since this posting is not a book review (and we don’t want to give the author of the tome more credit — or blame — than he, she, and, or, it has already garnered) we will refrain from saying any more than the author’s idea of a truly free market sounded a lot like some of the more restrictive forms of socialism.
Monday, January 1, 2024
Friday, December 29, 2023
News from the Network, Vol. 16, No. 52
Wednesday, December 27, 2023
The Framework of Economic Justice: A Limited Economic Role for the State
Today’s blog posting is adapted from the book, Economic Personalism, which you can get free from the CESJ website, or from Amazon or Barnes and Noble.
Especially today with two centuries of people being brainwashed that all good things come from the State, it is difficult to persuade them that they should have control over their own lives. This in many cases boils down to access to money and credit . . . not for consumption (there’s never been any problem with that, as the rich and powerful want people to buy what they are selling, unless it would take power away from them), but the means to acquire and possess private property in capital, that is, to be a productive member of society.
Monday, December 25, 2023
Friday, December 22, 2023
News from the Network, Vol. 16, No. 51
This week we bring you the first part of our annual news roundup of the past year. Don’t be too surprised at the depressing sameness of the news items, as the same things are bound to keep happening until and unless we adopt the Economic Democracy Act, and that is not yet in the cards:
Wednesday, December 20, 2023
The Framework of Economic Justice: Widespread Capital Ownership
In the previous posting on this subject, we looked at the necessity of reconnecting people to society and concluded that “persons without power must have the means of obtaining power, and those with power must have the means of securing it.”
Monday, December 18, 2023
JTW Podcast: The Great Conversation, XXXVI
Yea, verily, we’re back to the subject matter of the Great Conversation, a story from Herodotus, “The Wisdom of a Fallen King,” Croesus goes down before Cyrus. Evidently, as a rule, kings still in power either don’t have wisdom or don’t need it. . . .
Friday, December 15, 2023
News from the Network, Vol. 16, No. 50
One thing becomes increasingly clear as time goes on without the powers-that-be considering the Economic Democracy Act, and that is that without a clear vision of where you are going, any road will take you there . . . and you have a high likelihood of selecting the wrong road:
Wednesday, December 13, 2023
The Framework of Economic Justice: Reconnecting Persons to Society
Combining Louis Kelso’s innovation in economics and finance, and with Mortimer Adler the clearly defined principles of economic justice, along with Pius XI’s revolution in social philosophy lays the groundwork for economic personalism. In this way, economic institutions — including the policies and laws governing those institutions — can be structured in a way the respects the dignity of every person. The result is a Just Third Way that transcends the flaws inherent in collectivism that manifests as socialism, and individualism that finds expression in capitalism.
Monday, December 11, 2023
JTW Podcast: The Great Conversation, XXXIII
This week’s podcast is about how men and women think different(ly). It’s not directly related to the Just Third Way, but it’s moderately interesting and relates to what the Just Third Way is for, rather than the specifics of the Just Third Way:
Friday, December 8, 2023
News from the Network, Vol. 16, No. 49
Wednesday, December 6, 2023
The Framework of Economic Justice: Social Justice, the Feedback and Corrective Principle
Today’s posting requires a little explanation. In general, social justice is the virtue that acts directly on the common good and indirectly on individual good. The idea that social justice is simply a replacement for individual charity and justice when those two virtues fail to operate or operate effectively is a complete misunderstanding of social justice.
Monday, December 4, 2023
JTW Podcast: The Great Conversation, XXXII
Friday, December 1, 2023
News from the Network, Vol. 16, No. 48
One thing evident from this week’s news items, is that most if not all the experts have no idea what they are talking about. As usual, however, most of the problems could be ameliorated or eliminated entirely by adopting the Economic Democracy Act:
Wednesday, November 29, 2023
The Framework of Economic Justice: The Out-Take Principle
Today’s blog posting is a selection from the book, Economic Personalism, which you can get free from the CESJ website, or from Amazon or Barnes and Noble.
Today we look at distributive justice, the “out-take principle” that governs distributions from a common endeavor. Distributive justice, in one sense, is an individual virtue built on commutative justice, commutative justice being the most basic form of justice.
Monday, November 27, 2023
JTW Podcast: The Great Conversation, XXX
Life in the Clouds . . . of Aristophanes . . . an example of “the New Comedy” . . . of 2,000 years ago:
Friday, November 24, 2023
News from the Network, Vol. 16, No. 47
This week is another episode of “Non Novum Sub Soles.” All the experts are busily trying to figure out ways the Keynesian system is really working when it really isn’t, and carefully avoiding figuring out ways to adopt the Economic Democracy Act:
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Wednesday, November 22, 2023
It’s Not an Either/Or Issue
Occasionally, we feel the urge to explain a little about social justice. This is usually prompted by a comment or question from a faithful reader or two. This time it was sparked by a comment someone made on FaceBook about how they aren’t interested in helping people one-on-one, but in changing the system that makes it necessary to help people.
Monday, November 20, 2023
JTW Podcast: The Great Conversation, XXIX
Why did Socrates refuse to escape and stay, knowing he would be sentenced to death?
Friday, November 17, 2023
News from the Network, Vol. 16, No. 46
This week the experts are trying to scare people by raising the specter of inflation versus recession . . . forgetting (or ignoring) the fact that there is no correlation between economic growth and inflation, and recession and lowering inflation. This is evident once we understand the Just Third Way of Economic Personalism and economic reality as applied in the Economic Democracy Act:
Wednesday, November 15, 2023
The Framework of Economic Justice: The Input Principle
Today’s blog posting is a selection from the book, Economic Personalism, which you can get free from the CESJ website, or from Amazon or Barnes and Noble.
Monday, November 13, 2023
JTW Podcast: The Great Conversation, XXVIII
Is there a difference between apologizing and apologetics? Specifically, in Plato’s Apologia, why didn’t Socrates apologize for anything . . . as we mean apologizing today?
Friday, November 10, 2023
News from the Network, Vol. 16, No. 45
Again, this week in the news items we have more of the same, only more so. We know we sound like a broken record (obscure cultural allusion; “records” used to “break” in a way that would cause them to keep repeating the same phrase or notes over and over), but the only way we see out of the dilemma is to adopt the Economic Democracy Act:
Wednesday, November 8, 2023
The “Characteristics of Social Justice”
Today’s blog posting is a selection from the book, Economic Personalism, which you can get free from the CESJ website, or from Amazon or Barnes and Noble.
As we may have mentioned a few thousand times on this blog, personalist social justice is distinguished from the collectivist and individualist version by not being a substitute for charity or a euphemism for redistribution. Need-based distribution is individual charity, except in cases of “extreme need” when it falls under distributive justice as an expedient. Personalist social justice is the virtue concerned with restructuring the social order to make it possible for people to take care of themselves.
Monday, November 6, 2023
JTW Podcast: The Great Conversation, XXVII
What is the meaning and purpose of life? To get more stuff? Or to become more fully human, that is, virtuous?
Friday, November 3, 2023
News from the Network, Vol. 16, No. 44
Wednesday, November 1, 2023
The “Laws of Social Justice”
Today’s blog posting is a selection from the book, Economic Personalism, which you can get free from the CESJ website, or from Amazon or Barnes and Noble.
Louis Kelso’s and Mortimer Adler’s breakthroughs in moral philosophy (with the principles of economic justice) and in economics and finance (with future savings) were “the missing links” in Catholic social teaching. Combined with Pius XI’s definition of social justice, Kelso’s and Adler’s financial systems concept and principles of economic justice — connecting economic personalism with economic justice — made a truly personalist social order possible as explicit policy for the first time in history.
Monday, October 30, 2023
JTW Podcast: The Great Conversation, XXXV
Friday, October 27, 2023
News from the Network, Vol. 16, No. 43
Wednesday, October 25, 2023
The Money Question
Today’s blog posting is a selection from the book, Economic Personalism, which you can get free from the CESJ website, or from Amazon or Barnes and Noble.
As we saw in the previous postings on this subject from last week and the week before, Hilaire Belloc had a somewhat primitive understanding of money and credit. Fortunately, Louis Kelso’s understanding of the importance of money and credit was radically different from that of Belloc. This can be traced to Kelso’s deeper understanding of an institution fundamental to the functioning of every form of economy that can possibly be conceived.
Monday, October 23, 2023
JTW Podcast: The Great Conversation, XXXIV
Friday, October 20, 2023
News from the Network, Vol. 16, No. 42
Wednesday, October 18, 2023
Solving the Problems
Today’s blog posting is a selection from the book, Economic Personalism, which you can get free from the CESJ website, or from Amazon or Barnes and Noble.
In his 1936 Essay on the Restoration of Property, Hilaire Belloc identified five points that had to be addressed if widespread capital ownership was to be restored as a distinguishing characteristic of society. These were,
Monday, October 16, 2023
JTW Podcast: The Great Conversation, XV
Our podcast today is Episode Fifteen of “the Great Conversation” on the Great Books Program. Today’s topic is more of a general pep talk about getting started on a project like the Great Books than the Great Books, themselves, but it’s part of the series:
Friday, October 13, 2023
News from the Network, Vol. 16, No. 41
Wednesday, October 11, 2023
Why Binary Economics?
Today’s blog posting is a selection from the book, Economic Personalism, which you can get free from the CESJ website, or from Amazon or Barnes and Noble.
In all forms of tyranny, the State or community dictates what people must do and how they must do it instead of maintaining the pólis so that people can pursue their own destinies within established parameters as they themselves see fit. When most people lack private property in capital and thus lack power, however, they often have no choice but to comply with the wishes of those who do have property, whether they are a private sector capitalist élite or a socialist bureaucracy.
Monday, October 9, 2023
JTW Podcast: The Great Conversation, XIV
Friday, October 6, 2023
News from the Network, Vol. 16, No. 40
The stock market is again plunging, which is sending a panic through the swarm of gamblers and speculators who think they are investing. We’ve seen it all before, and it would all be moot if we adopted the Economic Democracy Act decades ago, but until then, this is what we get:
Wednesday, October 4, 2023
Much Ado About Something
The Dow Jones Industrial Average, “the Dow,” plunged yesterday, causing the usual panic among the gamblers and speculators who think investment consists of rolling the dice and hoping to get in on the ground floor of something that will increase in value, so they sell at a huge profit. Of course, this ignores the true investor who buys something that will generate an adequate return or income regardless of the value of the asset generating the return or income.
Monday, October 2, 2023
JTW Podcast: The Great Conversation, XIII
Our podcast today is Episode Thirteen of “the Great Conversation” on the Great Books Program, “Dealing with In-Laws.” Obviously, we’re not on the Odyssey any more:
Friday, September 29, 2023
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:
Wednesday, September 27, 2023
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.
Monday, September 25, 2023
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:
Friday, September 22, 2023
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:
Wednesday, September 20, 2023
“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!”
Monday, September 18, 2023
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:
Friday, September 15, 2023
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:
Wednesday, September 13, 2023
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.
Monday, September 11, 2023
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!:
Friday, September 8, 2023
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:
Wednesday, September 6, 2023
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.
Monday, September 4, 2023
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:
Friday, September 1, 2023
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?