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: