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Unrest in the Middle East and the Ethics of Money Printing
Photographer: Graeme Weatherston. It has been noted that the unrest in the Middle East is to a large degree stimulated by the rising costs of living, in particular rising food prices, and these have...
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Embrace Default!
Eugene Delacroix La Liberté guidant le peuple There is a myth circulating, and I am not sure whether it has its origin in sloppy thinking or devious manipulation. It is this: sovereign default in the...
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At Last, the Death of Politics
Image by scottchan For over a year now the Eurocracy has tried to put Humpty-Dumpty together again, to somehow restore belief in the solvency of the European welfare state, which is ultimately the real...
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Bitcoin, gold and the demise of fiat money
Image by Idea go I am intrigued by the Bitcoin experiment – the attempt to launch a virtual currency as an alternative to the current global patchwork of local state fiat monies. Bitcoin has recently...
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Unstoppable: Why this crisis will keep unfolding
Image by Salvatore Vuono When the tectonic plates underneath society shift, confusion reigns, together with wishful thinking. It appears that financial markets have again managed to get themselves into...
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What is the correct size and proper function of the state?
Signing of the Constitution of the United States This is a question that was posted to me by a journalist who has read my book and is following this website. He suggested I make it into a blog. This...
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