Category Archives: News/ Lessons

Lincoln Predicted How Americans Would Lose Their Freedoms

In 1839 Abraham Lincoln, a young twenty-eight year old lawyer, was asked by the Young Men’s Lyceum of Springfield, Illinois to address the group on “The Perpetuation of Our Political Institutions”. The result elevated Lincoln’s stature in the growing community … Continue reading

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Two Distinctly Different Approaches to Crisis Resolution

There are two very distinct approaches to crisis resolution. One is the socialist approach, adopted by most governments of the world in the latest coronavirus crisis. The other is the individualistic approach, used by few if any of the world’s … Continue reading

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My letter to the NY Times re: Government money and banking policies con hapless borrowers

Re: The Great Wall Street Housing Grab, by Francesca Mari Dear Sirs: Ms. Mari’s long and very detailed report of the role played by Wall Street property firms following the great 2008 real estate crisis fails to explain the underlying source … Continue reading

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My letter to the NY Times re: Another True Believer

Re: Our “Pursuit of Happiness” Is Killing the Planet, by James Traub Dear Sirs: After World War Two blue-collar philosopher Eric Hoffer tried to make sense of the mass movements that had led to the deaths of hundreds of millions of … Continue reading

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My letter to the NY Times re: Review of Dark Tower (a book about Deutsche Bank)

Re: What Broke Deutsche Bank, by David Enrich, reviewed by Roger Lowenstein Dear Sirs: Roger Lowenstein’s review of David Enrich’s book about Deutsche Bank’s descent from a pillar of sound banking to one of the most reckless banks on the planet … Continue reading

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Why I Want China to Stop Manipulating Its Economy

Why I Want China to Stop Manipulating Its Economy (Psst…It’s probably not what you might think) by Patrick Barron   In his State of the Union Address–February 4, 2020–President Trump outlined his reasons for punishing nations like China that manipulate … Continue reading

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My letter to the NY Times: Why the Predictions of Luddites Never Happen

Re: A World Without Work by Daniel Susskind, reviewed by Alana Semuels In the closing paragraph of her review of Daniel Susskind’s A World Without Work, Alana Semuels writes… “The dire predictions of workers losing their jobs to machines have not come true in … Continue reading

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Central Banks: Enemies of Freedom

  Central banks are enemies of a free and prosperous society. Let me count the ways.   Like the military, central banks are creatures of the state. Suggestions of them being independent are pure fantasy.   There is a symbiotic … Continue reading

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US Opposition to Nord Stream Two Is Wrong on Two Fronts

On December 20, 2019 President Trump authorized sanctions against companies and individuals who are participating in building Nord Stream Two, a pipeline under the Baltic Sea that will bring Russian natural gas to Western Europe, principally Germany. The pipeline is … Continue reading

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Fiat Money and Socialism

The Hidden Link Between Fiat Money and the Increasing Appeal of Socialism Among the Young by Patrick Barron For some time now I have been mulling over the possible causes of what seems to be an increase in the desire … Continue reading

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