Our Blog
September 20, 2021
What America Can Learn From the Economic Failure of 1861
The American Civil War was as much an economic struggle as an ideological one. Lincoln often spoke about why slavery had to end in order for American society to actually reflect its founding principles of democracy and human liberty. However, emancipation was not the only reason to take up arms against the South. By 1861 a number of economic forces
September 20, 2021
The Real Cause of Illegal Immigrants from Central America
There is a broad consensus that taking infants away from their mothers and putting them in separate cages is not an acceptable way to treat families who cross our border. Our nation concludes now that migrants from Central America don’t deserve to have their innocent children tortured by our agents. But, there are still disputes about what the migrants do
September 20, 2021
The Unrealistic Wealth of Our Nation
The great economist and social philosopher Adam Smith famously observed, at the beginning of the Industrial Revolution, that the productivity of its people are the wealth of a nation. Precisely! The more a nation’s people produce goods, the more money in the system to spend, generating more jobs and firming up a country’s economic strength. Further, in such a scenario
September 20, 2021
The Truth About Getting Rich
Self-proclaimed experts love to share their “get rich” success stories. They build hype and offer flashy guarantees to get you shelling out cash for their books, tapes, and seminars. “Buy my ____ and get rich too” is the promise they all promote. These self-proclaimed masters are just peddling hope by selling their dreams and good fortune to other people in
September 20, 2021
The Real Price of a Debt Driven Economy
American’s are overworked, underpaid, and constantly in debt. The latest asset bubble and ‘land of opportunity’ bubble is bursting. Futile attempts made towards sustainable savings or investments are..well…just impossible. As we get behind on bills we continue to buy stuff, the stock markets go up based on companies and people borrowing more money then ever, the asset bubble will pop,
September 20, 2021
The Real Cause of Illegal Immigrants from Central America
The United States is responsible for illegal immigrants from Central America crossing the border. Instead of instating the “Zero-tolerance Policy” on unauthorized entry into the United States and detaining and separating parents and children from each other, the country needs to reflect on its history, the root cause of refugee migration from Central America. What they will uncover is the
September 20, 2021
The Privatized Economy
Why are you losing your job to automation? Here are some reasons why banks are bad for society, and how they work against us — NOT for us. People better wake up! Jobs are being lost to automation at an increasing rate, paid for by low interest bank loans. It may seem like its ‘just’ business. However, a closer look shows that
September 20, 2021
The Massacre at Bretton Woods
The Bretton Woods Agreement was developed in 1944 when delegates from 44 countries came together to discuss how competitive devaluation could be discouraged in favor of stable economic growth. Harry Dexter White was the chief international economist for the Treasury Department. He spearheaded a plan that included the creation of: The International Monetary Fund (IMF) — Tasked with monitoring exchange rates and