When Mitt Romney said that nearly half of Americans “believe they are victims” and are dependent on the government, he is tapping into not just should government be large or small but the hot button issue of whether government’s role can help protect its citizens from some of the risks that can confront us. It […]
Is Money at a Tipping Point? As the Obama administration announces a policy to conditionally not deport those under thirty who came to the U.S. as children and the U.S. Supreme Court will be reviewing the controversial Arizona law on immigration, we see emotional rhetoric on each side of the fence, so to speak. Most […]
It’s in your food supply. It affects your health. The Fed Chairman does it. Robin Hood did it. Dying people must deal with it. The 1% get their share but so do single Moms. You can find it in merit scholarships. It was behind the Cold War. It pits the old against the young and […]
This was a sign from the Occupation movement in Los Angeles. The top of the sign reads “15 years ago we had” (Photo by Harlin Kahn) When the Arab Spring populist movement came about, it was not only about changing the type of government but also about jobs. This translates to a demand for a […]
The Story of I, We, and IT continued The history of homo-economicus has always been about a battle between the I and the We. For each side, the IT has always been about equality. The I’s want equality of prospects for individuals to have the freedom to pursue the goals and motivations without government getting […]
The History of the Future of Money (Part I) Before this Little Piggy went to market, there was a big ol’ hairy Rat that took all his money and started a race. This was a grand race, called the It-diderod which most everyone called by the diminutive of It. The further that the race progressed, […]
Living in Los Angeles, I am inundated with stories in the papers about Frank McCourt, the owner of the Dodgers baseball team. His fate seems to also be aligned with the other news in the form of the nefarious Momar Gadhafi of Libya as they both try to cling to power with institutional forces trying […]
In Part I, we compared the body and the economy as integrated systems where everything affects and is related to each other. This means that economists and physicians have to understand their field from a holistic point of view. One of the biggest mistakes of the Financial Meltdown of 2008 was the government allowing Lehman […]
Leveraging Fairness with Commensurate Freedom in a BoodleWorld Imagine that you’ve gone to the doctor because you are hyperventilating and extremely nervous. The doctor asks you what you normally do when you are tense. You respond that you smoke a cigarette. The doctor, concerned about what will happen if you don’t get your anxiety under […]
If you happened to have checked out the Resources Section of this website, there are a number of ways to check into alternative currencies. I also mention The Future of Money by Bernard Lietar in the Books Section of the Resources tab. You could also start exploring alternative currencies by checking out Thomas Greco’s website […]