What’s Wrong With the Banking System?

What are They Doing With Our Money?
Most people don't understand the world's monetary system or banking.  According to Henry Ford that's probably a good thing, since he believed that if they were made to understand it there would be a revolution the following morning.  He was probably right, but let's lift the veil and see [...]

Why Will the Stimulus Bill Fail? Economics 101

Growing the Economy from the Bottom Up is Like Growing Corn from the Top Down
Today, Christina Romer, the top White House economic advisor, said that the effects of the stimulus bill were tapering off.   She went on to say that by the fourth quarter of 2009 the effects of the stimulus bill will no [...]

A Simple Introduction to the Nature of Wealth

You might be surprised by what you hear when you ask people to tell you what the word wealth means, particularly if you ask a liberal. Apparently, most people have some generalized concept that it is the state of having a lot of money; and in the minds of many liberals, that money was usually [...]