The Birth of the Modern Welfare State

The modern age in the field of Economics was born from the destruction of Europe in World War I. That war inspired a young British economist—John Maynard Keynes—to closely examine the mechanics of international exchange between nations, which was increasingly necessary to manage the enormous international debts and flows of capital and goods during and […]

Are We in a Propaganda Bubble?

Paths to Truth or Fiction? There can be many paths to truth, but truth only exists when it’s supported by verifiable facts. When a given path (e.g., in alphabetical order, Al Jazeera, BBC, CNN, Fox News, RT, Wikileaks, Wikipedia, or a book, article, corporate memo, direct life experience, etc.) leads us to a given fact, that fact […]

Are You Possessed by the Demon of Political Correctness?

Praise Feels Good . . . My book, Broken Capitalism: This Is How We Fix It, has received almost universally positive praise from humans across the socioeconomic spectrum. In fact, some of the most glowing reviews have come from “non-white” readers. Non-white humans have literally hugged me on the streets of New York City after […]

Should We Blame Rich People?

The Evolution of Blame. It’s human nature to seek scapegoats to blame when things break. The reasons for this are deeply rooted in the evolutionary development of group behavior. In prehistoric times, when an individual in a tribe did something that hurt the tribe, they were punished with a brutal beating that often resulted in […]

Crowd Wisdom & The Memory Hole

Introduction to LibroGod. A friend of mine (I’ll call him LibroGod.) is an accomplished business person and a fanatical connoisseur of “important books.” LibroGod has collected thousands of physical books. He has developed a complex classification system to organize them according to his personal system of values, which he believes is the only meaningful way […]

Proof of Google Censorship & a Path to Freedom

My professional life depends on rationally separating facts from fiction, evidence-based economic analysis, data-driven decision-making, and real-world experience. In fact, I’ve even written about the difference between truth, fiction, and propaganda. So, what I’m about to share with you is not coming from somebody who shouts “conspiracy!” without substantial evidence. Background Summary. As some of […]

What’s Really Wrong with the Banking System?

Many people have a vague sense that the financial system is broken and corrupt, but they often don’t know how to explain exactly what is wrong. This is understandable because there is so much noise, false information and propaganda spewed in the mainstream media. Additionally, many politicians and corporate executives deliberately manipulate public perceptions of […]

The Mechanics of a Global Wealth Transfer

Economic Models Collapse in the Real World. Economic liberalism is a theoretical economic framework that many academics and political and business leaders like to promote because it performs well inside clean-room laboratory conditions (i.e., economic models). Some people embrace these models in good faith; others use them strategically to manipulate and deceive. Regardless, in the […]

Transnational Economic Cannibals

The Genesis of Today’s Global Economy. When the international trade regime (GATT, WTO, NAFTA, etc.) that dominates the world today was created between 1947 and the 1990s, it was based on several assumptions about economics, politics, and social welfare. These trade agreements and their implicit assumptions were shaped by the politicians and corporate executives of […]

Warning: Risk of Death to Your Economy

Dangerous Products Should Have Warning Labels. Products that come with plastic bags that can suffocate and kill children have warning labels. Economic policies that can suffocate and kill a country’s economy should also have warning labels. For example, “Warning: Risk of Death to Your Economy” should be the label on all globalist economic policies. And […]