The Creation of the Euro & the Role of the USD

This presentation was produced for a university lecture that I gave. It covers the basic mechanics of the global currency exchange rate system. I was asked to critique another economist’s article and present my conclusions within the context of a broader discussion of monetary policy in the U.S. and several other countries. You can view […]

Capitalism & Cyborgs: Making Humanity More Resilient

I recently had a conversation with a colleague about the clash between science and ethics. Below is a brief summary of my response to him. The Concept of Eugenics Highlights the Conflict Between Science and Ethics. The Eugenics issue is such an interesting topic because it is one of the clearest and most intense examples […]

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 […]

The Secret History of the War on Drugs

The “War on Drugs” Begins. In 1971, U.S. President Nixon declared the “War on Drugs”. He said, “America’s public enemy number one in the United States is drug abuse,” but Nixon’s domestic policy chief, John Ehrlichman, said in 1994 before he died: The Nixon campaign in 1968, and the Nixon White House after that, had […]

The Truth About North Korea

If you have not seen this thought-provoking, free film on YouTube, please watch it. As you watch it, try to block out all your preconceived notions about North Korea, the United States, and Western culture in general. Don’t underestimate the power of your own subconscious biases and prejudices. Clearing the garbage from our minds is […]

The Collapse of the Human Labor Force

The Job Apocalypse. It’s difficult to understand and appreciate why the U.S. and global economies are in so much trouble today without understanding the truth about the unemployment rate and why automation and Artificial Intelligence are rapidly gobbling up nearly all human jobs. Despite the high-spun propaganda emanating from Washington, Wall Street, and Silicon Valley, this is […]

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 […]

Is Capitalism Sustainable?

Angry Humans. I often see well-intending, angry humans talking about the problems in our world today. Many of them blame Capitalism. Some of them seek a revolution at any cost. I understand their anger, but it’s easy to say something is broken; it’s much harder to present and persuasively defend specific, nonpartisan, and realistic solutions. […]

Ayn Rand’s Welfare Secret

The Birth of an Ayn Rand Disciple. I was an avid fan of Ayn Rand for most of my life. I devoured her books, including Atlas Shrugged, Anthem, and her nonfiction essays. I thought Objectivism and its more popular cousin, Libertarianism, were the keys to every form of human progress and enlightenment. I despised all […]

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 […]