Tag: Economics

  • Mr. Ip and the Wall Street Journal Discover Wealth Inequality

    It was in 2013 that Thomas Piketty rediscovered the problem of wealth inequality with his celebrated book Capital in the Twenty-first Century. Published by Harvard University Press and selling several million copies, the book turned prevailing mainstream economic thinking on its head. Academic economists and capitalist apologists had long assured us that capitalism persistently created wealth […]

  • Cannabis and the Closure of Agnes J. Johnson Charter School

    Cannabis and the Closure of Agnes J. Johnson Charter School

    Privately-operated charter schools fail and close every week. The top four reasons include declining enrollment, mismanagement, financial malfeasance, and poor academic performance. Such closures are usually sudden, abrupt, and take place mid-year, leaving many parents, students, teachers, and principals stunned and stressed about what to do next. Currently, 69 students are enrolled in the K-12 […]

  • Opinion: Geopolitical Context of the Embattled Climate Racket

    Summary Several global generic ideologies were seeded by the USA-controlled United Nations (UN) of the early 1990s, following the dissolution of the USSR, and were actively percolated into all Western institutions (education, propaganda instruments, law, governance, hiring policies, etc.) (Rancourt, 2019). These delivered generic ideologies became tied to and protected by strong career and institutional […]

  • Everlasting Collapse: 70 Years’ Predictions of China’s Imminent Doom

    From 1980-2008, EU GDP grew 2.7%, the US 3%, and China 9% . Since then, the EU has averaged 1.5%, the US 1.8% and China 7%. In other words, China’s economy has grown 300% faster than Western countries’ and, as they slip out of the top bracket of high income countries, China is entering it. […]

  • Trump’s Whims on Tariffs and Trade Deficits

    “Trump’s tariff formula explained: How rates were determined for each country” IMAGE/USA Today/Duck Duck Go Tariffs Tariffs are a tax imposed on imported goods to protect local industries in order to be self-sufficient and thus avoid being taken advantage of. For a very long time, Britain charged tariffs on many items, only in 1860 were […]

  • The Hidden Cost of Comfort: How Everyday Consumption Fuels Global Violence

    In a world increasingly defined by convenience, luxury, and technological advancement, few pause to consider the true cost of their comfort. From the cars we drive to the cell phones we cradle, from the diamonds we gift to the beauty products we apply—modern life is saturated with commodities whose origins are steeped in exploitation, war, […]

  • How a Fed Overhaul Could Eliminate the Federal Debt Crisis, Part II: Curbing Fed Independence

    There has been considerable discussion in recent years about reforming, modifying, or even abolishing the Federal Reserve. Proposals range from ending its independence, to integrating its functions into the U.S. Treasury Department, to dismantling it and returning monetary policy to direct congressional or Treasury oversight. The Federal Reserve Board Abolition Act (H.R. 1846 and S. 869, 119th […]

  • Accomplishing Change

    Accomplishing change in the institutions that control and manipulate society for their personal benefit has been difficult. Inability to succeed in the endeavor is due to the inability to create the organizations that can effectively oppose the powers that exercise control. This control is maintained by investment. Protecting the investment by preventing alternative teaching and […]

  • Stagflation: Stagnation, Inflation, and Beyond

    Since my prediction in April of 2007 of an impending economic crash, I’ve vowed not to risk my unblemished record with any further predictions. But a simple thing that I learned from the run-up to that catastrophe was when the “little people” — the “every man and every-woman” — found their way into stock market […]

  • Is Capitalism Reaching the End of the Road?

    Capitalism is fast becoming so unpopular that the money-grubbing old autocrat in the White House wants to protect it by promising to investigate and prosecute anyone who speaks against it. Free speech be damned. But Milton Friedman said Capitalism and Freedom go together.  So, we will use some of that fast-disappearing freedom to comment on the […]

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