How Keynesianism Caused The Great Depression

In 1926, President Hoover, as Secretary of Commerce, stated this economic nonsense, “The very essence of great production is high wages and low prices, because it depends on upon widening….consumption, only to be obtained from the purchasing-power of high … Read More

Keynesian Economics Turns The Whole Economy Into A Gigantic Ponzi Scheme

This is a circular discussion which is not logical in its rationale.  Accordingly to Keynesians – and derived John Maynard Keynes’s texts – economic activity is presented in terms of a circular flow of money.  Dr. Frank Shostak[1] brilliantly explains this … Read More

This Mistake Collapsed Europe’s Richest Empire And Might Do The Same To Us

In a conversation with my financial advisor on Keynesian economics he explained it to me in this manner:

The government takes money from me via taxes.  (In the financial advisor’s example, they take $100 from me.) Then they borrow another … Read More

Despite STEM Test Score Doomsayers, America Continues To Prosper

In my previous article I argued that today’s engineering education is focused on research engineering so, therefore, it is not serving and properly educating most engineers in knowledge and skills that are needed for their vocation.  While good, deep, … Read More

We Don’t Need More STEM Grads, We Need Better STEM Grads

Reporting on the dismal state of American education has been a constant stream for as long as I can recall – at least back to the 1970s, and probably before if I had been old enough to pay attention.  And … Read More

Is Virtue More Important For The Leaders Or For The People?

American Exceptionalism rejects handing virtue over to its leaders.  The citizens of the United States certainly demand it from its leaders, as they should.  But the real virtue resides personally in each citizen, and only then can virtue shine from the … Read More

Collectivism Leads To Violence? It IS Violence

Collectivism, by design and implementation, is tyrannical and destructive, which is why it always leads to such ends.  But the irony of the collectivist belief is that it is presented as a way to achieve freedom, yet it can only … Read More

Those Who Choose Security Over Liberty Deserve Neither – And Will Get Neither

Of course, most people want security.  And there is certainly nothing wrong with this desire.  Having security helps people to focus and work towards other ends without the distraction of worrying about their safety.  But how exactly is this … Read More

How Christian Individualism Rebuilt The World Economy After WWII

In the past three articles, I referred to Training Within Industry, TWI – see here, here, and here. During the WWII era, the TWI program released a training manual on economics called the JET (Job Economics Training) manual.

TWI’s JET training adheres to the … Read More

The Managers Who Rebuilt After WWII Understood Why Government Is A Growth Drag

The Training Within Industries (TWI) program (see Roots of Lean: TWI) developed and deployed during WWII developed and released a training manual on economics to train our workforce in the factories during its tenure on what constituted good economics.   It … Read More

The Theology Of The Liberty Bell

Dr. Alice Baldwin reported in 1928 that Scripture’s direct tie to the American founding and its incorporating compacts eluded historians.  She revealed, “The significance of the belief in the binding character of law upon God and man seems to have … Read More

How A Personal Relationship With God Limits The Impersonal State

The language and message, that we are endowed by our Creator, is commonplace in the sermons of the clergy of today’s Christian churches in all denominations.  Additionally, it is typically articulated by building a personal, one-on-one, relationship with God, and Christ. … Read More

The Theological Foundations Of The Principles Of 1776

In his study of the theologians of the University of Salamanca, Alejandro Chafuen illuminates the Salamanca position that “God gave man his nature of social dependency and his limited ability and capacity so that man would feel the need for … Read More

The Declaration Is Pro-State Sovereignty, But Anti-Slavery

Founding Father and Virginian George Mason also included the right of the citizens of Virginia to abolish the government for any “mal-administration” when he authored the Virginia Declaration of Rights.  This same subservient obligation was also included by Thomas … Read More

Founding Fathers’ Plan: Governments Compete Over Us

History has shown that smaller separate states give rise to a more vibrate economic and free society, which has been developed and is significantly more predominate in Western Civilization as institutional competition.   Several studies empirically demonstrate “that fiscal competition and … Read More

Freedom Is The Solution To Obesity

Founding Father John Jay noted that “Providence has in a particular manner blessed it with a variety of soils and productions and watered it with innumerable streams for the delight and accommodation of its inhabitants.  A succession of navigable waters … Read More

Wealth Equality = Stealing

In the later part of the 20th century and on into the 21st century, the claims of wealth inequity run rampant.  But is this the case; and, if it is the case, is it destructive to the Great Experiment – or to … Read More

Warnings From A Past Pope And A President About Socialism

Today in the United States there are many who not just push for “equality” but actually attempt to force it.  Our Foundering Fathers embodied equal rights, not equality.  But collectivists demand equality.  Economist Richard Vedder observed, “This obsession with equality … Read More

Who Says States Can Nullify Federal Overreach? Madison And Jefferson

The Kentucky and Virginia Resolutions[1] of the late 1700s illustrated Thomas Jefferson’s and James Madison’s rejection of the Federal government’s passing of legislation which violated their limited authority per the Union’s, not the nation’s, compact – the Constitution.  In these, Jefferson … Read More

Madison’s Attack On Government Suppression Of Dissent Is Still Relevant Today

What is government?   Perhaps the great Austrian economist Ludwig von Mises stated it best when he, in quite a Lockean affirmation, wrote,

“Government is essentially the negation of liberty…Government is a necessary institution, the means to make the … Read More

This Is The Only Way The American Experiment In Union Can Survive

Our Founding Fathers knew the great risk (hence the Great Experiment) they were undertaking; a massive republic, by historical standards, in the form of a republican confederation.   Would it stand the test of time, which no other republic had? … Read More

Why The Founding Fathers Despised Democracy

Plato wrote in The Republic, “And so tyranny naturally arises out of democracy.”[1]

The Founding Fathers despised democracies.  They desired democratic principles, but not a democracy.  As Plato decrees above, a democracy can easily be commandeered to establish a totalitarian state.  The Founders inherently … Read More

Fascism Is Socialism: Here’s The Proof

Statism in its fascist form “attempts to secure economic growth and prosperity by fusing a ‘partnership’ between business and the State, absorbing business into the State in this process.”  While communism “[when] faced with existing institutions that threaten the power … Read More

Leftists Turned The State Into A Fake Family

Reject the collective unit of people.  Any focus on the collective is a focus away from God and a focus on the World; earthly views, which we are told in scripture to reject.  In business we value teamwork.  Yet, … Read More