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As the election is well underway, the United States’s political discussion has intensified about the living standards of the poorest in the country and the solution to their poverty. The Democrats, as usual, have proposed extended welfare benefits and greater government aid to poor families.

Inflation targets are part and parcel of central banking policy, the Fed’s mandate centering around the 2 percent inflation target. But when was the last time anyone asked why a 2 percent inflation target?

Since before covid-19 and the lockdown, I have written articles that touch on the purpose and importance of personal savings, and more importantly, why the lack of personal savings was going to make an economic crisis in the year 2020 potentially tragic for most Americans.

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The September 11, 2001, terror attacks shocked the world, leaving ramifications still felt nineteen years later. Few are familiar with the Republic’s first 9/11 tragedy, September 11, 1789, the day Alexander Hamilton was appointed secretary of the Treasury.

The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy
By Stephanie Kelton
New York, 2020
325 pages

Stephanie Kelton’s new book has attracted much attention, and Bob Murphy and Jeff Deist have already reviewed it, with devastating results. Why another review? The policies proposed in the book are so pernicious that further exposure of what she has in store for us is needed, and I have some new points to offer for your consideration. Besides, there are few things I enjoy more than writing a critical review.

Julian Assange’s heroic but tragic life is coming to a head in the next weeks. A British court shall soon rule whether Assange, ostensibly a publisher and journalist, shall be extradited to the United States to be charged with espionage.