World History

Keynes loved the pyramids.

Keynes loved the pyramids. The attempt to rehabilitate the reputation of the pyramid project is part of a larger cultural effort to prop up the respectability of government in general and the nation-state in particular.

The tragedies of 20th-century socialism are made more horrible by the fact that some people understood, predicted, and warned.

Governments and bankers hate gold because its supply cannot be inflated on command.

A recorded mini lecture and video display purported to explain this mysterious phenomenon (mysterious to the Old Lady of Threadneedle Street, anywa

A recorded mini lecture and video display purported to explain this mysterious phenomenon (mysterious to the Old Lady of Threadneedle Street, anyway). I knew that I was going to hear either a self-critical explanation or, more likely, some hogwash. Hogwash won, hands down!

The balanced budget passed away definitely in 1911, not to return again until a revolution had swept from the people of Italy their freedom, writes

The balanced budget passed away definitely in 1911, not to return again until a  revolution had swept from the people of Italy their freedom.

Political upheaval has hit Finland, and it's merely a foreshadowing of bigger changes ahead.

Yes, the facts and figures are a click away. The ability to use, understand, and communicate those facts is what must be taught and currently is not. And it doesn't take an army of 8 million and a budget of 1 trillion dollars and counting to do it.