“Let us remember that peace can only reign in hearts that are humble and detached.” -St. Madeleine Sophie Barat, RSCJ “Do not look back to the past, nor forward to the future. Claim only the present, for it holds God’s… Read More ›
Economic History
Update (19 October 2021)
Having been informed of an improvement with the personal matter from 17 October, I am proud to report that I think I now know how to proceed with Part III of “Hamiltonian Federalism and Friedrich Nietzsche” and this other Economic… Read More ›
Economic History Case Studies: Vietnam Syndrome and Cuban Special Period (1919-2019)
Ethical forms of Socialism will always emerge within ethical forms of Nationalism and Interventionism. Nationalism, Socialism, and Interventionism exhibit the same economic and political manifestations in both domestic and foreign policies. They must always be distinguished from the Progressive/Libertarian, Welfare… Read More ›
Update (17 October 2021)
I apologize for not being able to update this Blog sooner. What seemed like a simple filling of prescription medication for this month turned out to a chore. Five hours was spent waiting and only finding out that my pharmacist… Read More ›
Economic History Case Studies: Weimar Germany (1923)
“[E]ntering into debt distress is often a painful process, which may threaten macro-economic stability and set back a country’s development for years. Supporting member countries in managing debt risks and resolving debt distress is therefore at the heart of the… Read More ›
Update (1 October 2021)
I cannot believe that it is already October. Nearly five months have gone by in my attempts to consolidate what amounts to ten years of research. There are now six SMP Compendium entries as of this Blog post. Even though… Read More ›
Compendium: Incentive
Every conception of Currency relies on a “Command and Control” (C2) Mechanism. A C2 Mechanism is how we can issue orders to others that they need to carry out, providing resources and information to them as part of fulfilling those… Read More ›
Compendium: Taxation and the Work-Standard (Pt. III of III)
The past two parts of this SMP Compendium should be obvious by now. Taxation under the Work-Standard is going to operate according to a different set of parameters than how they are normally conducted under Liberal Capitalism. The purpose of… Read More ›
A Work-Standard Critique of the “Fractional-Reserve vs. Full-Reserve Banking Dialectic”
Various proposals were offered in the 1930s to counteract the negative effects of the Great Depression. From monetary reforms and nationalization of privatized firms to the popularization of Keynesianism and Soviet-Type Economic Planning, the decade was a period of economic… Read More ›
Compendium: World Reserve Currencies
Even though the Bretton Woods System is dead, the US Dollar still continues to be the “World Reserve Currency.” Everyone knows the Value of the US Dollar within Exchange Rates and everyone outside the Western world clamors for it during… Read More ›
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