Were John Locke and the Founders "Lockeans"—or Scholastics?

Posted: Wednesday, January 11, 2012
The ways in which James Madison and Alexander Hamilton developed the scholastic economics tradition handed on through the 'laic scholastic' John Locke can illuminate today's partisan debate about the Federal budget.  [Full Story]

The Chaos Congress Caused by Ending and How It Will Restore the Gold Standard

Posted: Friday, October 14, 2011
Only proper monetary reform—specifically, restoring the international gold standard without official-reserve currencies—will end the three longstanding problems which have undermined the United States: endless federal deficit spending, chronic episodes of inflation or deflation like 2008-9, and declining U.S. international competitiveness.  [Full Story]

Hamiltonian Advice for Chicken Littles

Posted: Tuesday, August 9, 2011
Both the stock market's latest decline and Congress's inability to balance the budget are related to the same problem: Congress having abandoned Hamilton's first principle of American political economy: Don't issue money to fund the federal deficit.  [Full Story]

Babies and Dollars: Implications for USA, Russia, and the World
Remarks to the 2011 Moscow Demographic Summit
Posted: Monday, July 25, 2011
The updated model of world fertility shows that across all countries, the birth rate is strongly reduced by both social benefits and national saving, but strongly and positively related to the rate of weekly worship.  [Full Story]

Dollars and Sense
Proven Principles of Economic and Fiscal Sanity
Posted: Friday, June 24, 2011
Both Republicans and Democrats have pushed policies that have violated the principles that undergirded the successful American policies of the past, which were outlined by James Madison and Alexander Hamilton in The Federalist papers and implemented by George Washington, Abraham Lincoln, Franklin D. Roosevelt, and Ronald Reagan as the country developed.  [Full Story]

What the Smartest Guy in the Room Doesn't Get

Posted: Wednesday, April 27, 2011
Like Friedman, Bernanke erred in restricting the meaning of "money" to domestic while ignoring foreign central-bank liabilities.  [Full Story]

What If the Smartest Guy in the Room Doesn't Get It?

Posted: Tuesday, April 26, 2011
Ben Bernanke specialized in the Great Depression, but ignored Jacques Rueff's contemporaneous explanation: the U.S dollar and British pound's use as reserve currencies.  [Full Story]

Why the Next Successful President Will End the 'Reserve Currency Curse'

Posted: Friday, April 8, 2011
The next successful president will end the dollar's "reserve currency curse" because American voters hold the president responsible for its results: endless deficit spending, price instability, and declining international competitiveness.  [Full Story]

On Southern Charm and Northern Rudeness: Or, Why is the Big Easy Easy and the Big Apple Tart?

Posted: Monday, March 28, 2011
An Augustinian theory of social graces suggests that city dwellers are not less generous than country dwellers, but their generosity is distributed among many more recipients.  [Full Story]

Why Real Monetary Reform Can—and Must—Be Done Now

Posted: Friday, March 18, 2011
The monetary and budget reforms left unfinished in the 1980s now seem finally doable.  [Full Story]