by Kevin Alfred Strom
A SELF-STYLED economist recently opined that “the redistribution of wealth is the primary job of governments.” And, based on what I hear on the streets of my city, a large number of people agree with him. They actually believe that the purpose of government is to “divvy up” the money and goods, using taxes and giveaways of various sorts, and make sure that everybody gets what’s “fair.”… Read the rest of this article
PERPETUAL GROWTH IS IMPOSSIBLE: We’ve all heard the story of the clever merchant who asked the King to pay him with grains of wheat placed on a chessboard. On the first square he was to receive one grain; on the second, two grains; on the third, four grains — doubling with every square up to the 64th. The King readily agreed to pay such a small sum; How much could it add up to in just 63 doublings, after all? … Read the rest of this article
FREE LAKOTA BANK: Not only have the Lakota tribe declared their independence from the Evil Empire, but now some freedom-minded entrepreneurs there have begun issuing their own currency and offer usury-free banking, lending, and investment instruments. It appears that White Americans who want independence and freedom have a lot to learn from the Lakota — to whom I say more power to you!… Read the rest of this article
by Kevin Alfred Strom
I’VE MENTIONED ALTERNATIVE currencies — usually private efforts to help the local or national economy without resorting to debt, usurious interest, the banks, or the Fed — in a supportive way on this site before.
Recently I learned that the creators of some of the most interesting and successful alternative currencies — the Hawaiian Dala, the California Bear, the Chambersburg Dollar, the Evansville Dollar, the Liberty Dollar, the Peace Dollar, and the Ron Paul Dollar… Read the rest of this article
USA NOW MARXIST?: I suppose it had to happen sometime after the accession of Barack I, but it’s still an historic moment: a writer on Russia’s Pravda has described the U.S.A. as “Marxist” and called for Russians to rethink their American investments.
Pravda has quite a bit of courage and some good articles these days. Wish they’d do two things, though: 1) put their best material in audio form and start an Internet radio network with licensable hourly newscasts to … Read the rest of this article
BANKRUPTING THE COUNTRY?: Many economists these days are expressing fears that the “stimulus” program and spending sprees of the regime in Washington could lead to severe inflation, “bankrupting the country.” They make a good case, but it’s a little confusing when they refer to bankrupting the country when really they’re referring to bankrupting the government. Bankrupting (and eventually totally discrediting) the government is certainly very bad for the government — but it might end up being very good indeed … Read the rest of this article
What is money, really? What is wealth? And what do ‘economic stimulus’ and war and foreign aid do to our wealth?
by Kevin Alfred Strom
based on the American Dissident Voices broadcast of July 10, 2004
IN 1957, Julian Huxley wrote about the dangers the world might face in 2007. He told of a world wracked by environmental destruction, falling standards of living, the despair and desperation of the hopeless, and a decline in the creative spirit that makes all … Read the rest of this article