A good definition of a liberal might be someone who tries to ignore the actual nature of reality. Thus, many politically correct formulations distort reality even to the point of denying the differences between the sexes. Ignoring the nature of reality can get particularly dangerous when applied to economics. The nature of money calls for having sufficient … Read more
Little remains of the vast edifice of family, community and faith relationships that once unified and anchored the American way of life. These things have not disappeared from the horizon. They are still important, but they have deteriorated. There is no more consensus about what they mean, and they no longer serve as anchors of … Read more
There is good news in America today. Unemployment is down as the economy is booming. Jobs are available to all. Happy times should be here again. An economy-centered vision of society holds that plentiful jobs automatically lead to happiness. Give everyone a good job, they claim, and it will increase the person’s self-respect. Everything else … Read more
Occasionally one comes upon a book that presents simple truths in a plain and delightful way. Such books are commentaries based on the experience of life that ring true to the reader. One such book is a slim collection of essays titled simply Ye gods. Originally written and illustrated by Ed Willock in 1948, the … Read more
With the dramatic rise of bitcoin, many are talking about this crypto-currency as the new money of the future. Such a simplification is understandable, since the matter of money is complex. Not all that glitters is gold. Likewise, what appears to be money often is not. Free Book: Return to Order: From a Frenzied Economy … Read more
There are those who claim that greed serves an economic purpose in that it increases demand for goods and services. Thus, greed can stimulate economies and advance prosperity. However, greed has moral and social dimensions that are not considered by those who hold it as an economic stimulus. Order Today: Return to Order: From a … Read more
Most people do not realize how the financial systems outside of Christendom were untrustworthy in pre-modern times. The moral structures of the Church created a climate of trust and honesty that was unknown to other civilizations. Historian Rodney Stark relates an astonishing example of the Turks after their defeat in the Battle of Lepanto in … Read more
Imagine a society where everything revolves around how much something costs; every relationship is based on the maximum amount of material benefit the two parties can receive; man’s joys, hopes, anxieties, and despair are in relation to the economic situation; and the ultimate goal in life is material prosperity. It is a very harsh and … Read more
It was only a matter of time before the politically correct establishment took aim at the nation’s currency. It is not enough that the value of the dollar should slowly decline toward monopoly money, it must also eventually look like it as well. The staid dollar notes were just too correct to survive. They have … Read more
Good money presupposes good rulers. It is only then that the corrupting influence of money is checked and true prosperity can be established. This was the case of King Saint Louis IX (1214-1270). His reign is remembered as the time of “good money” because of the justice that he administered and the value that it … Read more
