Crypto-Currency Meltdown Is a Lesson on the Nature of Money and Wealth

Crypto-Currency Meltdown Is a Lesson on the Nature of Money and Wealth

The latest meltdown in the crypto-currency market is one more example of the frenetic intemperance of an economy that values profits over wealth. The FTX crypto-currency exchange failed when spooked investors tried to withdraw $8 billion from their accounts. A classic bank run that followed threw the underfunded exchange into bankruptcy. The FTX Crypto fiasco … Read more

America Faces the Curse of Seesaw Elections

America Faces the Curse of Seesaw Elections

The midterm elections are over. Contrary to expectations, Democrats did not receive a well-deserved trouncing. The House flipped just enough seats to give the Republicans a slim majority. Republicans failed to take control of the Senate. The House victory will at least put a stop to very evil legislation. On the other hand, President Biden … Read more

BlackRock Takes a Hit: ESG Boomerangs on Investment Managers

One persistent myth in today’s materialistic society is that money rules everything. Those wishing to understand why people act the way they do are told to “follow the money.” The lust for power and wealth trumps everything. However, there are more important things than money—even on Wall Street. Some liberal businessmen and investment management firms … Read more

Why Is the Toy Market Targeting Adults?

Why Is the Toy Market Targeting Adults?

Some years ago, people criticized the tendency of young people to defer adulthood and live as eternal adolescents. Youth were encouraged to engage in “adulting” by assuming at least some of the duties and responsibilities expected of fully developed individuals. Now a new word is circulating describing another postmodern absurdity: the kidult. This curious mixture … Read more

Are You Spiritually Prepared for Nuclear War?

Are You Spiritually Prepared for Nuclear War?

The winds of war are blowing as the conflict in Ukraine threatens to expand to include all of Europe and even America. There is much talk of nuclear war—at no time since the 1962 Cuban Crisis has the possibility of such an outbreak been so likely. America could be attacked by nuclear weapons soon. From … Read more

When Is There Too Much Whisky?

When Is There Too Much Whisky?

Scotch Whisky (without the “e”) justly merits acclaim from connoisseurs worldwide who appreciate its nuance and flavor. For this reason, Scotch is increasingly popular as more people are exposed to its charms. The whisky business is now booming in Scotland. The growth should be a good thing. By modern business metrics, if a product is … Read more

The ‘Economy of Francesco’ Repackages Radical Themes in Assisi

The ‘Economy of Francesco’ Repackages Radical Themes in Assisi

The Economy of Francesco is the name of a 2019 initiative created by Pope Francis to address the world’s economic problems. He invited “young economists, entrepreneurs and change-makers of the world” to participate in studies to explore new ideas to change how people and nations live and manage the economy. On September 24, 2022, Pope … Read more

President Biden Blasphemes Against the Faith

President Biden Blasphemes Against the Faith

President Joe Biden seemed to have reached the extreme limits of denying Church teaching with his aggressive promotion of abortion at every opportunity. After the Dobbs decision, the “Catholic” president has worked tirelessly and fanatically to sabotage the efforts of countless pro-life Catholics. To the scandal of so many, he has no fear of punishment … Read more