In the main obituary section of The Wall Street Journal, the editors remembered a Jewish industrialist who failed by modern metrics. His textile mill burned down. When he rebuilt it, he overextended himself and eventually lost control of his mill through bankruptcy proceedings in 2001. Aaron Feuerstein, a former owner of Malden Mills in Lawrence, … Read more
In the main obituary section of The Wall Street Journal, the editors remembered a Jewish industrialist who failed by modern metrics. His textile mill burned down. When he rebuilt it, he overextended himself and eventually lost control of his mill through bankruptcy proceedings in 2001. Aaron Feuerstein, a former owner of Malden Mills in Lawrence, … Read more
The present crisis in America compels me to present a consideration about surviving in our world of chaos. It has three words: “Have no illusions.” Look at the battlefield and have no illusions about the world that surrounds us. That means never adopt an overly optimistic (or pessimistic) vision of what you see. See society … 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
When money becomes the primary concern, it creates a dynamism of its own by empowering banks and other financial institutions to expand the money supply.1 This rule encourages many financial institutions to develop complex new financial products, credit innovations, and speculative instruments that enable them to profit from a tense climate of boom or bust. … Read more
The modern economy of frenetic intemperance often resembles a pendulum. There are periods of extreme productivity followed by crashes and collapse. A classic example of this was the “dot-com” bubble in the spring of 2001. Huge amounts of venture capital had entered the market creating an enormous amount of excitement and spectacular profits. When the … Read more
In the book, Return to Order, there is a description of a legal order that came from Christendom. This order was tied to a higher natural law found in God’s law and to which all, rulers and ruled, were subject. This legal order, based on morality, favored order in society and prevented the unleashing of … Read more
In face of a recession that never recedes, the assumption of a broad and growing prosperity for the middle class is in doubt. Gone are the heady days of the post-Cold War triumphalism of the nineties when optimistic observers believed that we might live forever in a kind of glorious consumerism. Instead, there is a … Read more
It is official; the national debt has now exceeded $21 trillion. The tragic news comes just six months after it hit $20 trillion last September 8. This problem is obviously not going away. By voting to suspend the debt ceiling, Congress has allowed the government to borrow as much as it needs until March 1, 2019. Based … Read more
If you like the ideas found in the book, Return to Order, now is the time to schedule author John Horvat II to address your group or gathering for 2018. Over the years, Mr. Horvat has spoken at hundreds of events and functions with his clear message to bring America back to God and Christian … Read more
