Donald Trump is the classic rent seeker.
Archive | The American Economy
Donald Trump: Hail the 1st American Caesar
If he is elected President in November, Donald Trump will be the first of a succession of American Caesars. The blueprint for why he is popular and what this portends for the American Empire can be read in the fate of Rome. The City of Rome was a republic for hundreds of years, until the […]
Washington Brews Deadly Narco-Taxes
The Washington deal that restarts American governance for three months is one small episode in the history of a crazed system of High Finance that is steadily destroying the economies of the trans-Atlantic nations. At the heart of the crisis is taxation based on a brew of philosophical schizophrenia,social divisiveness and political deception. Is it […]
While Presidents Fiddle in the White House…
Flat-earth economics, as taught in America’s universities, will exercise a fatal influence over the fate of the United States as today’s super-power manoeuvres in response to the shifting structure of global power. How the misdiagnosis shapes political and diplomatic perceptions may be seen from the conclusions in a new analysis offered by two American scholars […]
Does this Depress You?
The best of the world’s brains can be found in Washington DC. But given the lack of wisdom which the leaders and law-makers display, it’s clear they don’t use them. The financial model which they oversee is bankrupt, yet the only principle which unites them is the need for more of the same. America did […]
Who’s Asking the Right Questions?
Something worse than financial instability afflicts the West. It is a crisis of the intellect and morality. People who should know better behave in ways that implicitly reveal their contempt for the rest of us. They are rewarded professionally, but at the expense of people who are made to pay for the dishonesty that surfaces […]
Economics of the Madhouse
Proving the disconnect between reality and the mindset of people who make the decisions that affect our lives, is the big problem. It is not enough to belly-ache about government. Nor are conspiracy theories sufficient, if we want change. The evidence on what went wrong leading up to the financial crisis is now emerging in […]
Washington Deepens the Crisis
Governments refuse to admit that the Western model of economics is dead, and should be buried. With no room for manoeuvre, they should be preparing the blueprint for a viable future Instead, with the US leading the way, the West is boxing itself into a disaster that will terminate in horrors that no-one dare imagine. […]
Towards Another World War?
TWICE in the last 150 years, global depressions contributed to the outbreak of world wars. Can it happen again? The first depression, in the 1870s, began when Europe was flooded with cheaper agricultural products from the rest of the world. Governments had no Plan A to defend their economies, so national pride was allowed to […]