Archive | Economy

On Autarky

In traditional society, it is the principle of autarky, or self sufficiency, which guides economic development. That is to say, political and cultural development guides economics. Generally speaking, states raised money as needed to conduct specific campaigns, public works, and general maintenance of roads and public buildings. The idea of centering political and cultural developments […]

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Posted in Economy, History, Most Recent, Politics0 Comments

Why Occupy Wall Street style protests will always fail

The belief that the masses are a power that can really influence history, or even more so, throw¬†down the established order is part of the propaganda of the French and American Revolutions, and is one of the most effective myths of¬†modern society. The notion that any of these movements succeed because of popular support, or […]

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Posted in Current Events, Economy, Most Recent, North America5 Comments

One continent: Europe’s future goes through Eurasia

This article was contributed by Thierry Vanroy.¬† Recently, Russian Prime Minister Putin made some interesting comments on American geopolitical ambitions. The U.S. ‚Äúwants to control everything‚ÄĚ and takes decisions unilaterally on key questions, Putin said on a campaign stop yesterday in the Siberian city of Tomsk, 3,100 kilometers (1,900 miles) east of Moscow. ‚ÄúSometimes I […]

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Posted in Economy, Politics1 Comment

Post-Peak Oil America: Why I’m not Afraid

Peak oil is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decline. ¬†This concept has been¬†a concern for some scientists, politicians and economists for a while now, mainly because of the vast implications it may have on the world economy and […]

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Posted in Culture, Economy, Politics, Science1 Comment

The 99% are 99% Wrong!

The¬†protests on Wall Street seem to have gained a great deal of momentum, not only in New York, but in other American cities as well, and are continuing to¬†spread¬†throughout the country. ¬†Many of these¬†protesters are fed up with the growing corruption of the government, corporations, and banks, and others seem to be angered by the […]

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Posted in Current Events, Economy2 Comments

Parasitism in the Land of Plenty

Americans, by most standards, are considered rather well off in comparison to the rest of the world.¬† The standard of living in the United States is one of the top 20 in the world by the standards economists use as measures of standards of living.¬† In the Human Development Index, which measures life expectancy, literacy, […]

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Posted in Current Events, Economy, North America0 Comments

Gold makes a comeback worldwide

As the Western welfare states crumble beneath the weight of years of unsound policy, inflation, and a byzantine tax system, gold has become an increasingly attractive way of representing wealth. ¬†The Telegraph reported¬†that gold has reached an all-time high around the world, and that emerging powers such as China and India have abandoned the American […]

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Posted in Economy2 Comments


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