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Monetary Theory of E.C. Riegel

By Christopher M. Quigley B.Sc., M.M.I.I., M.A.  Introduction In a life spanning over 70 years, one of the greatest students of money, and its meaning, was the American E.C. Riegel. Many regarded him...

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Illusion of Greek bailout is Europe’s dirty little secret

European Union (Photo credit: erjkprunczyk) By David Mc Williams Sigmund Freud once noted that: “Illusions commend themselves to us because they save us pain and allow us to enjoy pleasure instead. We...

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Social Credit

By Christopher M. Quigley B.Sc., M.M.I.I. Grad., M.A. “Banking and credit are too important a business for citizens and politicians to be ignorant of. Upon its fair and equitable administration rests...

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The Poetry Of Life

By Friedrich von Schiller “Who would himself with shadows entertain, Or gild his life with lights that shine in vain, Or nurse false hopes that do but cheat the true?– Though with my dream my heaven...

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The Tragedy of the Euro! What about Germany?

By: GoldSilverWorlds Brecht Arnaert writes: 2012 has been a year of great turmoil for the euro. But our economy is not the only thing that is in crisis. Our economic theory is too, and even more so:...

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Why Government could learn a lot from the world of business

By David Mc Williams One of the many great things about teaching an economics course is that you get as many ideas from your students as you give them. The other night, one of my students, who is...

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The irrationality of it all

  By David Mc Williams Over the past few days, I have received all sorts of economic forecasts of 2013 penned by economists in large financial outfits who are confidently telling me what is going to...

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“fake economist unmasked”.

by Brian Lucey The story in the Guardian is of a Portuguese chap who convinced everybody, possibly including himself, that he had taught economics in the USA and even worked in the world bank. He...

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Namawinelake closure

by Dr. Constantin Gurdgiev I do not know the reasons behind the Namawinelake decision to stop operations, but the announcement that the blog will cease publishing new material starting from tomorrow...

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THE STRUGGLE FOR MONEY

Excerpt: “The Struggle for Money” by H. M. Murray 1957.   The 4 Step Social Credit Solution to the World’s Financial Crisis:   1.             Set up a National Credit Account. At present we have only a...

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