Credit Crash
According to Stephen Roach’s book ‘Unbalanced,’ America and China are addicted to ‘the political economy of false prosperity’. In America’s case, they undertook a policy of increasing shareholder profits by cutting...
According to Stephen Roach’s book ‘Unbalanced,’ America and China are addicted to ‘the political economy of false prosperity’. In America’s case, they undertook a policy of increasing shareholder profits by cutting...
The 19th Century was rife with fake philanthropy movements, from temperance leagues, to anti-smoking groups, to hygiene organizations. One of these movements was organized about spreading hysteria and panic related to...
Two of The New American’s hosts discuss geopolitical events with respect to China, the emerging technocracy, and the way forward for freedom-loving Americans. Watch Part One with Ben Armstrong here. DISCLAIMER:...
The media is now promoting new medical tattoos that have graphene in them and can transmit information remotely using radio frequencies. Baruch Goldstein, who runs one such startup, calls these tattoos “cutaneous sensors”. Question:...
In his book “Crystalizing Public Opinion,” Edward Bernays said back in 1926 that a new form of government has emerged for the first time in thousands of years, a form different...
What is the difference between a dictatorship and a totalitarian state? Answer: A dictator only controls one institution (namely, government). In a totalitarian state, by contrast, the ruler lays claim to...
When someone creates a new axiom, what he did was notice a pattern– one that was derived from past data, describes present activity and can thus be used to predict the...
Governments are systems, and systems repeat. (If it doesn’t repeat, it isn’t a system.) Our Constitution, for instance, is a paper algorithm, setting up certain repetitions. Every four years we elect...
Penny Kelly wrote a fascinating book some decades ago, which predicted events that seem to be happening today. Entitled “Robes,” the book offers a roadmap of occurrences that stretch out beyond...
One of the first things the Founding Fathers did was to establish a division of weights and measures in the Constitution. By maintaining standards in this sense, merchants couldn’t cheat consumers....
Self-similarity is the concept of a pattern repeating both in the microcosm and the macrocosm. ‘As above, so below,’ said the ancients. Fractal patterns abide by this rule. How is Man,...
Ever since teenaged hysteria kicked off the Salem Witch Trials in the 1600s, a new mania appears every so often. Every decade or so, the media promotes a new trendy condition:...
150 years ago, Karl Marx prophesied the clash between two segments of society: labor versus capital. He saw the economy as binary in structure. As events would unfold, it turned out...
Modern society has deprived young people of religion, thereby stripping a coherent story-arc from their lives. Most plays have a set pattern: a beginning, a middle and an end. One can...
In the Age of Mercantilism, empires fought over naval trade lanes and colonies. This historical trend was curtailed by the unipolar world of the United States after the end of World...