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Olduvai III: Catacylsm
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What Is To Be Done?

March 4, 2017

What Is To Be Done? The question in the title is V.I. Lenin’s question. His answer was to create a revolutionary “vanguard” to spread revolutionary ideas among the workers, the economic class that Karl Marx had declared to be the class rising to the ascendency of political power. Finally, democracy, frustrated by upper class interests […]

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Out of the mouths of babes….

January 24, 2016

Out of the mouths of babes….  Parents will tell you the most difficult questions to answer sometimes come from their children. Here are some apparently innocent questions to ask of economists, journalists, financial commentators and central bankers, which are designed to expose the contradictions in their economic beliefs. They are at their most effective using […]

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Greece illustrates 150 years of socialist failure in Europe

June 25, 2015

Greece illustrates 150 years of socialist failure in Europe Greece cannot pay its debts…ever. Nor can several other members of the European Union. That’s why Europe’s elite are loath to place Greece in default. If Greece is allowed to abrogate its debts, why should any of the other debtor members of the EU pay up? […]

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Lenin Was Right …

March 18, 2015

Lenin Was Right … Bear Markets Do Happen Today… the second of the speech about the end of the world we recently gave at Doug Casey’s La Estancia de Cafayate. (You can catch up on the first part here.) As Yogi Berra would say, America is going to come to a fork in the road… and […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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