In looking up some sources for my previous post on the gold-exchange standard, I checked, as I like to do from time to time, my old copy of… 2,250 more words
Tags » Great Depression
Many people are aware that the mob made a fortune in illegal alcohol due to Prohibition in the Roaring ’20s.
But most aren’t aware of how they made their greatest profits during the Great Depression: They became loan sharks. 919 more words
"From 'Lame Duck' To 'Fourth Quarter'": One For The History Books, As President Obama Plays Through To The End Of The Game
It seems to me that the job of political scientists is to identify patterns in political history as a way to predict the future. One of those patterns that has been pretty generally accepted is that once a presidential campaign begins to replace a second-termer, the White House occupant goes into “lame duck” status. 897 more words
Source: Gary North, by Gary North
Ideas have consequences, but not in a social vacuum. There are no social vacuums.
Ideas that are held by a minority of fringe academics or polemicists sometimes become the foundations of victorious social movements after existing social institutions are undermined by a social crisis. 760 more words