Post Tagged 'gold'

July 26, 2017

The political implications of bitcoin

Prior to the publication of John Maynard Keynes’ The General Theory of Employment, Interest, and Money, balanced budgets reflected the received wisdom for governments. By making the case for debt spending in times of recession (and the virtually ignored case for restricting spending in times of growth), Keynes gave political leaders a license to abandon the requirement of balance. Continue Reading...

November 15, 2007

George Hearst of Deadwood: ‘The-boy-the-earth-talks-to’

In a bit of an addendum to my review of the HBO series Deadwood in the current issue of Religion & Liberty, “A Law Beyond Law: Life Together in Deadwood,” I couldn’t help thinking of this bit from Clement of Alexandria when describing George Hearst, the über-robber baron of the Old West. Continue Reading...