The Constitution Myth

One reason for the failure of the modern conservative and libertarian movements to scale back, in even a miniscule way, the now gargantuan US welfare/warfare state has been the misinterpretation of the US Constitution.  Many conservatives have a slavish devotion to the document, placing it on a par with the Ten Commandments and New Testament. … Continue reading The Constitution Myth

The Gold Standard: Friend of the Middle Class

It has been theoretically demonstrated and seen in general practice that a monetary system of 100% metallic money devoid of central banking checks monetary inflation, prevents a general rise in the price level, and eliminates the dreaded business cycle while making all sorts of monetary mischief nearly impossible.  A gold standard is not only economically … Continue reading The Gold Standard: Friend of the Middle Class