Political Economy

The problem with a monarchy is when times are bad, historically the king either loses his head or must flee to exile, in shame. It was true in Roman times, the French revolution or the Bolshevik revolution. It happened to the Republicans in 2008 with King George. What about the 2012 Presidential election? Which candidate [...]

Continue Reading Who will win the 2012 election?

I turn my ear up to a 45 degree angle to hear better when someone say “the income tax is unconstitutional or illegal”. I listen to their arguments, but they never convince me on legal grounds. Further, I find it curious when intelligent people do not file tax returns and get caught. Lastly I take [...]

Continue Reading Is the income tax legal – Taxation immoral and Unconstitutional?

US economy is not working because Americans forget what economics is about Why is the economy not working? Let me explain economics so simple even Obama could understand, yet he will not. Nor will his Einstein advisers with wing-tip shoes and fancy degrees. I wish he would read this. The simple answer is this: Americans [...]

Continue Reading Why the US has economic problems and what you can do

Is there a correlation between sunspot activity on the sun and the stock market?  Yes.  Further, if  such a technical theory has a spokesperson who says it with confidence and a track record, people listen. However, for me personally, the correlation has no meaning. I would also imagine for a serious stock traders, it is [...]

Continue Reading Stock market and sunspots

The book On Liberty by John Stuart Mill written in 1859 is available here in PDF format for e-readers. You can download it below.  The idea of Liberty is central idea behind our nation. The US was founded on the ideals of the enlightenment, something I personally believe in. However, the idea of individual liberty [...]

Continue Reading On Liberty – John Stuart Mill

Who is to blame for the financial crisis and the US economic problems? Wall Street or Washington? The simple answer. Do not read some egg head NY times economist or some economist in Washington with fancy degrees and on a policy board or maybe even a Nobel prize. I will explain the situation, clear and [...]

Continue Reading Who is to blame Wall Street or Washington?

I do not like reading about the mafia,  I only saw one Godfather and I  never saw the Sopranos. However, when I can across Louis Ferrante’s business book about ‘legitimate business lessons learned from working in the mafia’ it intrigued me. Who do not like Horatio Alger rag to riches and prodigal son stories? Ferrante [...]

Continue Reading Mob Rules – Louis Ferrante – book review

If you want to try to be an entrepreneur, but do not know where to start consider the websites like alibaba.com.  It is like a Chinese eBay for small business designed for people who want to access suppliers, manufacturers and wholesaler.  You can sort by country, and type of product you are searching for. The [...]

Continue Reading Small business idea for the US market

The problem with political parties are they are an abstraction. Rene Descartes wrote ‘ every abstraction is a distortion of the truth’.  Therefore, if you are like me you never fully felt comfortable wearing the hat of a Democrat or Republican.  A particular leader from one party might inspire you, but how often do Abraham [...]

Continue Reading Why I am a Libertarian

My family lives in a paradise, with a good standard and on a tight budget, here is how. A wealthy person is one whose expenses are less than their income. This was true in Ben Franklin’s time and it is true today. I just moved after almost a decade in Krakow, Poland to St. Augustine, [...]

Continue Reading Ways to save money on a tight budget