Abolish the Federal Reserve

Abolish the Federal Reserve banking system The purpose of this post is to give reasons why I want the United States Federal reserve bank abolished. Wake up, the Fed is not the solution, it is the problem. Consider these facts about the US Federal reserve and their monetary policy. My idea is not some alternative …

Is deflation bad?

Why deflation is good This post asks is deflation bad or good? The ideal world is full employment and stable prices. That is, red-headed freckled American boys mowing the grass in the summer and mom baking apple pies and little sis with a lemonade stand while the father pulls in the driveway at 4 p.m. …

Islamic economics

The purpose of this post is to explain Islamic economics clearly for a Westerner. I wrote this because I see a lot of information on the web about Islamic economics that is confusing because people are debating the details of economics according to the Koran and missing the overall intent. People get lost in the …

The next Great Depression

Every armchair economist has ask the question, will a Great Depression happen again? It is certainly a worthy question. I will answer it not based on economics theory, as this would have to be a very large post. I am arguing that there will be no great Depression because history never repeats itself in exactly …

Leave the USA to get rich

Why do I advocate leaving the USA and living in a foreign country aboard? The job market is not great and how many reruns on TV can you really watch anyway? Political and economic news is boring after a while (except for my website, please subscribe). You check your favorite sites on the Internet ,whether …

Economics in one lesson

My aim is to give you the basics of economics in one lesson.  If you are considering studying economics or studying now this post will be a useful summary. If you are in the workforce and have no academic interest in economics it will be of great value, as it will explain the way the …