When I was a Finance major in my college years, it was exciting for me to learn how the stock and bond markets were the very basic tools by which our capitalist economy functioned. Capital produced by these markets provided the funds to create the goods and services...
Only in a democratic country are ordinary citizens allowed to own property, accumulate wealth and accumulate and use capital. That is why capitalism was born in democratic nations. We all know that citizens of communist countries are not allowed to accumulate wealth...
Dear Mr. Powell, We need to reassess the status of our economy, inflation, interest rates and recession. It is true that we do not make anything in the United States anymore and therefore supply has to come from overseas. It is also true that clogs and delays in the...
I remember that, when I was a child, regardless of educational background, we all seemed to come to know that God created Planet Earth and later created mankind and instructed us to “increase and multiply and fill the earth”. Well, perhaps He did not mean up to nearly...
If we are able to look up into the night sky, we would see perhaps millions of stars. Each of these stars is likely a solar system similar to the one in which we live. In my book “Past Present and Future of Planet Earth”, I make reference to the fact that the...