Tag Archives: GDP

Why the Debt Ceiling Matters: Currency & Goverance Regime Matters

In national emergencies Congress can exceed tax expenditures and run deficits.  What Reagan taught was simple, the deficit itself is not the problem, but the depth, the reach and scope of government on civil society IS. This is why confiscatory … Continue reading

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How To Understand The Chinese Political Economy: A Brief Overview

Sinic Civilization exhausted itself as evidenced by the late 19th century.  It simply had no more intellectual nor spiritual reserves (ideas) from which to grapple with the encroachments that became the Imperial Powers.  Certainly by the early 20th century it … Continue reading

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