Introduction: Do Not Resuscitate Madison’s constitution, of 1789, is a failure because it failed to prevent an unelected centralized elite tyranny from exercising dictatorial powers over citizens. The constitutional crisis in America of deep state agents who exercise illegitimate authority is a direct result of the defective checks and balancesContinue Reading
March 18, 2018 The two economic theoretical premises that serve to support the case of the current free trade proponents, who oppose the Trump tariffs, are: 1. Sovereign nations have an identifiable national welfare function. 2. Sovereign nations have an identifiable set of factor endowments that establish a comparative advantageContinue Reading
Different institutional arrangements in the apparatus of government, and different configurations of constitutional rights, produce different rates of knowledge creation and knowledge diffusion. There is only one constitutional configuration that produces maximum economic growth, based upon maximum rates of knowledge creation and diffusion. James Buchanan suggested that different constitutional rulesContinue Reading
In his recent article about Steve Bannon, Does Conservative Populism Exist?, the eminent academic, Paul Gottfried, offers the standard academic misinterpretation of populist philosophy. Gottfried states, “Populism assumes a high degree of homogeneity, cultural, historic, and ethnic, among the “majority” to whom a populist leader appeals. The white working classContinue Reading