Borrowing Nothing from Nowhere: Phantom Money and Phantom Debt

Borrowing money is a tricky thing to talk about, even trickier than talking about money itself. We all seem to have a love-hate relationship with the stuff. Well, maybe ‘stuff’ is not the right word. People disagree about what money actually is. Some, who I’ll call “money realists,” believe that the essence of money is … More Borrowing Nothing from Nowhere: Phantom Money and Phantom Debt

Individualism and Its Discontents

Why Our Culture Keeps Us from the Pursuit of Happiness Individualism may be the most entrenched and pervasive icon of American civilization.  After all, personal liberty was one of the founding principles of the republic formed in rebellion against the oppressive rule of the British monarchy and its economic elite.  Rarely mentioned, however, is the … More Individualism and Its Discontents