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What are Boom and Bust? Alternative Economics 101 - Chapter 5: Tax Your Imagination!

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America does not consider itself imperialistic, because it has high ideals of freedom and self-determination. It advocates free trade, freedom of speech, freedom of religion and freedom of assembly throughout the world. Free trade is only one component of many, yet it is invariably trade that generates the most trouble among all people.

Rebellion does not make a nation strong and wise; it often marks a point of weakness and stupidity. Some nations languish in this state for decades, if not centuries. The leader of one nation that was controlled by American influence described it as being held by two nooses. If the multi-national pulls out, then their economy becomes even worse, but if they stay, the situation is untenable. Everyone around the world is trying to satisfy the budget conditions. No one has been successful. The sword has been as ineffective as the pen. The problem is with the numbers.

Monopoly demonstrates that the economy will be the same no matter who is in charge. An economy with profits, interest or taxes will fail eventually. All compounding percentages are critically important. All revolutions have sought a more just society, and have been for naught because of a lack of mathematical clarity.

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Steve grew up in a family business, was a history major in college, and has owned a small business for 25 years. Practical experience (mistakes) have led him to recognize that political rhetoric and educated analysis often falls short of reality. (more...)

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