Jeremy E. Powell

The free market isn’t an entity that exists in a vacuum, but a social condition that exists under a specific cultural strand that respects individuality and proportionality in regards to competition—willingness to accept loss when outcompeted. 

The stereotype of the Prussian as the militaristic, state-loving creature probably needs to be rethought. The history of Prussia and its people is more complicated than contemporary historians wish to admit.

For the past few years, we have seen claims that the BRICS countries were going to develop a gold-based trading currency and push the dollar from its reserve currency perch. However, none of the economies of these countries can operate with a currency as good as gold.