What is Money? Money is an alternative to barter. It serves as a medium of exchange. In order to be functional (especially in today’s global economy) it must be (1) widely used, (2) accepted in transactions involving the transfer of goods and services from...
Constitutionally Speaking Since the Great Depression, and with few exceptions, American Presidents, legislators and judges have been scrupulous in upholding their artful interpretations of the Constitution. They have put aside partisanship when the American system was threatened, as it was, for example, during the Vietnam...
What If? What might a seminal Constitutional Crisis look like? We’re talking hypothetically, of course. It might start something like this: The House Committee on Oversight and Reform, the House Permanent Select Committee on Intelligence and the House Committee on Financial Services subpoena the President’s, his family’s...
A History Lesson An often-heard refrain today among younger Americans is that they don’t have the same opportunities to achieve the American Dream as their parents and grandparents had. Jobs are scarcer. The jobs that are available don’t provide the same level of income...
Diversification versus Diworsification Diversification is a means of wealth preservation that spreads investments among a range of assets and asset classes. It relies on the concept that owning different kinds of financial assets is less risky than owning only one type and requires an investor...