The interview deals with Professor Phelps’ marvelous book, Mass Flourishing, Professor Phelps wrote: “In the West there is a sense that the ‘glorious history of desire and dreams has wound down.” The cause is discussed along with hat can be done to restart the system of ‘desires and dreams.’ Professor Phelps suggests that the decrease […]
Larry Parks Interviews Prof Edmund Phelps re Mass Flourishing
Larry Parks Interviews Prof. Mark Skousen re Structure of Production
Some of the topics discussed include GDP inadequacies and BEA new statistic that Dr. Skousen has been promoting for more than 25 years, Gross Domestic Expenditures, GDE. John James Cowperwaith, who administrated Hong Kong after WWII and his view that statistics should not be collected vs. the utility of government statistics. That waste and losses […]
Larry Parks Interviews Hon. David Stockman re his book The Great Deformation: The Corruption of Capitalism in America
Some of the topics touched on include: Was Reagan a fiscal conservative? Did we have free market capitalism, or was that just spin? Was political control of economy really cut back under Reagan-Bush or was that spin? Is the Federal Reserve a symptom of crony capitalism? Fiscal stimulus, monetary central planning, bailouts. . . is […]
Larry Parks interviews Lewis Lehrman re TheTrueGoldStandard.org
For more than 40 years, Lewis Lehrman, Co-Chairman of the Gilder Lehrman Institute of American History, has taken a leadership role in promulgating gold as money. Here, he discusses overcoming objections to eliminating paper money, e.g., that we cannot have gold-as-money because: financial markets are inherently unstable and we need paper money to periodically bail […]
Larry Parks Interviews William Rhodes about the new edition of his book Banker to the World
William R. (Bill) Rhodes is the retired senior vice chairman and senior international officer of Citigroup and Citibank. He is President and CEO, William R. Rhodes Global Advisors, LLC; senior advisor, Citi; and professor-at-large, Brown University. Bill gained a reputation for international financial diplomacy in the 1980s and 1990s as a result of his leadership […]
Larry Parks Interviews Yalman Onaran – Zombie Banks: How Broken Banks and Debtor Nations Are Crippling the Global Economy
Zombie banking has become standard operating procedure for big debtor nations. They prop up failing institutions, print money, and avoid financial corrections. But in an attempt to prolong the inevitable, bigger problems are created. The approach used now has not, and will not, work. This timely book reveals why. Zombie Banks tells the story of […]
Six Reasons Why Promoting the Gold Standard is a Mistake
Promoting the “gold standard,” even with modifiers such as “classical,” “pure,” “100%” and others, or any monetary regime whereby paper money is “backed by,” “redeemable into,” “pegged to” or in any other way related to gold is a mistake for six reasons: The gold standard is not authorized by the Constitution. The only money authorized […]