The Political Economy of Production and Predation

2025-08-26

The entire set of social relations of production can be broadly summarized into two things: production and predation. The less predation a nation has, the wealthier it becomes. I. The Path to a Strong Nation How can a nation become wealthy and powerful, dominating the world? By building a new…

Understanding Asset Inflation and Consumer Deflation

2024-01-20

The coexistence of asset inflation for the wealthy and consumer deflation for the poor is a defining characteristic of modern economies. This phenomenon is rooted in the fundamental way our financial system operates: money is created through credit, and access to that credit is inherently unequal.…