Economics                                                  Economics represents the essence of our Fraternity.

Exerpts from Andrew Jacksons
Farewell Address
March 4, 1837

In reviewing the conflicts which have taken place between different interests in the United States and the policy pursued since the adoption of our present form of Government, we find nothing that has produced such deep-seated evil as the course of legislation in relation to the currency. The Constitution of the United States unquestionably intended to secure to the people a circulating medium of gold and silver. But the establishment of a national bank by Congress, with the privilege of issuing paper money receivable in the payment of the public dues, and the unfortunate course of legislation in the several States upon the same subject, drove from general circulation the constitutional currency and substituted one of paper in its place.........

The Premise of a True Socialism

In Maine, Service Time Swapped to Help Stretch Dollars in Recession

A PBS Newshour segment    Nov 17, 2010

Economists Earn Nobel Prize for Asking How Job Market Works
A PBS Newshour segment    Oct 11, 2010

Social Credit

Upcoming Conference Targets Monetary System
By Mark Anderson

Social Credit  -  Wikipedia description

Douglas Social Credit Secretariat    -  Offical Website

Social Credit
By Major Clifford Hugh Douglas

The Relation Between the Economics of C. H. Douglas and Those of Rudolf Steiner  By Owen Barfield

The Evil Federal Reserve
By Thomas D. Schauf

Articles of Interest

A 'time bomb' for world wheat crop The Ug99 fungus, called stem rust, could wipe out more than 80% of the world's wheat crops as it spreads from Africa, scientists fear. The race is on to breed resistant plants before it reaches the U.S.

Moral Bankruptcy
Why are we letting Wall Street off so easy?   By Joseph E. Stiglitz    Mother Jones

Thank You, Wall Street. May We Have Another? 
By David Corn    Mother Jones

British Financial Warfare: 1929; 1931-33; How the City of London Created the Great Depression
By Webster Tarpley

But when the charter for the Bank of the United States was obtained from Congress it perfected the schemes of the paper system and gave to its advocates the position they have struggled to obtain from the commencement of the Federal Government to the present hour. The immense capital and peculiar privileges bestowed upon it enabled it to exercise despotic sway over the other banks in every part of the country. From its superior strength it could seriously injure, if not destroy, the business of any one of them which might incur its resentment; and it openly claimed for itself the power of regulating the currency throughout the United States. In other words, it asserted (and it undoubtedly possessed) the power to make money plenty or scarce at its pleasure, at any time and in any quarter of the Union, by controlling the issues of other banks and permitting an expansion or compelling a general contraction of the circulating medium, according to its own will. The other banking institutions were sensible of its strength, and they soon generally became its obedient instruments, ready at all times to execute its mandates; and with the banks necessarily went also that numerous class of persons in our commercial cities who depend altogether on bank credits for their solvency and means of business, and who are therefore obliged, for their own safety, to propitiate the favor of the money power by distinguished zeal and devotion in its service. The result of the ill-advised legislation which established this great monopoly was to concentrate the whole moneyed power of the Union, with its boundless means of corruption and its numerous dependents, under the direction and command of one acknowledged head, thus organizing this particular interest as one body and securing to it unity and concert of action throughout the United States, and enabling it to bring forward upon any occasion its entire and undivided strength to support or defeat any measure of the Government. In the hands of this formidable power, thus perfectly organized, was also placed unlimited dominion over the amount of the circulating medium, giving it the power to regulate the value of property and the fruits of labor in every quarter of the Union, and to bestow prosperity or bring ruin upon any city or section of the country as might best comport with its own interest or policy.
The idea of a Three-Fold Social concept has left this area purposefully vague. We have become acustomed to relating to our reality from an economic perspective. To change the way we see economy will take a little effort. But I think you'll enjoy the results. So check back soon for progress.


Eventual lunch bill may spell end to dollars dominance  By Gary Duncan 10-13-04

Walmart vs. America's Middle Class
by James O. Goldsborough  1-26-04

Top Fiscal Watchdog Delivers Stinging Attack on Deficit  By Ann McFeatters 1-23-04

BCCI Trial puts Bank of England on the Dock
by Conal Walsh 1-11-04

The L-Curve    By David Chandler  
The income distribution of the United States


The Evil Of Capitalism  What would the world be like if it was owned by just one man? Are we really playing Monopoly?5/01

Selective Economy  Questioning the practice of Cultural separatism.

The Rothschild Banking Network
The Rothschilds, LBMA, and Gold   By Markus Angelicus

A Lecture Series

World Economy
The Formation of a Science of World-Economics

  by Rudolf Steiner  
  Editorial Note  
Lecture I Dornach 24th July, 1922
II  Lecture II Dornach 25th July, 1922
III  Lecture III Dornach 26th July, 1922
IV  Lecture IV Dornach 27th July, 1922
Lecture V Dornach 28th July, 1922
VI  Lecture VI Dornach 29th July, 1922
VII  Lecture VII Dornach 30th July, 1922
VIII  Lecture VIII Dornach 31st July, 1922
IX  Lecture IX Dornach 1st August, 1922
Lecture X Dornach 2nd August, 1922
XI  Lecture XI Dornach 3rd August, 1922
XII  Lecture XII Dornach 4th August, 1922
XIII  Lecture XIII Dornach 5th August, 1922
XIV  Lecture XIV Dornach 6th August, 1922


Stock Market Crash 1929
Stock MArket Crash 1987


Foundation of the Federal Reserve Bank  Just the beginning! 

Bureau of the Public Debt.  Sponsered by the Treasury department.