JEFF DEIST: How does a kid from New Jersey get interested in economics, much less decide to get a PhD? JOE SALERNO: Well, I didn’t really plan it. I think it all began back in fifth grade when my mother’s cousin visited from Italy, and during the course of conversation, he revealed that he was a member of the Italian Communist Party. My father, a New Deal Democrat who had voted for JFK, was also an ardent anti-communist. He got into a big argument with the cousin and then threatened to throw him out. This made me wonder what made my … Continue reading →

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We have crossed the boundary that lies between Republic and Empire. If you ask when, the answer is that you cannot make a single stroke between day and night. The precise moment does not matter. There was no painted sign to say, “You now are entering Imperium.” Yet it was a very old road and the voice of history was saying: “Whether you know it or not, the act of crossing may be irreversible.” And now, not far ahead, is a sign that reads: “No U Turns.” If you say there were no frightening omens, that is true. The political … Continue reading →

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Today is Easter, an important Christian holiday. But it is not marked on the calendar that is part of the Apple software that came with my Apple computer lap top. Today is also April Fools day, and that is marked on the Apple-supplied calendar. For Apple’s programmers, April Fools Day trumps Easter. How can it be that an American company, Apple, can remember to mark on the calendar Cinco de Mayo (May 5), Mexico’s commemoration of a Mexican army victory of the French in the Battle of Puebla in 1862, but not Easter? Hanukkah on December 13, but not Easter? … Continue reading →

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Sputnik 1 was launched in October, 1957. I remember exactly where I was when the news story broke on the radio. My friend and I were being driven to a high school football game by his father, an aeronautical engineer at one of the largest manufacturers of helicopter rotor blades in the world. News of Sputnik was so important that he pulled the car to the side of the road so the three of us could listen to the lengthy newscast without distraction. The following year in 1958, at the height of the Cold War, an unknown 23 year old … Continue reading →

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The Federal Reserve recently increased interest rates to 1.75 percent. This is the highest interest rates have been since 2008, but it still leaves rates at historic lows. While the Fed says economic growth justifies future rate increases, an honest examination of the economy suggests that future rate increases are unlikely. The Fed’s claim that the economy is strong is based on misleading government statistics. For example, the official unemployment rate understates true unemployment by not counting those who have given up looking for work. According to John Williams of Shadow Government Statistics, the real unemployment rate is above 20 … Continue reading →

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By Dr. Mercola Pau d’Arco — made from the bark of a large evergreen tropical tree found in the rainforests of the Amazon, South America and Latin America1 — is a potent antiparasitic remedy with a long history of use by indigenous populations. It also has antimicrobial, antiviral, antibacterial, antifungal and anti-inflammatory properties, as well as analgesic, antioxidant, astringent and laxative effects. It’s one of the supplements I take on a daily basis for its mitochondrial, immune-boosting and antiaging benefits. Uses and Benefits of Pau D’Arco Traditional and indigenous medicine has used Pau d’Arco for at least 1,500 years for the … Continue reading →

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By Dr. Mercola Pau d’Arco — made from the bark of a large evergreen tropical tree found in the rainforests of the Amazon, South America and Latin America1 — is a potent antiparasitic remedy with a long history of use by indigenous populations. It also has antimicrobial, antiviral, antibacterial, antifungal and anti-inflammatory properties, as well as analgesic, antioxidant, astringent and laxative effects. It’s one of the supplements I take on a daily basis for its mitochondrial, immune-boosting and antiaging benefits. Uses and Benefits of Pau D’Arco Traditional and indigenous medicine has used Pau d’Arco for at least 1,500 years for the … Continue reading →

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So, it looks like we now have another actor getting involved in Syria by putting boots on the ground. On March 29, French President Emmanuel Macron vowed to send troops to Manbij in support of the US-led Syrian Democratic Forces (SDF). The goal is to block Turkish advances into the region, and this move will be coordinated with the US military. According to the president, the troops will be sent “very quickly.” This announcement was made during a time of Turkish threats to drive the Kurds out of Syria’s northern regions. On March 29, President Macron conducted talks with a delegation consisting of Kurdish, Arab, and … Continue reading →

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So, it looks like we now have another actor getting involved in Syria by putting boots on the ground. On March 29, French President Emmanuel Macron vowed to send troops to Manbij in support of the US-led Syrian Democratic Forces (SDF). The goal is to block Turkish advances into the region, and this move will be coordinated with the US military. According to the president, the troops will be sent “very quickly.” This announcement was made during a time of Turkish threats to drive the Kurds out of Syria’s northern regions. On March 29, President Macron conducted talks with a delegation consisting of Kurdish, Arab, and … Continue reading →

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