Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.
- A Short History Lesson On Ukraine and Crimea (Win Thin, Credit Writedowns)
- Class on a global scale: the emerging transnational capitalists (Andrew Self, The Conversation) Adam Smith had the modern world class structure described pretty well.
- Why does Congress Nickel and Dime the Debt when it could just Dollarize it? (Scott Baker, OpEdNews.com) Scott Baker has contributed to Global Economic Intersection. Baker points out that Rep. Garland "Andy" Barr [R-KY6] is trying to succeed where Andrew Jackson, Abraham Lincoln and John F. Kennedy failed. He is the author of H.R. 2535: the American Liberty Coinage and Deficit Reduction Act of 2013, which would authorize the U.S. Treasury to create money independent of the private money creation process of the banks. Baker says the bill is unlikely to come to a vote in the House and even less likely to be passed. In this regard Rep. Barr is also following in the footsteps of former Rep. Dennis Kucinich (D, OH) who also proposed but failed to get out of committee legislation that would also have produced sovereign currency.
Today there are 13 articles discussed 'behind the wall'.
The rest of the post is for our premium content subscribers - Click here to continue reading. If you have forgotten your login or password - send an email to info at econintersect.com.