I'm going to get straight to the point. How much would it cost for the state of California to fund a "Medicare-for-All" single-payer healthcare system? Well, the short answer is that in 2019 it would've cost approximately $240 billion, or about 7.5% of gross state product. But Please don't close out just yet! You should … Continue reading How Much Would It Cost For California To Adopt A Single-Payer Health Care System?
In the year of the apocalypse 2020, a year fraught with pandemic, war, and economic recession, governments of the world have stepped up their game with respect to 'printing money.' In the month of March, the M2 money stock grew by $1.1 trillion, more than it grew throughout the entirety of 2019. This phenomenon can … Continue reading Inflation and Debt Monetization
Many people are accustomed to the idea that banks magically print money and cause inflation. People wonder, "Hey, why can't I do that?" Well, the answer is you can't because nobody can, not even commercial banks. In a fractional reserve banking system like the one we have, commercial banks can only lend an amount equal … Continue reading Fractional Reserve Banking 101
"Justice is a certain rectitude of mind whereby a man does what he ought to do in the circumstances confronting him" —Thomas Aquinas. According to their website, part of the Justice Department's mission is to "seek just punishment for those guilty of unlawful behavior." In my view, the idea that people who do wrong should … Continue reading Justice and Determinism
Si vis pacem, para bellum—if you want peace, prepare for war. In the midst of a new cold war, these ancient words ring as true as ever. Despite the fall of the Soviet Union and the subsequent embrace of democracy throughout many parts of the world, totalitarianism persists to this day, and is stronger than … Continue reading Reactivating the Truman Doctrine
The emergent Coronavirus, or COVID-19, is a highly contagious pathogen which causes a whole host of unpleasantries ranging from severe respiratory illness to kidney failure. The virus is thought to have originated in a fresh-air sea market in the city of Wuhan, the capital of the Hubei Province. This article will discuss the attributes of … Continue reading My Thoughts On The Coronavirus
"My name is Fanya Kaplan. Today I shot at Lenin. I did it on my own. I will not say whom I obtained my revolver. I will give no details. I had resolved to kill Lenin long ago. I consider him a traitor to the Revolution. I was exiled to Akatui for participating in an … Continue reading Short Essay: Today I Shot At Lenin
One of the many misconceptions among environmentalists is that clean drinking water is increasingly scarce, and that we will run out of it soon if we do not drastically change our ways. There is merit to this argument, but it fails to consider the age we live in, and the sustainable solutions we already wield. … Continue reading Freshwater Is Not Necessarily Scarce