BankNotes Archive – July 2019
BankNotes Articles from July 2019
Nelson Nash’s Becoming Your Own Banker – Part I, Lesson 3: Becoming Your Own Banker
Content: Page 13, Becoming Your Own Banker Fifth Edition We continue to learn how the Infinite Banking Concept got started. So far, you have heard only a part of my story. The beginning of my awakening was in November 1980 when our first grandchild was born. Interest rates had begun … Read more
Read MoreECONOMICS IS THE MOST IMPORTANT SCIENCE FOR THE LAYMAN
By Gor Mkrtchian Of all the natural and social sciences, economics1 is the most crucial for the intelligent laity. This is because economic understanding among the public makes the difference between barbarism and a healthy society. While the other sciences are important, they only require a small minority of specialists … Read more
Read MoreAustrian Economics is No Longer the Unheard Music
by Jeff Deist Readers of a certain generation will remember the seminal 1980s rock band X, featured in Penelope Spheeris’s great documentary The Decline of Western Civilization. Punk and alternative bands in the Tipper Gore era struggled to get record deals, radio airplay, or even hire venues for gigs at … Read more
Read MoreWhy “Free College” Will Do Little to Help Poorer Americans
Two facts about colleges stand out. First, they are largely (some argue almost entirely) a “private” good; that is to say, the benefits from college attendance accrue mainly to the student, not to society at large. For example, the Census Bureau tells us the typical male adult college graduate made … Read more
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