High-Frequency Trading: Markets on Steroids

Return to Order High-Frequency Trading: Markets on Steroids 2

The purpose of the stock market is to provide liquidity to investors who know with certainty that they can buy and sell their shares at any time. In this way, the market serves as a constant encouragement to invest capital in sectors of the economy while limiting risks. Thus, the market fulfills a need in society and can contribute to economic prosperity.

However, it is no secret that the stock market has often favored reckless activities and speculation that depart from this purpose. It has given rise to crashes, manias and panics that turns this instrument of sound investment into a financial casino where everyone plays the market in hopes of cashing in at the right moment. Stockbrokers are always coming up with new ways to beat the market. Such practices are perfect examples of what has been called frenetic intemperance – a reckless and restless spirit inside modern economy that seeks to throw off all restraint.

Read more

Embedding Honor in Society, Restoring Trust

Return to Order Embedding Honor in Society, Restoring Trust

We must ask how a rule of honor can be restored. To this we would reply: fill society with principles, ideas and moral values and the influence of the rule of money will greatly diminish. Free Audio Book: Return to Order: From a Frenzied Economy to an Organic Christian Society—Where We’ve Been, How We Got … Read more

The Massification of the Culture Leads to the Massification of People

Return to Order The Massification of the Culture Leads to the Massification of People 2
“extreme individualism leads to the demise of community”

One major consequence of our mass culture is that we no longer see ourselves as social beings, but rather as the center of a separate little world with no essential need of betterment through society. In such a vision, notes philosopher Alasdair MacIntyre, we “see in the social world nothing but a meeting place for individual wills, each with its own set of attitudes and preferences and who understand that world solely as an arena for the achievement of their own satisfaction, who interpret reality as a series of opportunities for their enjoyment.” [ref] Alasdair MacIntyre, After Virtue: A Study in Moral Theory, 3rd ed. (Notre Dame, Ind.: University of Notre Dame Press, 2007), 25.[/ref]

Read more

Cryonics: An Example of the False Promises of Technology

Return to Order Cryonics: An Example of the False Promises of Technology 2

At the time of the Industrial Revolution of the nineteenth century, technology awakened great expectations and enthusiasm. The prospect of a kind of technological utopia electrified the air. There was a subconscious yet unbounded confidence in technology, vaguely analogous to the absolute confidence that Christians once placed in Divine Providence. So great was the hope … Read more

18,000 Hostess Jobs Gone – The Root of the Issue

Return to Order 18,000 Hostess Jobs Gone – The Root of the Issue

Hostess_twinkies-2The reporting of the debate between Hostess and its bakery union is not getting to the core of this issue, a critical one which profoundly affects the economy today: The foundation of amicable employer – employee relationships.

Tragically, under this rule of money, men adopt a corresponding set of values that takes root in society.  We see an entirely different way of looking at life where social, cultural, and moral values are put aside. In their place is a set of values that attaches more importance to quantity over quality, utility over beauty, matter over spirit.

Read more

We Must Fight for America – Not Secede from America

Return to Order We Must Fight for America – Not Secede from America

While we must kill the cancer, we must also defend the body. For this reason, we must also vigorously defend the many excellent values that still exist in America. In the order of economics, we must defend sound principles like private property and free enterprise, which are according to natural law and form the foundation … Read more

We Must Resist the Temptation to Secession

Return to Order We Must Resist the Temptation to Secession

In face of the great discontent with the current economic and moral crisis we must resist the temptation to simply write off the present system with all its problems. We must avoid the defeatist attitude of those who advocate isolating themselves from society and awaiting better days. In individualist fashion, they would take care of … Read more

The Case Against Secession

Return to Order The Case Against Secession 1

I can understand the angst of many Americans after the last elections. There is the growing sensation that government is not responsive anymore to the needs and desires of countless citizens in the vast red-state heartland.

Many want out and see secession from the Union as a way to leave the problem behind. Others simply want to register their protest and as a knee jerk reaction signed one of the numerous petitions asking for secession. All this is understandable – although if one’s problem with the government has reached the point of asking for secession, the last place I would want my name is on a petition lodged on the databases of the White House’s computers.

While I can understand the frustration, I take issue with secession for several reasons. The first is because I do not think it will resolve the problem. I am only too willing to admit that the federal government inside the beltway leaves much to be desired. However, our federal legislators come from the states. The main problem lies with the insufficiency of our whole political class and it extends across state lines. The dearth of leadership we experience is universal. I do not see any guarantees that the problems that are the cause of so much frustration on the federal level will not repeat themselves on the state level. Exchanging one set of federal unresponsive leaders for a set of similar state leaders hardly seems a solution.

Read more

A Favorite Quote From Return to Order: Elites Are Necessary

Return to Order A Favorite Quote From Return to Order: Elites Are Necessary

One of my favorite quotes from Return to Order is a comment of Ludwig von Mises about the need for elites, heroes and representative characters in society. Our culture of frenetic intemperance has failed to recognize the courage of those who look beyond their own self-interests and consider the needs of the common good. These key figures, who are real heroes need to be honored at all levels in society, for they are responsible for true progress.


Ludwig von Mises states:

“Mankind would never have reached the present state of civilization without heroism and self-sacrifice on the part of an elite. Every step forward on the way toward an improvement of moral conditions has been an achievement of men who were ready to sacrifice their own well-being,

Read more