Defending the Judeo-Christian Heritage, limited government, and the American Constitution
Saturday August 1st 2015

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S.E.M., Vol. 1, No. 7
Federalist 69 - by Alexander Hamilton. 1. What are the chief characters in regards to the President as outlined in the proposed Constitution? 2. Why does Hamilton believe the term of office for a President should be longer than three years? 3. What was the term of office for the king of England and what, in your opinion, is the potential for abuse in such a term? Would the term of office of the king of England present any advantages - in the Founders experience and in your opinion - over over the new American system? Read all of the questions and post your response at our new resource Self-Educated Man

‘Chris Clancy’

A Voice in the Wilderness

A Voice in the Wilderness

BY CHRIS CLANCY (Read Part 1,  Part 2,  Part 3, Part 4, Part 5) In Western Europe, over a very long period of time, events transpired which would result in what we now call the Industrial Revolution. It’s widely accepted that it really got underway in the second half of the eighteenth century. About one hundred years later something [...]

Why Us and Not Them?

Why Us and Not Them?

BY CHRIS CLANCY (Read Part 1,  Part 2,  Part 3, Part 4) The study of economics poses many great questions. But there’s one question in particular – which most of us may well have wondered about at some time or another – even if we never actually studied the subject. The question is this: How come we in the West have had it so [...]

Sitting With a Giant

Sitting With a Giant

Pascal SalinPhoto credit: Mises.org BY CHRIS CLANCY (Read Part 1,  Part 2, & Part 3) Here’s a story which I find both interesting and inspirational. It is about a French economist called Pascal Salin. On the face of it, the most striking thing about Salin is that he made it to the top of his profession at a very young [...]

It Starts at the Top

It Starts at the Top

Chris Clancy BY CHRIS CLANCY (Read Part 1, & Part 2) Historically, and legally speaking, there have always been three ways of getting very rich very quickly. You could earn it, inherit it, or do it the old fashioned way and marry it. Of course these three ways still exist - but nowadays we have to add a fourth. Eisenhower [...]

And Fortunes Will Be Made – Chris Clancy

And Fortunes Will Be Made – Chris Clancy

Chris Clancy BY CHRIS CLANCY (Read Part 1) I recall an aged professor solemnly telling us, that the days when a man could start out with only a few dollars in his pocket, and single-handedly turn it into millions, were over. I can still remember his opening words. More lament than lecture. "Gentlemen," he wheezed to his mixed [...]

Chalk and Cheese – Chris Clancy

Chalk and Cheese – Chris Clancy

(Credit: Sarah Tew/CNET) BY CHRIS CLANCY When I was working in Wuhan I met a couple from the UK. They were having a two week jolly in the Far East. They spotted me in a crowded department store and needed some help. Rather than give them directions I escorted them to the shops they needed. We agreed to meet up for dinner that [...]

Economics in Academia – Chris Clancy

Economics in Academia – Chris Clancy

Chris Clancy BY CHRIS CLANCY The following story is told for purely selfish reasons. The purpose is to illustrate and share the misery which so many students of economics have to endure. I recall a group of these unfortunate souls approaching me some time ago. They wanted to discuss one of my articles. Of course I was delighted to [...]

Chris Clancy: Pop Tarts and Potato Chips

Chris Clancy: Pop Tarts and Potato Chips

Chris Clancy BY CHRIS CLANCY Before the emergence of the welfare state, some help was available for those in need – real need. It was provided voluntarily by charitable people and organizations. This was one of the many attributes of what we once fondly referred to as “civil society”. Any such help was, quite rightly, described as a [...]

Chris Clancy: The Great Global Warming Swindle

Chris Clancy: The Great Global Warming Swindle

Chris Clancy BY CHRIS CLANCY Last weekend, yet another hugely expensive “climate change” conference was held in Doha, Qatar. Almost predictably, it came to an end in a manner which was both confused and inconsequential. What exactly was achieved? Nothing! That fact it was held in a country which earns its money by exporting [...]

Benjamin Franklin’s Warning Was Prophetic

Benjamin Franklin’s Warning Was Prophetic

Benjamin Franklin warned that if the people ever got into a position where they could vote themselves money, it would herald the end of the republic BY CHRIS CLANCY November 2012 has drawn to a close. One last thought before we brace ourselves for what’s to come. A few days after the election, Peter Hitchins wrote an article [...]

Chris Clancy: Beyond the Tipping Point

Chris Clancy: Beyond the Tipping Point

BY CHRIS CLANCY It’s taken a week for the election result to finally sink in. As a foreigner, living far away from it all, I thought it gave me a better prospective. But I got it completely wrong. As did many others – even the “experts”. I thought reality would prevail. Which it did. But not the kind I had in mind. I felt [...]

Chris Clancy: On Truisms and Reality

Chris Clancy: On Truisms and Reality

BY CHRIS CLANCY Election 2012 is drawing to a close. The finishing line is in sight. And not before time. Obama’s first term has been quite a learning experience – for him, his loons and the rest of us - a not-to-be-repeated example of just what happens when a bunch of liberal academics, supported by a liberal media, are put in [...]

The Petrodollar System — Chris Clancy

The Petrodollar System — Chris Clancy

BY CHRIS CLANCY The Petrodollar System: A Brief Overview: 1974 – 2012 Introduction The petrodollar story has a little bit of everything. Hope, ambition, political intrigue, mystery, treachery, greed, deceit, betrayal, despair, poverty, envy, wealth, frustration, anger, courage, rage, conflict, revenge, retribution and more and [...]

Chris Clancy: The Worst Has Yet to Come—Part 3

Chris Clancy: The Worst Has Yet to Come—Part 3

BY CHRIS CLANCY Let’s pick up where we left off at the end of Part 2. In the first half of the 1980s the USD appreciated to the point where American exporters were having a very hard time of it. The driving forces behind the over-strong dollar were the petrodollar system itself and high interest rates. Through a concerted campaign of [...]

Chris Clancy—The Worst Has Yet to Come, Part 2

Chris Clancy—The Worst Has Yet to Come, Part 2

BY CHRIS CLANCY Let’s continue the story (see Part 1) with yet another quote from Marin Katusa, not only someone who knows what he’s talking about, but someone who can actually write: “Until November 2000, no OPEC country had dared to violate the US dollar-pricing rule, and while the US dollar remained the strongest currency in the world [...]

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