WORLD REFLECTION ON THE CRISIS OF DEMOCRACY AND MULTILATERALISM (Second draft, incorporating suggestions and criticisms received) Brief description of goals of the project We live in times of a decline of democracy and of multilateralism as basis for international relations. In the last ten years, the percentage of people living under authoritarian governments …
Perspectives: Shay’s Rebellion
Shay’s Rebellion Washington’s Personal Example By Rinaldo S. Brutoco The following Perspectives column was published in the August 25, 2022 (online and printed) edition of the Montecito Journal as well as on the World Business Academy website. What was Shay’s Rebellion, and why should we care? It was the first test of a young nation. The United …
Perspectives: Don’t Call This Court “Conservative”
Don’t Call This Court “Conservative” “There’s a bad moon on the rise…” By Rinaldo S. Brutoco The following Perspectives column was published in the August 18, 2022 (online and printed) edition of the Montecito Journal as well as on the World Business Academy website. Does it upset you when you hear traditional media refer …
A Perspective from Academy Fellow, Ravi Chaudhry
A Perspective from Academy Fellow Ravi Chaudhry Carving the Path to Acceptable Capitalism It is widely acknowledged that capitalism, as it has evolved over the last five decades, is no longer acceptable. Many of today’s global problems are directly attributable to blatant excesses of capitalism – including the glaring collapse …
Perspectives: Wow! Fareed Got it Wrong Again
Wow! Fareed Got it Wrong Again Read the science By Rinaldo S. Brutoco The following Perspectives column was published in the July 28, 2022 (online and printed) edition of the Montecito Journal as well as on the World Business Academy website. Fareed Zakaria is a man deserving of considerable respect. He is not only a great columnist, television …
Interest Rate Hikes Will Not Save Us from Inflation
Rather than making money harder to get, the U.S. government needs to focus on the other side of the demand vs. supply equation. In prescribing cures for inflation, economists rely on the diagnosis of Nobel laureate Milton Friedman: inflation is always and everywhere a monetary phenomenon—too much money chasing too …
Perspectives: The 2nd Amendment
The 2nd Amendment Bad law is always trashed By Rinaldo S. Brutoco The following Perspectives column was published in the July 14, 2022 (online and printed) edition of the Montecito Journal as well as on the World Business Academy website. Let’s get something straight: just because the Supreme Court comes up with a clearly wrong opinion …
Perspectives: We Hold These Truths To Be Self-Evident
With the 4th of July Holiday just past, it is more important than ever to reflect on the Nation’s founding “energy,” what the Germans would call our Zeitgeist. Famously observed, America is not a nation that arose due to geographic isolation of a singular genealogical population as the British …
Past As Prologue by Rinaldo S. Brutoco
“Our Fortunes, Our Lives, Our Sacred Honor” Whether we like it or not, we are all witnessing something particularly horrific, an incredible tragedy, being televised for all the world to see as the January 6th Committee Hearings. The world’s democracies are getting scared—as should all of us be. In Germany this …