Author Archive for David J. Peterson

Teacher, and writer, economics and cultural issues

23 Secrets Free Traders Won’t Tell You
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23 Secrets Free Traders Won’t Tell You

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During a presentation of the worldwide financial crisis three years ago, none other than Queen Elizabeth asked the best question “How come no one could foresee it?”  She was not alone; the worldwide economic recession has upended many sacrosanct beliefs about how finance and economics really work. This country is currently in its worst economic […]

Who Gives a Hoot About the 1%?
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Who Gives a Hoot About the 1%?

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Before they decamped for winter, the Occupy Wall Street folks were promoting the idea of redistributing wealth from the rich to the poor. Although the income of super-rich in America has soared in the last two decades, such a blueprint would achieve neither justice nor economic growth. America has always been a land where creative […]

Should the World Powers Embrace the Vatican’s Financial Outline?
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Should the World Powers Embrace the Vatican’s Financial Outline?

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A financial reform plan released by the Vatican in October is filled with optimism and hope for sustained economic justice. The plan makes prudent and timely recommendations that would apply moral and ethical principles to alleviate the accelerating world financial crisis – now wider in scope than the Great 1930’s Depression. The document called, “Reforming […]