Why We Are Always Broke Things We Need to Know about the Economy

Do you ever wonder what things will be like for your children or grandchildren? Are you ever fearful your (grand)children will not make it or have a difficult time making it? If you answer -no- to both of these questions you are lucky. If you answer -no- to both questions you may not be interested in what I have to say. Maybe you should be! If you have any hesitancy in answering either question you will be interested in what I say. My life and my book are about questions - questions not too many people are asking. Three years ago I published a book -Why We Are Always Broke: things we need to know about the economy.- Although only 3 years old, my book started 55 years ago when I was a student at the University of Notre Dame. My economics professor, Jerome J Judge, was explaining what then seemed to be a new approach to economics. I fought him every single class. -You cannot spend money you don't have!- -You cannot create something out of nothing!- In early June, 2012 I was invited to speak to the Rotary Club of South Austin, Texas about my book. In 1957 I never envisioned that 55 years later I would be standing in Austin, Texas telling a group of bankers and business people: -You can't spend money you don't have. You can't create something out of nothing.-