Keep Your Head Up

We submitted a draft of a new book, dove deep into capitalism and innovation with Ryan Daniel Moran and started traveling Northeast for the holidays… just in time for the “bomb cyclone” to hit. Heh. [The Wiggin Sessions] December 23, 2022 [WEBSITE]( | [UNSUBSCRIBE]( Keep Your Head Up “Success is not final, failure is not fatal: It is the courage to continue that counts.” – Winston Churchill [Addison Wiggin] Addison Wiggin Dear Reader, This week, we submitted a draft of a new book, dove deep into capitalism and innovation with Ryan Daniel Moran and started traveling Northeast for the holidays… just in time for the “bomb cyclone” to hit. Heh. “Capitalism always wins,” Ryan contends, commenting mostly on the state of the political discord in the U.S. today. “Brilliant,” Chris B. wrote on [our YouTube page after viewing the Session](. “Love the positive outlook. I agree wholeheartedly that focusing on creating and distributing value is the best antidote to the cynical manipulations of statists and authoritarians of all stripes. Thanks for this insight-packed conversation!” I hope you’ll take a look and enjoy it yourself. – Addison P.S. Below are the week’s missives on the subject of capitalism, innovation, democracy, the American republic and your money. --------------------------------------------------------------- 19 December 2022 [Government bad. Entrepreneur good.]( [Click here to learn more]( [This week on TWS:]( Simply put, Ryan Daniel Moran’s thesis is simple: Government bad. Entrepreneur good. It’s funny how messages about economics can be marred by hissing -isms and the threat of political dissolution. Capitalism. Socialism. Communism. Moran makes the discussion easy. [Continue reading…]( --------------------------------------------------------------- 20 December 2022 [They, the Elite, A Big Nothing Burger]( [Click here to learn more]( “Today, the situation is completely different,” Bonner wrote in an essay titled They, the Elite. “The elite are not outsiders; they’re insiders, eager to protect their power, status and wealth.” We explored that a little. Bonner’s “paranoia” [not the right word, but the right sentiment] is not unfounded. It clues into an age-old idea put forth by one of capitalist theory’s favorites, Joseph Schumpeter. Apart from his concept of “creative destruction” and the importance of the entrepreneur in the economy of business development, Schumpeter believed capitalism was doomed from its inception. [Continue reading…]( --------------------------------------------------------------- 21 December 2022 [The Attitude]( [Click here to learn more]( Overall, the nihilism is palpable in every reader’s responses. And for good reason. When we’re thinking about these huge ideas, like a global elite class in charge of the entire world and its economic mechanisms… It just gets weird. It is hard not to get lost in the moral relativism and all that and so on. The only way to escape from this pontificating, according to our Session guest this week Ryan Daniel Moran, is to engage with this kind of radical rejection of elitism, and instead take on the air– or attitude– of an individually-motivated, free-thinking entrepreneur. [Continue reading…]( --------------------------------------------------------------- 22 December 2022 [Democracy & Violence]( [Click here to learn more]( When our reader talks of corporate families, he’s not talking about the Kardashians. He’s talking about the Vanderbilt’s of old (the talking head Anderson Cooper is a Vanderbilt, the son of fashion icon Gloria Vanderbilt) and the Rockefellers and the Astors. The Carnegies. Families who in the Gilded Age of American decadence built up our cities à la Ayn Rand and created the funds that have supplied generational wealth for their families for decades to come. [Continue reading…]( Sponsored by Stansberry Research [Click here to learn more]( [America’s most dangerous man?]( Georgetown law school classmate shows how one American man has helped put us in one of the most dangerous moments in our nation’s history. Learn why we could be headed towards a very difficult period in America, who’s most responsible, and the 4 critical steps every American should take. [Click here to see full analysis and 4 recommended steps](. Ed note: Got something to say? Send your feedback to The Wiggin Sessions [here.](mailto:WigginSessions@5minforecast.com) LISTEN ON [The Wiggin Sessions]( The Wiggin Sessions is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Consilience, LLC. delivering daily email issues and advertisements. To end your The Wiggin Sessions e-mail subscription and associated external offers sent from The Wiggin Sessions, feel free to [click here.]( Please read our [Privacy Statement.]( For any further comments or concerns please email us at support@5minforecast.com. If you are having trouble receiving your The Wiggin Sessions subscription, you can ensure its arrival in your mailbox by [whitelisting The Wiggin Sessions.]( © 2022 Consilience, LLC. 808 Saint Paul Street, Baltimore MD 21202. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security they personally recommend to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.