The Monetary Problems of the United States: an Interview with Edwin Vieira

Edwin Vieira, Jr., is IAI’s Distinguished Senior Fellow in Jurisprudence and Constitutional and Monetary Law. He holds four degrees from Harvard: A.B. (Harvard College), A.M. and Ph.D. (Harvard Graduate School of Arts and Sciences), and J.D. (Harvard Law School). He has written numerous monographs and articles in scholarly journals, and lectured throughout the county. His latest scholarly works are Pieces of Eight: The Monetary Powers and Disabilities of the United States Constitution (2d rev. ed. 2002), a comprehensive study of American monetary law and history viewed from a constitutional perspective, and How to Dethrone the Imperial Judiciary (2004), a study of the problems of irresponsible “judicial supremacy”, and how to deal with them..

In this interview with James Turk from Gold Money Foundation, Edwin talks about how his book came to be and the new editions. He explains the role that the gold commission hearings and Ron Paul played. He also says how important and urgent monetary reform is for the United States and how the best chance of reform comes at the state level.

James and Edwin discuss constitutional money in the USA and the authority of states to use gold and silver as legal tender, as well as legal precedent from the Supreme Court. Edwin talks about how several states are contemplating legislation to allow gold and silver as alternative currencies.

He also explains the Treasury’s legal obligation to maintain parity between all forms of US currency, about Roosevelt’s gold seizure, the gold reserve act and the abolition of the gold clause. They talk about the need for insurance against a currency collapse and how alternative currencies could play that role. They discuss the stark choice that follows a currency collapse: How the US reacted after the collapse of the Continental Dollar by enshrining sound money in the Constitution vs. how Weimar Germany drifted into fascism.

Edwin explains how States have the legal duty and authority to carry out monetary reform and given the deadlock in Washington must take the initiative to prepare for the coming crisis. Edwin and James stress the need for a rational currency system which allows for economic calculation, and decry the current fiat, politically driven, irrational monetary system as incompatible with a free market and a focus of financial instability.

They both talk about the current lack of financial education, they liken the alternative currency initiatives by State legislatures to building lifeboats for the Titanic that is the US Dollar and talk about the different things that can be done to prepare for its impending sinking. They also return to the Continental Dollar and how America’s founding fathers were able to learn from their mistakes by enshrining sound money in the Constitution and how with today’s technology we could do even better.

The Two Basic Laws of Science, Religion, & Rationality

The fundamental laws of rationality are also the fundamental laws of the Biblical worldview.


The two laws of Non-Contradiction & Sufficient Cause (sometimes misleadingly call the law of Sufficient Reason) are the rock bottom foundation of logical and empirical evidence.  It was the unique combination of those two laws during the late middle ages which led to first a freemarket of ideas which then led to the rise of science.


The Law of Non-Contradiction states that “nothing can both be and not be at the same time, place, and respect.”  A light can be red at one moment and green or yellow at another moment, but it cannot be both red and green at the same time and place.  The color is the “respect” in this case.

This is the fundamental law of the Cosmological Argument for God (see Personality, Empiricism, & God)  God is the differentiator between the possible and the existing.  He who Is absolutely gives existence to that which is contingently.  So the difference between being and non-being, between existence and non-existence, must be clear and precise.  The very nature of God as Creator ex-nihilo itself ensures that.   Only so can the cosmos be rational, thus providing a basis for science.

Sufficient Cause

The law of sufficient cause states that every event must have a sufficient cause, that is, the law of nature, given by God, specifies that the cosmos is rational, not random chance and thus unpredictable.  The “sufficiency” is rationally set by natural law as given by God.  No one would think that a large dump truck being overturned and smashed could be caused by a 3-year old riding carelessly on his tricycle.  The alleged cause would not measure up to the effect.

It was often first called the law of sufficient reason because Western philosophy was dominated by the rationalist oriented Greek philosophical tradition.  Abstractions (such as reason) were treated as though they could cause events.  But the principle of sufficient reason tended to spurn the empirical world and to exalt the logical, intellectual world as the more real than the physical world.  That error was a major hangup in the development of Western philosophy and science (see Nancy Pearcey’s Total Truth.  It is the sufficient cause, not sufficient reason, which gives the empirical world its rational character.

The Hebrew focus on the empirical world of time and space, insisting that God Himself quite naturally and easily invested Himself in that world of His own creating, was for centuries in Christian thinking overshadowed by that Hellenic preference for the logical and abstract as the more real — as with Plato’s Ideas.  So, despite the Biblical influence, the empirical world for centuries got short shrift.

But that began to change in the late Middle Ages when there developed the floating free-market of ideas, which then was institutionalized into the great universities of Europe, at Oxford, Cambridge, Paris, Rome, etc.  From those universities developed Western science.  The budding scientists threw off the Hellenic/pagan worldview but kept the Greek tools of abstract reasoning, importing those tools into the Biblical worldview of the particular, personal, temporal, spatial, and material.

For the first time in human history, there was a sophisticated intellectual mechanism for studying the world in which human relationships took place, planned by God for the Kingdom.  Those Greek tools of the intellect, it is beginning to be discovered, work far better in the Biblical worldview than in the pagan/secular worldview.

But Christians lost the initiative, early on rejecting reason, and pitting it against revelation.  Other than using force to convert people, that was the worst mistake the Church of God ever made.  The anti-intellectual (and unBiblical) stance aided and abetted the rise of secularism and rejection of Biblical faith.

Christians are beginning to discover the power of science for explaining, not trashing, the Biblical view.  The 21st century thus bids fair (if we do not first self-destruct) to be a powerful renewal of Biblical civilization.  The wedding of reason to revelation creates the Biblical 2-edged Sword of the Spirit, an invincible weapon — reason and revelation welded back to back.

Both fundamental laws of rational thinking are foundational to the Biblical worldview.

Dr. Earle FoxDr. Earle Fox is IAI’s Senior Fellow in Philosophy of Science and the Worldview of Ethical Monotheism.

This article was oiginally published at See also Dr. Fox’s new Book Abortion, the Bible and America.

The opinions published here are those of the writer and are not necessarily endorsed by the Institute.

The Don’t Ask, Don’t Tell Repeal Act

Read below Dr. Herbert Titus’ essay on the Don’t Ask, Don’t Tell Repeal Act, originally published in the William and Mary Journal of Women and Law, Volume 18, Issue 1.

Herbert W. TitusDr. Herbert Titus is IAI’s Distinguished Senior Fellow in Constitutional Law, Jurisprudence, and Public Policy.

This article was oiginally published in the William and Mary Journal of Women and Law.

The opinions published here are those of the writer and are not necessarily endorsed by the Institute.

CULTURAL MARXISM: The Corruption of America

A love affair with collectivist ideologies has lead to ever bigger government and the welfare-warfare state. Lead by a Marxist splinter group called the “Frankfurt School” –“the long march through the institutions” has infiltrated every corner of Western culture to corrupt traditional Christian values with “political correctness,” another name for “cultural Marxism.”

A James Jaeger Film featuring RON PAUL, Congressman/Presidential Candidate; PAT BUCHANAN, Author/Political Analyst; G. EDWARD GRIFFIN, Author/Producer; EDWIN VIEIRA, Author/Constitutional Attorney/Distinguished Senior Fellow at the Inter-American Institute and TED BAEHR, Founder of MovieGuide and Christian Film & TV Commission and Distinguished Senior Fellow at the Inter-American Institute.

The ultimate goal of cultural Marxism is to first destroy American free-enterprise capitalism by undermining its economic engine, the Middle Class and this will lead to the destruction of the basic building block of society: the Family Unit.

Original Intent — A Documentary Movie About the American Constitution

A James Jaeger film, ORIGINAL INTENT, features Ron Paul, Pat Buchanan, G. Edward Griffin, and the Distinguished Senior Fellows at the Inter-American Institute for Philosophy, Government, and Social Thought,  Edwin Vieira and Ted Baehr. The term, “original intent” refers to what the Founders meant at the time they wrote the U.S. Constitution, not some “living” interpretation that merely caters to the political whims of the day. Unfortunately, influences, such as Cultural Marxism and Corporate Fascism, have influenced the Democratic and Republican parties so much, the Founders’ original intent has been seriously compromised. As a result, the republic guaranteed by the Constitution has wandered down a road towards insolvency, immorality and totalitarianism. ORIGINAL INTENT explores how this has happened and offers solutions that Americans, no matter what party affiliation, can apply to restore a nation of values, general welfare, and leadership by example.


Dr. Judith Reisman: Porn, Addiction, and the Impact on Youth, Women and Families

Dr. Reisman talks about how Alfred Kinsey and Hugh Heffner contributed to the creation of the porn addiction and its devastating impact on minds, souls, families, and society. See the lecture below.

The USA and the New World Order: A Debate Between Olavo de Carvalho and Aleksandr Dugin, the Brains Behind the New Russian Geopolitical Strategy

The Debaters: Olavo de Carvalho and Aleksandr Dugin

On March 7, 2011, Olavo de Carvalho, President of the Inter-American Institute for Philosophy, Government, and Social Thought, and Aleksandr Dugin, leader of the International Eurasian Movement, started a written debate on the topic “The USA and the New World Order.” The debate ended on May 9, 2011. Professor de Carvalho is a philosopher currently residing in the United States who has authored more than a dozen books and has been teaching an online philosophy course to more than 2,000 international students since 2008. His book Aristotle in a New Perspective (1996) has been acclaimed as a highly original contribution to the understanding of the Greek philosopher. Dugin is Vladimir Putin’s geopolitical strategist, leading organizer of the Eurasian Movement and considered the most influential Russian thinker of the post-Soviet era. His book, The Foundations of Geopolitics: The Geopolitical Future of Russia (1997) has had a large influence on Russian military and foreign policy elites and has been adopted as a textbook in the General Staff Academy of the Armed Forces of the Russian Federation.

The Structure of the Debate

In the first segment, both participants respond to the following question: “What are the historical, political, ideological and economic factors and actors that now define the dynamics and configuration of power in the world, and what is the U.S. position in what is known as New World Order?”

In the second, Aleksandr Dugin replies to the answer Olavo de Carvalho offered to the question posed by the organizers of the debate, and Olavo de Carvalho responds to Aleksandr Dugin’s reply. Next, in the third segment, Dugin examines and addresses de Carvalho’s response, and de Carvalho’s, in turn, examines and deals with Dugin’s examination.

Finally, the debate ends with each thinker offering his closing statements.


Read below the entire debate between Olavo de Carvalho and Aleksandr Dugin on the the topic of USA and the New World Order in a single PDF file.


Check Out Our New Page on Facebook

Our organization now has a freshly created Facebook page featuring commentary, videos, news, and events. Please give us a “like” and share our link with your friends. Here is the link for our page: