Before following Davidson and Rees-Mogg into cyberspace, however, the reader should consider how ideological convictions shape this vision of the future. The argument is original, and the details reflect serious thought about the social implications of emerging technology. In a decentralized environment talented individuals will act unimpeded by external authority indeed, they will hardly need to interact with other human beings. The growing ease of transferring assets electronically across state borders will preclude taxation (a constant source of bitter complaint in this volume), and consequently, states will cease to exist. Davidson and Rees-Mogg (The Great Reckoning, 1991, etc.) predict that the ``nanny state'' of the Industrial Age is about to be replaced by ``Sovereign Individuals'' in the Information Age. In February 2010 he posted a video on the website claiming that 'supposed improvements' in the US economy during the Clinton administration were 'faked by the government' and a 'hoax.In this combination of sweeping metahistory and myopic self- interest some statements are penetrating, others appalling, and all are astonishing. Foster's death was deemed a suicide by five official or governmental investigations.ĭavidson is an original investor and board member of the far-right news site Newsmax Media. In his books and his monthly newsletter, Strategic Investment, Davidson has promoted conspiracy theories claimed to link the Clinton administration to the death of Deputy White House Counsel Vince Foster. On his website, Davidson claims to be a 'famous economist', despite the fact that he has not received any university degree in economics or published in any peer-reviewed journal. subprime mortgage crisis, though much earlier than it actually occurred.ĭavidson was the founder and former head of the National Taxpayers Union. He has been credited with predicting the U.S. He further wrote in the book that Boris Yeltsin, President of the Russian Federation, would lose his job and that Russia will come under the control of a nationalist, militarist regime. He wrote The Plague of the Black Debt - How to Survive the Coming Depression in 1993 in which he predicted that as part of a 'deep depression.Clinton is going to be a one-term president.I am as sure of this as I am that the sun will rise tomorrow' and that the US national debt would increase by a trillion dollars during Clinton's 'one-term' presidency. James Dale Davidson is an American private investor and investment writer, co-writer of the newsletter Strategic Investment, and co-author with William Rees-Mogg of Blood in the Streets: Investment Profits in a World Gone Mad (1987), The Great Reckoning (1991), and The Sovereign Individual (1997).

Rees mogg the sovereign individual