This is the introduction page to a desktop published book of my writing over 50 collected letters to the editor and Compass articles published in the Anchorage Daily News and Anchorage Times newspapers.

In 1971, it became clear that the Bretton Woods monetary agreements negotiated in 1944 had collapsed.  As the remaining structures of the Bretton Woods System stumbled from crises to crises the debt was papered over each time, providing the illusion of economic recovery.  This recovery was based on the exploding of both public and private debt that was viewed as an expansion in economic growth.  The reality is that interest rates continue to exceed the average rate of profit on the production of physical goods, thus causing a debt-pyramid that is expanding at increasing rates.  How many times can we paper over this debt? Will the decline of real physical wealth caused by this debt-pyramiding destroy Western Civilization and lead us into a new Dark Age?

In 1984, in Washington D.C., I pledged with hundreds like me to commit my life to the establishment of a new monetary system based on the promotion of high rates of technological progress in developing the productive powers, conditions of life, and culture of populations.  The science policy that I designed for Alaska was created as an essential feature of this commitment and is one facet of a much larger science policy developed by Executive Intelligence Research Inc.

This science policy represents a modern application of the ideas expressed in Alexander Hamilton’s 1791 “On the Subject of Manufacturers,” thus, it is correctly identified as an American System science policy.  I have also adapted Alexander Hamilton’s “Federalist Papers” method by utilizing the “Letters to the Editor” section of the newspaper as the most efficient vector for influencing public policy.

The following pages represent an incomplete chronological history of my attempt to give Alaska the physical means necessary to fully participate in an American System monetary reform.  I would change the wording in a few of the articles I have published in the past, but now I let them stand as part of the historical record.

Since I began my campaign, the Alaska Science and Engineering Advisory Commission and the Alaska Science and Technology Foundation have been created.  The question facing us now is whether this bureaucracy will become another endless paper-shuffle that prevents physical development, or will they adopt a science policy that is based on understanding the physics equations whereby science and technology causes increases in an economy’s potential rate of growth.  More importantly, will they understand the strategic significance of goal setting as a method of reforming monetary policy.

I hope that after reading this manuscript you realize the long-term importance of making plasma reactor design the central priority of Alaska’s science policy.  The third phase of my science policy, participating in space exploration and colonization, is the final link toward developing an army of public support for this program.  This third phase is what will be the catalyst for tapping the essence of Western Civilization, thus leading a clear path toward the fundamental direction in which our society will proceed.

Charles E. Duncan