Colonialism is the establishment, maintenance, acquisition and expansion of colonies in one territory by people from another territory. It is a process whereby the metropole claims sovereignty over the colony, and the social structure, government, and economics of the colony are changed by colonizers from the metropole. Colonialism is a set of unequal relationships between the metropole and the colony and between the colonists and the indigenous population.

The colonial period was the era from the 1550s to, arguably, the 1990s when several European powers (Spain, Portugal, Britain, and France especially) established colonies in Asia, Africa, and the Americas. At first the countries followed mercantilist policies designed to strengthen the home economy at the expense of rivals, so the colonies were usually allowed to trade only with the mother country. By the mid-19th century, however, the powerful British Empire gave up mercantilism and trade restrictions and introduced the principle of free trade, with few restrictions or tariffs.

Milton Friedman (July 31, 1912 – November 16, 2006) was an American economist, statistician, and author who taught at the University of Chicago for more than three decades. He was a recipient of the Nobel Memorial Prize in Economic Sciences, and is known for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy. As a leader of the Chicago school of economics, he influenced the research agenda of the economics profession. A survey of economists ranked Friedman as the second most popular economist of the twentieth century behind John Maynard Keynes, and The Economist described him as "the most influential economist of the second half of the 20th century…possibly of all of it."

Friedman's challenges to what he later called "naive Keynesian" (as opposed to New Keynesian) theory began with his 1950s reinterpretation of the consumption function, and he became the main advocate opposing activist Keynesian government policies. In the late 1960s he described his own approach (along with all of mainstream economics) as using "Keynesian language and apparatus" yet rejecting its "initial" conclusions. During the 1960s he promoted an alternative macroeconomic policy known as "monetarism". He theorized there existed a "natural" rate of unemployment, and argued that governments could increase employment above this rate (e.g., by increasing aggregate demand) only at the risk of causing inflation to accelerate. He argued that the Phillips curve was not stable and predicted what would come to be known as stagflation. Friedman argued that, given the existence of the Federal Reserve, a constant small expansion of the money supply was the only wise policy.

David Vaughan Icke (pronounced /aɪk/, or IKE, born 29 April 1952) is an English writer and public speaker, best known for his views on what he calls "who and what is really controlling the world." Describing himself as the most controversial speaker in the world, he is the author of 19 books and has attracted a global following that cuts across the political spectrum. His 533-page The Biggest Secret (1999) has been called "the Rosetta Stone for conspiracy junkies."

Icke was a well-known BBC television sports presenter and spokesman for the Green Party, when in 1990 a psychic told him he was a healer who had been placed on Earth for a purpose, and that the spirit world was going to pass messages to him so he could educate others. In March 1991 he held a press conference to announce that he was a "Son of the Godhead" – a phrase he said later the media had misunderstood – and the following month told the BBC's Terry Wogan show that the world would soon be devastated by tidal waves and earthquakes. He said the show changed his life, turning him from a respected household name into someone who was laughed at whenever he appeared in public.