In order to establish the state of the economy, economists employ various theories. Yet what are the criteria for how they decide whether the theory employed is helpful in ascertaining the facts of reality? According to the popular way of thinking, our knowledge of...
In his book "Liberty in Peril," Randall Holcombe challenges the presumption that liberty and democracy are complementary. When I took history and government in school, many critical issues were misrepresented, given short shrift, or even ignored entirely. And those...
Since mid-September 2019, the U.S. Federal Reserve has been fighting to contain a liquidity crisis in the nation’s money markets that was caused in large part by excessive spending by the U.S. government. That surge in spending was prompted by “the worst budget deal...
Introduction December 12, 2019 is the hundred-year anniversary of The Economic Consequences of the Peace by John Maynard Keynes. This work has been described as “one of the most influential books of the twentieth century.”1 It made Keynes the most famous economist in...
Which they take at face value and also to be a horrible, cynical thing to do. Which, if it's at all true, then it probably is for political reasons, but so what? Doesn't that just mean that that's what the American people -- the right even -- want to happen, and that...
US News Fifteen Department of Veterans Affairs employees and vendors of the VA are charged with defrauding the department out of millions of dollars. [Link] The 2020 NDAA includes sanctions against Syria, Iran, and Russia for war crimes in Syria. The sanctions will...
“It is the responsibility of the patriot to protect his country from its government.”—Thomas Paine While Congress subjects the nation to its impeachment-flavored brand of bread-and-circus politics, our civil liberties continue to die a slow, painful death by a...
US News As Chicago and New York police officers cut back on proactive policing, the crime rate fell. [Link] The number of substantiated claims of sexual and personal misconduct in the Army increased over the past year. [Link] At a private fundraising dinner in...
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