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...
So more big Fed cash floods into the market? Back during QE2 you had partisan hack Krugman rationalizing it all (though QE had little to do with his Keynesian philosophy). Guys like Bob Murphy were saying, "Yep, this is it, get ready for the inflation." And then it...
US News The 2020 NDAA establishes a civilian ROTC. The program will train people for future jobs at the Department of Defense. [Link] The US tells the UN that it is willing to be more flexible in talks with North Korea. [Link] The US will suspend operational trainings...
I suppose that by now everyone has heard of Trump’s offer to send the American military to “wage WAR on the drug cartels and wipe them off the face of the earth,” which he asserts can be done “quickly and effectively. “ Trump phrased this as an offer to help, not a...
Last week’s resignation of Prime Minister Adil Abdul-Mahdi didn’t take anyone by surprise in Iraq, least of all parliament. Officials say that talks on his replacement had already begun days before he resigned, and are now actively going on in earnest. Which isn’t to...
For days on end we've had to read the headlines about the unfortunate persecution of our thin blue heroes by the evil tyrant teenagers of Starbucks Inc. Oh, woe is them. The poor little guys. But now, from the New York Post: The Oklahoma police chief who blasted...
The popularity of inflation and credit expansion, the ultimate source of the repeated attempts to render people prosperous by credit expansion, and thus the cause of the cyclical fluctuations of business, manifests itself clearly in the customary terminology. The boom...
Arlington, Va.—If the government needs to destroy your home to build a freeway or a school, the Constitution entitles you to just compensation. But what if the government needs to destroy your home for some other reason—say, to capture a fugitive who has randomly...
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