The Federal Reserve has a legal dual mandate to minimize unemployment and price inflation. The current “dual” between the two mandates is to reduce price inflation by increasing interest rates to increase unemployment and kill businesses to choke off aggregate demand....
"Language is the perfect instrument of empire."- Antonio de Nebrija, bishop of Ávila, 1492 The bishop was correct, in his time and ours. Spain proceeded to become the most powerful empire in the world over the following century, spreading her mother tongue across the...
When I interviewed for a teaching job at private college in Alabama more than twenty years ago, the recently elected governor had won partly on a platform in which the state would install a lottery system that would give students a $3,000 grant for college. As the...
Decentralization of power is one of the defining features of the freest societies in the world today. A unitary federal government cannot and should not be attempting to unilaterally impose its will upon millions of people whom it has little to no knowledge of or...
Of course, that is too honest to be a real Karl Marx quote. It is a popular meme that is used to mock the allegedly misguided view of many who oppose socialism. It has been famously paraphrased by prominent socialist, Richard Wolff. “Socialism is when the government...
Washington DC has not excelled in grand strategy; the art and science of cost-effectively employing the diplomatic, economic, and informational powers of the United States in combination with its armed forces to secure its national goals and interests. Most of the...
The UN’s human rights body has accused Israel of the “crime of apartheid,” saying it has established a “regime of systematic racial oppression and discrimination” against Palestinians.
So-called liberal democracies have characterized the West for the past century and are viewed as the pinnacle of political development. So much so that Western elites are firmly convinced that this system of governance should be spread far and wide—be it indirectly...
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