“The desire of gold is not for gold. It is for the means of freedom and benefit.” — Ralph Waldo Emerson
The impact of cryptocurrency on libertarianism has been profound, especially among the younger generation. To many, the appeal is ...
If a government wishes to alleviate, rather than aggravate, a depression, its only valid course is laissez-faire—to leave the economy alone. Only if there is no interference, direct or threatened, with prices, wage rates and business liquidation, will the ...
Prairie Fires: The American Dreams of Laura Ingalls Wilder by Caroline Fraser (Metropolitan Books, 2017); 625 pages.
Prairie Fires: The American Dreams of Laura Ingalls Wilder, by Caroline Fraser, is one of the finest biographies I ...
The Marshall Plan is more than a historical event — it has become a modern myth. As such, it may be mostly true or mostly false, but it exercises a powerful hold over reality. And the perceived success of ...
When a state officially declares war on another state, it unofficially declares war on a second front: domestic dissidents. The dynamics of the latter can be seen by tracking one of the most powerful phenomena of the last century: ...
The American socialist Ed Sard is reported to have originated the concept of a “permanent arms economy” as a way to explain why America experienced a post–World War II boom, while World War I had been followed by recession. ...
The Roman Empire never doubted that it was the defender of civilization. Its good intentions were peace, law and order. The Spanish Empire added salvation. The British Empire added the noble myth of the white man’s burden. We have ...
Adam Smith’s book The Theory of Moral Sentiments offers a path through a dangerous social quagmire. Namely, the law increasingly demands that peaceful acts conform to a specific state-approved morality. The process turns morality into a matter of state ...
We have crossed the boundary that lies between Republic and Empire. If you ask when, the answer is that you cannot make a single stroke between day and night. The precise moment does not matter. There was no painted ...
Every political issue can be analyzed or argued on at least six levels. The levels are usually conflated, but they should be addressed separately even when there is overlap. Otherwise, confusion rather than clarity results. Indeed, sometimes ...
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