Politics
Precedents for sovereign default exist, but they are double-edged.
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Totalitarian societies do not become that way overnight. There are recognizable signs and stages which show how a society slides into that abyss.
For the past month, Americans have been wondering whether President Trump will attack Iran, or whether the massive military build-up in the Middle East...
A bad end is most likely though even in the best case scenario of AI increasing living standards. The build-up of asset inflation malinvestment...
Precedents for sovereign default exist, but they are double-edged.
Through the most bloody war in American history to date, Lincoln unleashed an inchoate “secret constitution” that began to bring the US into closer...
Christopher Chantrill: Most every corrupt government program begins as a moral crusade and ends up as a spoils system: Social Security, Medicare, Obamacare, etc.
Federal workers are a powerful lobby in Washington, and taxpayers pay for federal bureaucrats’ wages inflated through federal laws favoring federal unions.
President Trump is planning to appoint a two-star US general to lead the international force that may be deployed to Gaza under the US...
Data shows that the marriage rate and the homeownership rate have been closely connected for decades. Historically, more marriage means more home buying, but...
David Beito’s new biography on Franklin D. Roosevelt is not the hagiographic nonsense that has dominated the US history profession. That is a good...
Inflation does more than just force up prices. It destroys the wealth-producing process, especially with young people who are prevented from acquiring the same...
As Congress scrambles to extend emergency subsidies to keep Obamacare afloat, it can be tempting to view the bill that made healthcare less affordable...