U.S. History

Robert Kagan believes that the US takeover of the Philippines was justified to "protect" that nation from predatory European powers. David Gordon emphatically dissents.

It's a myth that the "Founding Fathers" made America a republic in 1787. It was the state governments and their constitutions that did this. But the top-down myth glorifying the central government endures. 

Americans often have defended the atomic bombings of Hiroshima and Nagasaki as regrettable but necessary for ending World War II. The actual record tells us a much different story.

A shift from full-time-driven employment to part-time-driven employment is usually an indicator of a coming recession. That shift happened in January's jobs numbers. 

The FOMC's publicly stated predictions of its own future behavior are essentially useless as accurate predictors of future events. This has been illustrated over and over. 

What at first seem like gifts from the state (handouts for some at the expense of others) lead to unfortunate events that cannot be stopped once begun.

Fiat money is the fuel of the modern Leviathan state. If we wish to have freedom, we must have sound money.

The Fed is insolvent, and that means that it will bail itself out by printing money. For ordinary people, that means inflation and a rising cost of living. 

The Federal Reserve is no more "private" than the Environmental Protection Agency, and through its special government status, the Fed inflicts many economic crimes on regular people. 

Americans often have defended the atomic bombings of Hiroshima and Nagasaki as regrettable but necessary for ending World War II. The actual record tells us a much different story.