The Coming Bankruptcy of the American Empire

The chickens are coming home to roost. It’s only a question of when.

Herbert Stein was chair of the Council of Economic Advisors under Presidents Richard Nixon and Gerald Ford and is the father of the more well known Ben Stein. In 1976, he propounded what he called “Stein’s Law”: if something cannot go on forever, it will stop. Stein was referring to economic trends, but the same law applies just as much to foreign policy and the concept of empire.

Hunter DeRensis is an editorial assistant at The American Conservative. 

Record European Skyscraper

A new record breaking skyscraper for Europe has been completed as the tallest skyscraper in Europe. Under construction for six years, the 87 story building (Lakhta Center) in St. Petersburg will become the headquarters of Russia’s natural gas giant and its oil subsidiary, Gazprom. The building will not be finished on the interior and open to the public until next year.

This sets the stage for the Skyscraper Curse.

Let’s Defend Capitalism

The World is locked today in a fierce war of ideologies, in some ways strangely resembling the wars of religion in the Middle Ages. The doctrinal points at issue in those wars have become unintelligible to most of us today, and there are some equally strange paradoxes in the present ideological war.