12. War Collectivism in World War I

More than any other single period, World War I was the critical watershed for the American business system.* It was a “war collectivism,” a totally planned economy run largely by big-business interests through the instrumentality of the central government, which served as the model, the precedent, and the inspiration for state-corporate cap

Why a Small State Is More “Voluntary” than a Big One

Because of their physical size, large states are able to exercise more state-like power than geographically smaller states — and thus exercise a greater deal of control over residents. This is because larger states benefit from higher barriers to emigration than smaller states, thus allowing them to avoid one of the most significant barriers to expanding state power: the ability of residents to move away. Moreover, by virtue of the fact that the land area of the earth is more or less fixed, a small number of large states prevents the formation of a large number of small states.

11. Origins of the Welfare State in America

Standard theory views government as functional: a social need arises, and government, semi-automatically, springs up to fill that need. The analogy rests on the market economy: demand gives rise to supply (e.g., a demand for cream cheese will result in a supply of cream cheese on the market).

10. The Progressive Era and the Family

While the “Progressive Era” used to be narrowly designated as the period 1900–1914, historians now realize that the period is really much broader, stretching from the latter decades of the nineteenth century into the early 1920s. The broader period marks an era in which the entire American polity — from economics to urban planning to medicine to social work to the licensing of professions to the ideology of intellectuals — was transformed from a roughly laissez-faire system based on individual rights to one of state planning and control.

GOP Tax Plan Increases the Most Insidious Tax

Last Thursday, congressional Republicans unveiled their tax reform legislation. On the same day, President Trump nominated current Federal Reserve Board Governor Jerome Powell to succeed Janet Yellen as Federal Reserve chair. While the tax plan dominated the headlines, the Powell appointment will have much greater long-term impact. Federal Reserve policies affect every aspect of the economy, including whether the Republican tax plan will produce long-term economic growth.

Don’t Mix Politics and Climate Science

The widely understood libertarian environment has lately published a multitude of very eloquent articles about how to approach the global warming issue, what to think about “established science,” and whether or not to be “agnostic.” Those materials, however well written, fail to see the core of the scientific method — which is again understandable since their authors have been immersed in a different kind of science — that is, social science. The word “agnostic” does not fit in here, however.