Is NATO a Dead Man Walking?

While geopolitical commentators are fixated on Russia’s border with Ukraine, a more interesting development is slowly boiling underneath the surface of the Russo-Ukrainian conflict that could potentially reorder international relations—namely, the death of the North Atlantic Treaty Organization (NATO).

Lord Acton on Slavery and the War between the States

Lord Acton was one of the greatest classical liberal historians of the nineteenth century, but his view of the War between the States has in some circles occasioned dismay. Acton, in a letter of 1866 to Robert E. Lee, said, “I deemed that you were fighting the battles of our liberty, our progress, and our civilization; and I mourn for the stake which was lost at Richmond more deeply than I rejoice over that which was saved at Waterloo.

The New Antieconomics

Economics is about human action and choice within the context of scarcity. The problem facing economists is how to understand and explain human betterment, which is another way of saying production. The critical question, posed correctly by economist Per Bylund, starts with scarcity as the default point for understanding purposive human behavior.