19. Why Indian Tribal Sovereignty Is Important
During much of 2016, construction of the Dakota Access Pipeline drew a number of lengthy protests stemming from concerns over the impact of the pipeline on the region’s ground water. The pipeline also passed near the Standing Rock Indian Reservation which drew opposition from some members from the Sioux tribe and other tribes. Tribal governments became involved, and as a result, federal regulators became involved also.
17. Before Roe v. Wade, Abortion Policy was a State and Local Matter
Some anti-abortion advocates today imagine that abortion was rare and taboo prior to Roe vs. Wade, the 1973 Supreme Court decision that federalized abortion law.
18. When Immigration Policy Was Decentralized
On nearly all sides of the immigration debate, it is generally assumed today that the federal government in the United States ought to be the final word in immigration policy. Efforts by state governments to enforce or adopt immigration policies of their own are struck down by federal courts. Interest groups repeatedly look to Congress and the White House to hand down national policy on immigration.
When advocates of secession in the United States bring up “national divorce,” a common objection we hear is that secession can’t be allowed because it would make some people worse off. For example, we’re told that if, say, a majority of Floridians voted to secede, that still can’t be allowed because there would still be a minority that opposes secession. We especially hear this in the context of so-called red states—where, presumably, a majority of residents are some sort of conservative or Republican.
Part III: Lessons from America’s Past, and Strategies for the Future
16. How Early Americans Decentralized Military Power
Since the Second World War, the American regime has greatly expanded military spending and military operations far above and beyond what had been the case before the war. Many view this as a positive development, and those who favor an active and interventionist posture for American military affairs have frequently criticized American policy before the war as “isolationist.” More specifically, critics of pre-war policy contend the US lacked the military spending, personnel, and materiel necessary to meet the needs of defense for the United States in an increasingly globalized world.
The largest urban mass-transit systems across the US are entering an all too familiar point in their long history: another looming financial disaster caused by financial mismanagement and the consequences of covid. No urban transit system exemplifies this problem more than the Metropolitan Transportation Authority (MTA) in New York.
It is a great tragedy that many modern military leaders and strategists do not understand economics. If they did, I suspect that there would be a lot less war, a lot less military spending, and a lot less wastefulness. Certainly, there would be greater awareness of the appalling human and economic costs of war in a capitalist age.
Martin George Holmes is a historian with a PhD from the University of Otago, New Zealand.
Over one hundred years ago, Austrian economist Ludwig von Mises discovered what causes the boom-bust business cycle.
As Mises explained, the boom is caused by central and commercial banks creating money out of thin air. This lowers interest rates, which encourages businesses to borrow this newly created money to fund capital-intensive investment projects.