The Battle of Shiloh, Part 4: “Tell My Mother I Died Like A Soldier”
Chris Calton recounts the second and final day of the Battle of Shiloh, and the story of the Battle of Fallen Timbers.
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Dear Mr. President, Security Does not Create Development
Even though security might be a necessary condition for development, it is not a sufficient one.
Elizabeth Warren’s New Antitrust Crusade: A New Progressive War on Wealth
Warren and her fellow progressives have the regulatory issue with respect to free markets and public utilities almost precisely backwards.
Discussing MMT Through the Eyes of a Socialist
Bob Murphy and C. Jay Engel discuss Doug Henwood’s recent critique of modern monetary theory in Jacobin magazine.
The Battle of Shiloh, Part 3: The Hornet’s Nest
Chris Calton details the intense fighting at The Battle of Shiloh, where thousands of Union and Confederate soldiers fought in a narrow portion of the battlefield nicknamed "The Hornet's Nest."
Will Democrats Rally Behind a Herman Cain Fed Nomination?
It will be interesting to see how Trump critics handle Mr. Cain. He has the one quality Elizabeth Warren and other Democrats have chosen to focus on when it comes to a Federal Reserve nominee: he isn’t a white guy.
Capital is a Mystery to Alexandria Ocasio-Cortez
While Ocasio-Cortez has a degree in economics, she apparently never learned the lessons stressed by Hernando de Soto in his The Mystery of Capital.
It’s Not a Recession, It’s a “Global Economic Slowdown”
Pundits are hoping that instead of a crisis, we just get a "global economic slowdown." Given the damage done by central banks, a sustained slowdown would be a best-case scenario.
How Countries Fall into the Welfare Trap
Before wealth can be redistributed by the state, it must first be produced. But welfare-state policies end up destroying the very wealth which is necessary for redistribution.
The Apocalypse Has Been Postponed
The radical nature of anti-climate-change measures require promises of a near-total apocalypse in the near future. But the date for the promised disaster keeps getting pushed back.
