World War I—The Great Banker Bailout
US entry into WWI assured a decisive Allied victory, but it also assured a victory for politically-connected US bankers who used the new Federal Reserve System to send newly-printed money to the Allies.
US entry into WWI assured a decisive Allied victory, but it also assured a victory for politically-connected US bankers who used the new Federal Reserve System to send newly-printed money to the Allies.
Modern “antiracist” historians have pursued the myth that the virtuous North engaged in warfare with the South in order to free slaves and end chattel slavery. The historical record, however, tells a much different story.
While US historians tend to tell the simple, good-versus-evil story of the creation and implementation of the Thirteenth Amendment abolishing slavery, revisionist historians see a series of complex events in which the political agenda of Radical Republicans dominated the South.
Most editorialists and pundits have labeled Jimmy Carter's presidency a failure, but his activities after he left office as a rousing success. The truth is that his successful deregulation efforts have left a positive and lasting legacy.
Libertarians generally agree that slavery violates libertarian principles, but how does one deal with the aftermath of abolition? How best to justly compensate former slaves for what was taken from them by slaveowners? Wanjiru Njoya examines some libertarian alternatives.
Social critics often tell us that capitalism is contrary to the true meaning of Christmas. In truth, markets and entrepreneurs work to make Christmas more joyous and comfortable.
Modern historians tend to view the post-Civil War Reconstruction period as a time when the victorious northern states attempted to bring law and order to the South. However, by establishing a de facto police state, the North further poisoned relationships between whites and freed slaves.
The Cultural Revolution continues apace in this country and it is aimed at all of the old Confederate symbols from statues to the Confederate Battle Flag. With leftist progressives there can be no discussion. Any symbol from the South equates to racism and nothing else.
Ralph Raico presents the fundamental political problem of the twentieth century, which remains our fundamental political problem today: How can war—given its appalling destruction—be avoided?