Prosperity vs. Peace
Collectivism and interventionism emphasize the importance of national boundaries.
Collectivism and interventionism emphasize the importance of national boundaries.
"But if peace meant disaster to the company, it also taught it an important lesson. A company that manufactured more rifles than it could sell to hunters, or to its own government, must seek foreign business."
She seems to me dubiously to assimilate international law to domestic law.Scarry has in any case given us in her excellent and provocative book an indictment of recent American policy difficult to answer.
"The financial burdens of hegemony are difficult to overestimate. "
"Soon the women who stood in the pallid queues before shops spoke more about their children's hunger than about the death of their husbands."
The constitutional arrangement is far from perfect. But, at least if its provisions are obeyed, there is a barrier imposed on arbitrary and secret rule by one person.
From Part I of A History of Money and Banking in the United States: The Colonial Era to World War II: “The History of Money and Bank
From Part I of A History of Money and Banking in the United States: The Colonial Era to World War II: “The History of Money and Bank
Recorded from The Mises Circle in Phoenix, Arizona, April 10th, 2010. Sponsored by James M. Rodney.