Will Central Bankers Become Central Planners?
To the extent that government agencies own a portion of the stock market they are engaged in central planning.
To the extent that government agencies own a portion of the stock market they are engaged in central planning.
This power to create money is what gives the president the chutzpah to go to war without seeking full financing or even much in the way of permission from Congress.
Morality knows nothing of geographical boundaries, or distinctions of race.
There will be no more important bilateral relationship over the next century than that between the United States and China. Much depends on the ability of the two nations to overcome cultural and political differences to cooperate peacefully. The first step in doing so is for America not to go to Asia in search of enemies to combat.
Similarly, we can confidently predict the future of US-run socialist planning in Iraq. There will be billions more spent, and hundreds of projects in operation. The majority will not amount to anything.
John Mueller asks a question that, if answered reasonably, undermines the basis of current American foreign policy. We are constantly assured that we face a threat from terrorists.
Marc Trachtenberg's guidebook is intended as a "how-to" book for students of diplomatic history and political science. But much of it is of great value to anyone interested in a revisionist brand of history.
Noah Feldman is without doubt a person of great intelligence. Still in his thirties, he is already a professor at New York University Law School, and he moves with ease throughout the literature of economics,
When can you respond to force? The four response positions range from “never” to “impose by force some further penalty on them”. A person’s capacity must be considered. Compensation instead of punishment is generally a libertarian society’s choice.