In point of fact, terms like "dove" and "hawk" have little substantive meaning when applied to the Federal Reserve. Robert McTeer's unrelenting inflationism is considered dovish, while Laurence Mayer is labeled a complete hawk on TheStreet.com's Fed Scorecard, despite the fact that he has yet to cast a dissenting vote!
Abraham Lincoln is incorrectly remembered as a restorer of liberty, while Prussian autocrat Otto von Bismarck is generally seen as a ruthless dictator, eager to sacrifice men to his policy of deciding the future of his countrymen "by blood and iron." Contrary to this view, Adam Young explains why both men should be viewed as allied together in the common cause of destroying the principles of classical liberalism.
As the war on terror drags on, many people calling themselves libertarians have decided that it's not such a bad thing after all. What, they ask, is the point of government if not to bomb those who would threaten our safety? The trouble is that real life works a little differently from the civics-text ideal of government. Government uses war—and sometimes foments it—in order to expand its power over its own people or to expand its imperial power.
Based on the record of deceit documented by Robert Caro in his book The Years of Lyndon Johnson: Master of the Senate, Lyndon Baines Johnson was an evil man even before his disastrous presidency--a presidency in which he and his minions misled Americans into the Vietnam War, a presidency that nearly caused a civil war in this country.
Foreign policy from Truman to the Reagan exacted a huge toll on American prosperity, diverting resources and expanding the government's grip on national life, writes Karen De Coster. A new book by Derek Leebaert sizes up the actual price that we paid for granting government military planners and their connected industries a blank check.
The modern state, by its very nature, is incompetent, self-serving, mendacious, unresponsive, irresponsible, provocative, bellicose, and deadly. Above all, it is unaccountable. Just ask yourself what would happen to a private security firm that permitted a September 11 kind of disaster, even without foreknowledge. Let's just say it wouldn’t get a raise.
The costs that the "War on Drugs" imposes upon people cannot be underestimated. We bear the costs of building and maintaining prisons, and the burdens of creating vast new classes of people who are called criminals because they have engaged in mutually agreeable exchanges with other people.
In his first inaugural address, Lincoln said he had no intention of disturbing slavery, and he appealed to all his past speeches to any who may have doubted him. But with the tariff it was different, notes Thomas DiLorenzo. Lincoln was willing to launch an invasion that would ultimately cost the lives of 620,000 Americans to prove his point.
Mark Thornton shows that George Lucas is taking bits and pieces of our own historical experience to retell a battle between good and evil that also touches on themes in political economy, particularly the choice between self-determination (essential to freedom) and imperialism (linked to war and state expansion).
The most accurate description of the twentieth century is "The War and Welfare Century." This century was the bloodiest in all history. More than 170 million people were killed by governments with ten million being killed in World War I and fifty million killed in World War II.
