China on the Edge of Recession
The last time China hit a recession, in 2008, Beijing dumped massive stimulus into the economy. This time, China's debt — over $50 trillion — has grown to the point it can't afford it.
The last time China hit a recession, in 2008, Beijing dumped massive stimulus into the economy. This time, China's debt — over $50 trillion — has grown to the point it can't afford it.
Despite a recent claim in Reason by Paul Schwennesen that a briefly-successful Ukrainian advance somehow translates into an ultimate Ukraine victory. The hard facts of the war tell us something different.
In the present age of denouncing “colonialism,” we need to better understand what imperialism was and why it came about. David Gordon critiques Joseph Schumpeter‘s account of western imperialism of the 19th and 20th centuries.
The more things change, the more they remain the same. In our present age of inflation, we are reminded of how Diocletian and other Roman authorities ordered price controls and other measures to hold down prices. None of these edicts were successful in bringing down prices.
It is understood that Marx's theories stand entirely upon his Labor Theory of Value. If that theory is discredited, so is the scenario that leads to the inevitable triumph of communism. That fact, however, doesn't stop Marx's disciples from employing other fallacies.
Nearly a quarter century after the 9-11 attacks, Americans still are fed lies about what happened. However, one thing that is obvious is that even though Saudi Arabians were involved in the hijackings, US officials are closer than ever to the Saudi government and its operatives.
Herbert Butterfield, who taught history at Cambridge, had many insights on the sea changes brought about by World War I and the collapse of the Old World Order. The new order that followed, he realized, was not an improvement over what previously existed.
While recent European Parliament elections have raised questions about Ireland’s role in the EU, the truth is that Ireland’s historical role in civilizing Europe reminds us that Ireland is more European than the EU itself.
In fact, all great states in the 20th century have been killer states, to a greater or lesser degree.
Ryan and Tho talk about Zuckerberg's recent letter from Congress, Elon Musk's showdown in Brazil, and the growing global hostility from governments towards free speech.