World History

Churchill was from first to last a Man of the State, of the welfare state and of the warfare state. Churchill never had a principle he did not in the end betray.

OPEC is not irrelevant, but the fact is that rising oil prices are more a function of monetary inflation and government efforts to stifle the oil industry.

If we wish to gain insight into the essence of nationality, we must proceed not from the nation but from the individual. What is the national aspect of the individual person and what determines his belonging to a nation?

When the State faces high costs of colonizing land, it may allow anarchic settlement, then appropriate it. Two cases of Russian religious sects demonstrate this.

In an economy where the ruling party controls enormous portions of the economy, attempts to redistribute some of that state-owned wealth isn't necessarily a move against the private sector.

Ideas matter, but they matter when and because they are put into practice. We're seeing rising romanticism around central planning so we're going to have to refight the socialist calculation debate all over again.

It never ends well: to clean up mountains of bad debts, the Chinese regime has employed debt-for-equity schemes that could leave countless ordinary investors in deep trouble.

In an economy where the ruling party controls enormous portions of the economy, attempts to redistribute some of that state-owned wealth isn't necessarily a move against the private sector.

Thanks to capital accumulation and other innovations in the West, life expectancy grew beyond anything previously imagined. The benefits spread from there.

Thanks to capital accumulation and other innovations in the West, life expectancy grew beyond anything previously imagined. The benefits spread from there.