The great Austrian economist Ludwig von Mises pointed out that one government intervention inevitably produces a crisis, which then causes government officials to enact a new intervention to address the crisis. The new intervention, however, produces a new crisis,...
This day commemorates both Veterans Day in the US and Armistice Day abroad, marking the end of the First World War, on the 11th hour of the 11th day of the 1918. This year of 2014 is particularly poignant as it also commemorates the 100th anniversary of the beginning...
With the recent US election ensuring continued Congressional support for an interventionist foreign policy, President Obama has embarked on a foreign spending spree. First the president announced that US troop levels in Iraq would double to more than 3,000 – and that...