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In the standard U.S. history course in high schools and universities, students are usually taught that until the Spanish-American War, the United States had followed for the most part the advice of Washington and Jefferson to steer clear of foreign entanglements. Americans had devoted themselves overwhelmingly to building their civilization here at home, whereas...
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The European Union, started as a free trade zone for Europe, is moving toward a comprehensive European government—a United States of Europe—in small steps. Europeans rejected a European Constitution in 2005, indicating their reluctance to give up their national sovereignty to the EU, but little by little, that is what is happening. Currently, the...
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Last week the 11th Circuit Court of Appeals struck down the individual mandate of the ObamaCare law. In tackling the issue, the court framed the question as follows: ”Whether the federal government can issue a mandate that Americans purchase and maintain health insurance from a private company for the entirety of their lives.” The...
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Coverage of the recent financial crisis has been rife with errors of fact and interpretation. Crisis Economics, by Nouriel Roubini and Stephen Mihm, belongs in a special category. The book weaves together underappreciated truths and common falsehoods and does so in ways that relatively few scholars can easily untangle, as Independent Institute Research Fellow...
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