By Robert Higgs | Tuesday September 1, 2009 at 6:09 PM PDT | 67 Comments
September 1, 1939—exactly seventy years ago today—is customarily considered the day when World War II began, owing to the German invasion of Poland. Of course, some belligerents, most notably the Japanese and the Chinese, had already been at war for years, and others did not join the fray until later. The United States actually began...
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Tags: American History, Books, China, Europe, Fascism, Germany, Great Depression, Japan, Military, Politics, Russia, The State, War
By Randall Holcombe | Monday August 31, 2009 at 10:30 AM PDT | 5 Comments
Japan’s historic election Sunday gave the Democratic Party an overwhelming victory over the Liberal Democrats that have dominated Japan’s government for 55 years. The Liberal Democrats oversaw Japan’s industrial policy that supported Japan’s dominant firms during Japan’s rise as a major economic power during the 1960s, 70s, and 80s. Indeed, many American economists argued...
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Tags: Budget and Tax Policy, Business, Economics, Elections, Free Market, Government subsidies, Japan, Politics, Regulation, The State