Tag: Elihu Root

The Civilian and the Military: Foreword by Ralph Raico »

The following is the Foreword to the Independent Institute’s new printing of The Civilian and the Military: A History of the American Antimilitarist Tradition, by Arthur A. Ekirch, Jr. See also Anthony Gregory’s review on The Beacon. In 1783 a treaty ending hostilities between Great Britain and its rebellious colonies along the eastern seaboard...
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The Reckless Federal Reserve, Bernard Madoff and Elihu Root: Lessons for Today »

The Federal Reserve has now moved to escalate even further its inflationary jihad in a vain and highly dangerous attempt to “stimulate” the economy. As reported in the New York Times: The Federal Reserve entered a new era on Tuesday, lowering its benchmark interest rate virtually to zero and declaring that it would now...
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