Some 72 years ago this month, the United States dropped atomic bombs on Hiroshima and Nagasaki, Japan. An estimated 60,000 to 80,000 people were killed instantly in Hiroshima and another 40,000 were immediately killed when Nagasaki was bombed. In the coming days, weeks, months, and years, thousands more would die as a result of...
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In one of my recent blog posts, I discussed the work of NYU economist William Easterly. In particular, I noted how his work on the pitfalls of modern economic development planning bear a striking resemblance to the work and ideas of F. A. Hayek and James M. Buchanan. Easterly makes a distinction between “planners”...
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Sixty-nine years ago, Japanese forces attacked the U.S. naval base at Pearl Harbor, Hawaii, provoking the United States to declare war against Japan. When Japan’s ally Germany declared war on the United States on December 11, 1941, the United States immediately reciprocated. These actions brought the United States into open warfare against the Axis powers and...
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