Archive for April, 2010

In favor of war

Tuesday, April 6th, 2010

Bryan Caplan argues for avoiding war.  But bad people are always willing to fight.  If good people are not willing to fight, they will surrender in a succession of small steps, and bad people will rule.  Without England declaring war, the Nazis would have ruled by 1942.  Without Reagan encouraging a multitude of small wars, the communists would have ruled by 1990 (more…)

Capital Controls

Monday, April 5th, 2010

Capital controls are characteristic of third world dictatorships teetering on the edge of bankruptcy.  And now America has capital controls.

How much ruin in a nation?

Thursday, April 1st, 2010

On the one hand, there is a lot of ruin in a nation. On the other hand, that which cannot continue, will stop. The present level of government spending is unsustainable.

At what point then, do we get general collapse? (more…)