History Repeating

Central Planning Ignores the Needs of Women

"An American visiting the Communist Bloc in the 1980s would be aghast to find most women still doing laundry the way they had in the United States 50 years prior, without washing machines. The communist system didn’t produce machines to make women’s lives easier for the same reason it neglected their other needs and wants. For all the complaints about the profit motive, markets incentivize people to satisfy each other’s preferences through voluntary exchange, while state-run economies provide no such incentive. There is no shortage of soaring communist rhetoric on gender equality, but that cannot make up for the pervasive and sexist shortages under central planning."

Continue ReadingCentral Planning Ignores the Needs of Women

A War On Opioids Is A War On Suffering People

"Appointing an Opioid Czar and strictly restricting access to said drugs is not the way to stop the 'opioid epidemic,' if I may use the term. People, good people, people with families and jobs and homes, people who just want to be able to do something that approximates functioning, are having serious issues getting medicine that they need. Because they’re having trouble getting medicine their doctor deemed they needed, more and more are finding themselves in pain crises and heading to their local emergency rooms for relief, clogging up an already-congested system and causing delays in care for people who are dealing with other critical emergencies."

Continue ReadingA War On Opioids Is A War On Suffering People

Millennials Get It Wrong about Socialism

"I’m left to conclude that they have no appreciation for how socialism actually works in the real world. The economic track record of socialism is as dismal as its human rights record. But we need not direct Millennials to history books to see it. They need only look at what has happened to former socialist countries during their own lifetimes, as these countries have moved away from socialism and towards capitalism."

Continue ReadingMillennials Get It Wrong about Socialism

We Can’t Attack North Korea. It’s Against the Law

"There was zero discussion at the hearing of the illegality of the U.S. attacking North Korea under the U.N. Charter. Yet as we learned from the Iraq War, there is great wisdom in the charter requirement that peaceful solutions, however difficult to achieve, take precedence over resorting to force."

Continue ReadingWe Can’t Attack North Korea. It’s Against the Law

The U.S.-Saudi Starvation Blockade

"President Obama first approved U.S. support for the Saudi war effort. President Trump has continued the Obama policy. The war in Yemen has now become his war and his human rights catastrophe. Yemen today is arguably the worst humanitarian crisis on earth, and America’s role in it is undeniable and indispensable."

Continue ReadingThe U.S.-Saudi Starvation Blockade

Alfred McCoy: The Future of the American Empire

"Alfred McCoy was a young rebel academic who waded into the war zone in Southeast Asia to investigate the relationship between the CIA, crime syndicates, and local drug lords. The result, which the Agency tried unsuccessfully to suppress, was his classic The Politics of Heroin: CIA Complicity in the Global Drug Trade. In the 45 years since, McCoy has consistently probed the underside of American global power, analyzing how the United States uses covert interventions, local proxies, torture, and worldwide surveillance to maintain its global empire."

Continue ReadingAlfred McCoy: The Future of the American Empire

The Black Swan In Plain Sight—Debt Out The Wazoo

"Washington has suspended it way into a $5.7 trillion increase in the public debt in just six years since October 2011. That is, during a period which supposedly constitutes the third longest business expansion in US history. At the end of the day, you can't borrow your way to prosperity. That's the oldest rule in the book of sound money and sustainable finance. And it's about ready to be learned all over again."

Continue ReadingThe Black Swan In Plain Sight—Debt Out The Wazoo