Book Review | Capitalism in America: An Economic History of the United States – Alan Greenspan & Adrian Wooldridge

Given Alan Greenspan's notorious reputation among libertarians as a Randian free-marketeer who became corrupted during his time in the Federal Reserve and ended up being largely responsible for the easy money policy that contributed to the Great Recession, I was curious as to how he would characterize particular events in the economic history of the … Continue reading Book Review | Capitalism in America: An Economic History of the United States – Alan Greenspan & Adrian Wooldridge

Why the State Revels in Crises

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by an endless series of hobgoblins, most of them imaginary. - H. L. Mencken   The fundamental task the State proclaims to serve is that of protecting citizens from violence perpetrated amongst one another. For … Continue reading Why the State Revels in Crises