Archive for Foreign Policy
The Really Important Thing About Syria…
…is that it rights the Bush Record, at least according to some people on Facebook who just posted this: I’m posting this simply because I am in awe of it. Just off the top of my head: ==> I don’t remember President Bush, Don Rumsfeld, or Colin Powell saying, “There are WMDs in the Middle […]
Read moreWar and the Fed
I’m going to be on Scott Horton’s radio program in a few minutes to talk about the connection between central banking and war. Here are two charts to supplement the interview. The first shows year/year percentage increases in the Consumer Price Index, while the second shows year/year percentage increases in the monetary base. I think […]
Read morePotpourri
==> Some of you may have heard of the ethanol “blend wall.” In brief, the US government is literally requiring gasoline refiners to do contradictory things: One regulation insists they make the gas content higher than 10 percent ethanol, while another regulation forbids them from doing so. My colleague Mary Hutzler was the lead author […]
Read moreWas the Iraq Invasion “About Oil”?
This is a great question, and David R. Henderson’s answer is what I would say. The only difference is, I am less confident that it is right, as compared to David’s apparent confidence. Here’s what he said: [W]as the second war against Iraq about oil? In a sense it was, and in a sense it […]
Read morePotpourri
==> An excerpt from Guido Hulsmann’s introduction to (what we know as) The Theory of Money & Credit. Incidentally, I wrote a Study Guide for this book, and believe me, it’s not as intimidating as it first appears. If you have always wanted to be the type of person to read it, but thought you […]
Read moreOne More on Epistemic Closure and Conservatives
Last post on this and I will move on to greener pastures… There are two remaining ironies I would like to point out, in Krugman’s high-fiving of Bruce Bartlett for being so open-minded in his denunciation of those close-minded conservatives. (BTW a funny and apropos aside: I pass the Scott Sumner Turing Test.) (1) Look […]
Read moreThe System Is Rigged: The Futility of Politics
[Such is the title of my article in the October issue of the Lara-Murphy Report (sample issues and subscription info here). This month we interview Dr. Murray Sabrin, who–among other things–is Professor of Finance at Ramapo College of New Jersey, is producing a documentary on the 100th anniversary of the Fed, ran for governor of […]
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