War and Inflation
A state without money or a state that must tax its citizens to raise money for its wars is necessarily limited in its imperial ambitions. Keep in mind that this is only a problem for the state.
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Atomic Salvation: Did the...
The US went to war 83 years ago today with Japan‘s attack on Pearl Harbor. It
Federal Power and Statist...
In the post-Civil War South during Reconstruction, federal troops attempted to impose their will in part
Fiscal Folly
Government spending does not reflect true economic value the way personal spending does.