The Meaning of July 4th,
Part Three

In my previous two articles on July 4th (1, 2), I said that the meaning of that holiday was gradually being lost. But on July 4th of this year, I participated in our local Monterey parade and found that some of it either hadn’t been lost or was being rediscovered. My friend Lawrence Samuels, an … Continue reading “The Meaning of July 4th,
Part Three”

The Meaning of July 4th,
Part Two

Last year at this time, I wrote that we are, bit by bit, losing the meaning of July 4th. This holiday used to celebrate a Declaration of Independence from a tyrannical British government that had tried to subjugate Americans. But here’s a little test to see how much of that meaning we’ve kept. Ask yourself … Continue reading “The Meaning of July 4th,
Part Two”

Hail Ron Paul and Mike Gravel

"I saw Ron Paul last week in the Republican debates. He was good, but everybody else ignores what he says." This is from an e-mail I received from an economist friend who is a liberal Democrat. I responded, "Everybody except the viewers. He won the poll afterward, getting 43 percent. MSNBC reported it and then … Continue reading “Hail Ron Paul and Mike Gravel”

A Capitalist Peace With China

Many people, including many of my students at the Naval Postgraduate School, worry that economic growth in China will make China a formidable competitor to the United States. My students typically raise this concern when we talk about free trade, and they worry about people in China "taking our jobs." I manage to assuage this … Continue reading “A Capitalist Peace With China”

How Much Is the Iraq War Costing You?

In a previous article, “How Much is the Iraq War Costing You? Part 1,” I laid out the facts and figures about the monetary cost of the Iraq war to U.S. taxpayers, assuming conservatively a low-end estimate of annual spending on the Iraq war. I concluded that the main American residents paying for the war … Continue reading “How Much Is the Iraq War Costing You?”

Working With the Left
on the War

(Author’s note: I had planned to write “How Much is the Iraq War Costing You? Part 2” for this week, but due to the timeliness of what I discuss below, I’ll delay Part 2 until April.) As a libertarian who has generally focused on economic issues – I am an economist, after all – I … Continue reading “Working With the Left
on the War”

How Much Is the War on Iraq Costing You?

How much is the U.S. war on Iraq costing you? That depends on who you are. For Iraqis, Americans, or Brits who were killed, it cost them everything. I say it in that order because that is the order in numbers killed. So far, a conservative estimate of the number of Iraqi civilians killed in … Continue reading “How Much Is the War on Iraq Costing You?”

Does War Make Presidents Great?

Today is Presidents’ Day in the United States. It’s a holiday declared by the federal government to celebrate the birthdays of two presidents, George Washington and Abraham Lincoln. George Washington is often called "the father of our country," and for good reason. Without his having led soldiers in the fight for independence from the British, … Continue reading “Does War Make Presidents Great?”