The Italian Town That’s Not in Italy (or the EU… kind of)
19 Mar 2021 Leave a comment
in international economic law, International law Tags: Italy, maps
Japan at Bay
19 Mar 2021 Leave a comment


No one—and especially not the members of Japanese Imperial General Headquarters or the United States Joint Chiefs of Staff—expected Okinawa to be the last battle of World War II. Why the surprise? The Joint Chiefs, having woefully underestimated enemy striking power at the beginning of the Pacific War, had just as grievously exaggerated it at the end.
Actually, as some perceptive Okinawans were already privately assuring each other: “Nippon ga maketa. Japan is finished.” In early 1945, after the conquest of Iwo Jima by three Marine divisions, the island nation so vulnerable to aerial and submarine warfare had been almost completely severed from its stolen Pacific empire in “the land of eternal summer.” Leyte in the Philippines had been assaulted the previous October by an American amphibious force under General of the Armies Douglas MacArthur, and in the same month the U.S. Navy had destroyed the remnants of the once-proud…
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Defending Bill Clinton’s Welfare Reform
19 Mar 2021 Leave a comment
Here are four things to understand about poverty and dependency.
- Throughout most of human history, harsh material deprivation
was the norm for the vast majority of people. - The development of free enterprise and economic liberty led to dramatic increases in living standards.
- The poverty rate declined significantly in the 1800s and early 1900s when there was no welfare state.
- After the welfare state was created, poverty and dependency stopped declining.
Now let’s add a fifth item.
- The United States adopted welfare reform in the mid-1990s.
Today’s column examines whether this was a bad development or good development.
We’ll start with a harsh critic.
In his column for the New York Times, Charles Blow wants Democrats to repeal Clinton’s welfare reform.
Clinton’s record, particularly with respect to Black and brown Americans and the poor, was marked by catastrophic miscalculation. …the welfare reform bill, …Clinton promised would “end…
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Claudius: Rome’s Accidental Emperor
19 Mar 2021 Leave a comment
in defence economics, economic history Tags: Roman empire
The Most Complex International Borders in the World – Part 2
18 Mar 2021 Leave a comment
in International law, televison Tags: economics of borders, maps
Right to Protest & Offend!
18 Mar 2021 Leave a comment
in liberalism, libertarianism, Marxist economics Tags: free speech, political correctness, regressive left
Professor John Gibson – Economic policy, productivity and the global economy
18 Mar 2021 Leave a comment
in applied price theory, applied welfare economics, macroeconomics
The Duchess of Kent: Part II. Widowhood
18 Mar 2021 Leave a comment
Widowhood
The Duke of Kent died suddenly of pneumonia in January 1820, six days before his father, King George III. His widow the Duchess had little cause to remain in the United Kingdom, since she did not speak the language and had a palace at home in Coburg where she could live cheaply on the revenues of her first husband.
However, the British succession at this time was far from assured – of the three brothers older than Edward, the new king, George IV, and the Duke of York were both estranged from their wives, who were in any case past childbearing age. The third brother, the Duke of Clarence, had yet to produce any surviving children with his wife.
The Duchess of Kent decided that she would do better by gambling on her daughter’s accession than by living quietly in Coburg and, having inherited her second husband’s debts, sought…
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Basketball gender pay gap may be due to 100 fold difference in revenues and TV ratings
18 Mar 2021 Leave a comment
in discrimination, gender, labour economics, labour supply, occupational choice, sports economics

Thomas Sowell on the Myths of Economic Inequality
18 Mar 2021 Leave a comment
in discrimination, economics of education, human capital, labour economics, poverty and inequality, Thomas Sowell
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