Bending History
We may be approaching in economics what Thomas Kuhn in his seminal book, The Structure of Scientific Revolutions (reference [S2]), called a paradigm shift. Kuhn laid out scientific history in … Read More
Tag: China
Issues involving the People’s Republic of China
Why What Happens in China Matters
Last week for two straight days, China reminded us of how much we have shrunk as an economic power when they devalued their currency. The U.S. stock market promptly tanked. … Read More
Putin’s Russia and the West
Vladimir Vladimirovich Putin, in a speech to the Federal Assembly of the Russian Federation, declared that the breakup of the USSR was “the greatest geopolitical tragedy of the twentieth century”, or … Read More
U.S. Army Downsizes
NEWS FLASH! The Obama administration makes good on their “leading from behind” promise by announcing a Reduction In Force (RIF) of the U.S. Army of 40,000 soldiers and 17,000 civilian … Read More
Is Democracy the Best Government? Is It in Danger?
These two questions might seem rather strange, coming from a citizen of the United States. Yet I have been alarmed by a number of blog posts from people on the political Left … Read More
Should We Fight ISIS? (2)
If we do go to war with ISIS, a large national commitment would have to be made in assets, both economic and military, to accomplish the task. Given both our historically … Read More