Semper Augustus: End of the Golden Age
The Dutch Republic flourished from trade. It bought and sold. Did it get ‘ripped off’ by its trading partners? The question seems absurd.
No Index
Emergency Powers
‘Reciprocal’ tariffs have been put on hold by the courts. But they had already been stopped by the markets. The reciprocal tariff plan was called off soon after the markets began to collapse.
It’s Over
In politics, the ‘fat’ is the juiciest part. It’s what the politicians most want. If you take money from taxpayers to conduct a war, for example, and you spend the money efficiently, what do you get?
Climate change at last!
The only honest role for government is to protect people from danger. But it quickly becomes a protection racket. The more fearful people become the more they are willing to pay for protection.
Epitaph for Trump II, Part III
Donald Trump seemed unaware of it, but he had only a few days to accomplish something too. And he faced one critical objective: to stop the federal government’s perennial deficits.
Memorial Day Tribute for Trump II, Part II
Ambitious empires always decline. They do so with a combination of over-spending… and overextending themselves militarily. Those risks, and their consequences, have been well known.
