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Strange bedfellows from Trump’s trade war
Over much of the past century, China, Japan, and South Korea have been bitter enemies. In the 1930s, the Japanese military gained control and mobilized the country for war. The rationale used to justify the war was Allied restrictions on raw materials essential for industrialization.
May 3, 2025


Trump challenges the Fed
President Trump has signed an executive order creating a United Sovereign Wealth Fund and Strategic Cryptocurrency Reserve. Sovereign Wealth Funds have been created in countries with surplus revenue, such as the oil-exporting Gulf states. The federal government is projected to incur deficits and accumulate debt for the foreseeable future. President Trump states that the Sovereign Wealth Fund will not be financed with debt or increased taxes, so the question is how will the Fu
Apr 28, 2025


Taming the military-transfer complex
Dwight Eisenhower sounded the alarm about the military-industrial complex. What he did not anticipate was the military-transfer complex.
Apr 7, 2025


What DOGE can learn from the states
The Department of Government efficiency (DOGE) faces many challenges in downsizing the federal government.
Mar 3, 2025


A New Property Tax Revolt
It has been half a century since Howard Jarvis launched the first property tax revolt with Prop 13 in California. Since then, forty-six...
Feb 15, 2025


A New Summer Palace Dialogue
During the “Great Moderation” in the economic policy of the 1980s and 1990s, the U.S. commitment to free international trade and investment
Feb 14, 2025
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