I wrote a Wall Street Journal Oped on the gold standard, partly in response to last week's Oped by James Grant (whose "PhD standard" is a great quip) and Greg Yp's excellent column on Judy Shelton and gold.
Milton Friedman explains that in case after case, government programs adopted for good purposes have had the opposite effects. Federal programs on housing, schooling, health care, and job training have created as many problems as they have solved. There are almost no exceptions of governmental programs that have achieved their initial stated goals.
Strategika Issue 59 is now available online. Strategika is an online journal that analyzes ongoing issues of national security in light of conflicts of the past—the efforts of the Military History Working Group of historians, analysts, and military personnel focusing on military history and contemporary conflict.
During the Second World War, President Franklin Roosevelt, Premier Joseph Stalin, and Prime Minister Winston Churchill exchanged hundreds of cables and held two summit meetings, coordinating the vast allied effort to defeat Nazi Germany and Imperial Japan. Panelists will discuss why the peaceful new international order that the three agreed to establish after the conflict turned instead into the Cold War.
Hoover Institution fellow John Yoo says the case concerning the alleged campaign contributions involving former Trump attorney Michael Cohen is over. Yoo also weighs-in on the denial of bail for Jeffrey Epstein.
Hoover Institution fellow John Yoo discusses the end to some of the investigations into President Trump, including the alleged campaign violations. Yoo also discusses what impeachment should be used for.
Upright: “These arguments over our past are really over the present — and especially the future. If progressives and socialists can at last convince the American public that their country was always hopelessly flawed, they can gain power to remake it based on their own interests. These elites see Americans not as unique individuals but as race, class and gender collectives, with shared grievances from the past that must be paid out in the present and the future. We’ve seen something like this fight before, in 1861 — and it didn’t end well.” —Victor Davis Hanson
In the weeks before two Japanese and Norwegian oil tankers were attacked, on June 13th, in the Gulf of Oman—acts which the United States attributes to Iran—American military strategists were planning a cyberattack on critical parts of that country’s digital infrastructure.