Did World War II spending boost economic growth? Although some statistics appear to affirm this, wiser historical analysis demonstrates that artificial increases in output during the war masked a debilitated private economy. Meaningful growth increased after the war, when free-market mechanisms returned and marginal tax rates were reduced. Gross national …
On this day 70 years ago, President Franklin D. Roosevelt addressed a joint session of Congress and requested a declaration of war against Japan following the devastating attack on Pearl Harbor the day before. Roosevelt’s words carried forth across the nation via radio, and the consequences of the actions America would …
The United States is a maritime nation. The military is the nation’s guarantor of freedom of the seas and protector of global sea lines of communication. The military ensures the safe transit of international commerce along trade routes that allows our local grocery store and Wal-Marts shelves to remain stocked …
Marking the 70th anniversary of the outbreak of World War II, President of the European Parliament Jerzy Buzek paid tribute to the European Union for making war on the Continent unthinkable and, “materially impossible.” He had a point; not that the EU was a critical instrument of peace and stability …
MOSCOW – The Kremlin campaign against what they describe as falsifying history is in full force with the 70th anniversaries of the Molotov-Ribbentrop Pact and the start of World War II this month. The Kremlin’s chief objective is to justify the signing of the 1939 Soviet-German nonaggression pact and to …
As the world marks the 90th anniversary of the end of the First World War, it seems a lifetime ago that Europe was plunged into unimaginable darkness, resulting in approximately 20 million military and civilian deaths within four short years. Yet four British veterans of World War I survive today, …
