Tales from the Economic Dark Side Markets alternate between optimism and pessimism in a struggle that pits bulls against bears. Since optimism generally prevails, long-term investors – the bulls – most often have the happier endings. Markets go up more often than they go...
Foggy Economics Where are those neat crystal ball predictions that students of economics used to rely on? Why is it that so many of today’s analysts, historians and financial industry pundits – including the Federal Reserve – are getting their forecasts so, so wrong? ...
The Legal Precedent of Impeachment Over the more than 230 years of U.S. history, Articles of Impeachment have been filed by the House of Representatives against three American Presidents: Andrew Johnson in 1868; Richard Nixon in 1974; and William Clinton in 1998. The charges...
Historians eagerly highlight the foreign policy strategies pursued by the overtly hawkish Reagan Administration, a strategy of “peace through strength.” As described in “Speak Softly and Carry a Big Stick” in the March 27, 2019 TLR, Reagan adopted a set of muscular U.S. policies that...
America’s Different Democracy, or How Change Has Come to America America’s government is a Constitutional democracy that differs significantly from most other democracies, many of which do not have written constitutions and the majority of which are parliamentary. In parliamentary democracies, the country’s head-of-state is...