Russia’s Moral Nihilism

kremlin_st._basils russiaby Dr. Miklos K. Radvanyi  

In the book entitled “The Documentary History of the Roots of the German Hanseatic Cities” it is stated that already in the 14th century the Hanseatic confederation laws absolutely prohibited the citizens of its member cities to provide Russians goods on credit; lending them money under any circumstances, including humanitarian assistance; or even borrowing money of them, under the threat of speedy and drastic punishment. [Read more…]

The Diplomacy of Missile Defense

Missile Defenseby Peter Huessy

The long thirty one year debate over missile defenses for the United States begun with the President Reagan announcement of the strategic defense initiative in March 1983 has now reached a critical stage.

The initial building of defenses in 2002 with the US withdrawal from the ABM Treaty has now reached where in the US arsenal there are over 1200+ interceptors of all kinds that can deal with short, medium and long range rockets aimed at the United States and its allies. [Read more…]

A Recovery Stymied by Redistribution

Public policy intended to make layoffs less painful actually made layoffs cheaper and more common.

unemploymentby Casey B. Mulligan

Why has the labor market contracted so much and why does it remain depressed? Major subsidies and regulations intended to help the poor and unemployed were changed in more than a dozen ways—and although these policies were advertised as employment-expanding, the fact is that they reduced incentives for people to work and for businesses to hire. [Read more…]