If there is one lesson from history that does repeat itself instead of just rhyme, it is that imperialism kills civilizations. It turns out, electing force instead of voluntary engagement is not just catastrophically expensive; it also carries with it enormous moral hazard for the perpetrators. This has been the core message of the great…
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Her historical perspective has been pointed and consistent even as her gender identification has not. The brilliant and endlessly insightful Deirdre McCloskey has released her new book, really a collection of fine essays, which tackles the questions of real wealth creation, British imperialism and the Great Enrichment–a period of history in which we are truly…
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121 years ago today (in fact nearly to the hour I write this), the then Assistant Secretary of the Navy (!), Theodore Roosevelt ordered the Pacific Squadron of Commodore George Dewey to ready for an attack of the Spanish fleet docked in Manilla. That’s right: Before the Congress acted and without anyone’s knowledge, this warmonger…
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