The Cost of a Trump Presidency

Last Thursday's wanton attack on a Syrian air field by the US and its bellicose actions toward North Korea have brought to the forefront the real cost of candidate Trump's landslide victory last November. Unlike most laymen, accountants, and financial analysts, economists look at cost differently. For economists, cost or more specifically, "opportunity cost," means … Continue reading The Cost of a Trump Presidency →

Charles A. Beard, “American Foreign Policy in the Making, 1932-1940″*

Review: Charles A. Beard, American Foreign Policy in the Making, 1932-1940: A Study in Responsibilities. New Haven: Yale University Press, 1946. Introduction Last year, 2016, marked the 70th anniversary of the publication of Charles Beard's masterful study of United States foreign policy prior to the nation's disastrous entrance into the Second World War, American … Continue reading Charles A. Beard, “American Foreign Policy in the Making, 1932-1940″* →