PODCAST: DHP Villains: Woodrow Wilson, Part 10

This time last month, the Syrian military was sweeping through Kurdish territory in the country’s northeast Hasakeh Governorate, and having seized control of the al-Hawl prison camp, there were reports of thousands of ISIS-linked detainees being freed by the Islamist government’s forces. The government downplayed this issue, blaming the escapes on Kurdish security weakness, and […]

What Causes Stagflation? Authored by Frank Shostak via The Mises Institute, In the late 1960’s Edmund Phelps and Milton Friedman challenged the popular view that there can be a sustainable trade-off between inflation and unemployment. In fact, over time, according to Friedman, expansionary central bank policies set the platform for lower economic growth and a higher rate of inflation (i.e., stagflation). A famous case of stagflation occurred during the 1974-75 period. In March 1975, industrial production fell by nearly 13 percent year-on-year while the yearly growth rate of the consumer price index (CPI) jumped to...

From Israel on Monday, Sen. Lindsey Graham (R-SC) pushed for a US war against Iran while acknowledging that US soldiers in the region could get “hit” by Iranian counterattacks, a risk he said was worth it. “Could our soldiers be hit in the region? Absolutely, they could. Can Iran respond if we have an all-out […]