Entries by Peter Jacobsen

The Afghanistan War Was a 20-Year Failure in Central Planning

The blame for the Afghanistan War disaster falls squarely on the experts in Washington, DC, who began the crusade 20 years ago. The Afghanistan War/nation-building project is now confirmed as a complete failure—and a costly one, in both lives and resources. Brown University’s Watson Institute estimates the US spent $2.2 trillion over the 19 years, […]

The Federal Reserve is Embracing Left-Wing Policies—Here’s Why You Shouldn’t Be Surprised

The Fed’s mission creep, though troubling, is neither new nor surprising. The Federal Reserve System has come under fire in the last few months for extending itself into areas outside its Congressional “dual mandate” of stabilizing prices and maximizing employment. There are two areas where the Fed is being accused of overreaching. The first area […]