We now turn our attention to what happens with an increase in the money supply, rather than an increase in savings. This is critically important. The mercantilist idea that increasing the money supply increases prosperity was exposed as an error centuries ago by Richard Cantillon.1 However, modern mainstream economists, including …

The 2024 Indonesian elections are fast approaching. Prospective presidential candidates are already on the campaign trail and holding ‘horse-trading’ negotiations to select their vice-presidential nominees. It is a good time to re-examine the potential role of a powerful interest group that increasingly has sway in the largest Muslim-majority nation — …

In concluding part I of this study, we quoted then-Marine Corps Commandant Gen. David Berger, who observed that the setup of the US national security system made sense “when most conflicts were regional” in scope and nature.