Relying on the Fed to safeguard the United States from a global economic crisis during an election year is politically convenient. But it is harmful to our concept of democracy.
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As we enter a shiny new decade, we should embrace a cozy and decidedly pre-modern tradition: the system of sovereign states that has served us well since the 17th century.
More than 145 years ago, Frederick August Otto Schwarz, namesake of the world-famous retailer FAO Schwarz, and his three brothers from Westphalia, Ger...
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