En teoría el impuesto era pagado por los productores de los artículos afectados, pero en la práctica recaía sobre los consumidores, pues los productores se limitaban a agregar el impuesto a sus precio...
En resumen, Europa es una clase curiosa de unión, una confederación que, sin siquiera haber llegado a serlo, fantasea con convertirse en una federación. Tiene un ejecutivo, un parlamento, una cámara a...
En lugar de coaligarse en una masa empobrecida, el proletariado se subdividió entre unas «aristocracias obreras» cualificadas y un lumopenproletariado vicioso. Las primeras prefirieron las huelgas y l...
En la práctica el dinero invertido en una colonia de iure como la India (o en una colonia en todo sentido, excepto el nombre como Egipto) era mucho más seguro que invertir en una colonia de facto como...
By discouraging saving and encouraging consumption, accelerating inflation had stimulated output and employment
Aunque Chamberlain seguía negándose a escuchar el consejo de Churchill de vincular a Rusia al tratado anglofrancés, Halifax hizo pública una nota de prensa afirmando que, en el caso de un ataque alemá...
August Belmont was widely attacked in the North during the American Civil War because he favoured a negotiated peace with the South and supported General George McClellan’s nom ination as Democrat can...
At Tsushima on May 27–28, 1905, the Japanese fleet under Admiral Tōgō Heihachirō sent two-thirds of the Russian fleet – 147,000 tons of naval hardware and nearly 50,000 sailors – to the bottom of the...
Another Russian unit ordered the Jews of a shtetl near Wolkowisk to strip naked, dance with one another, and then ride on pigs; they then proceeded to shoot every tenth person.
American society was justly famed in the nineteenth century for the richness of its associational life. Indeed, as we have seen, Alexis de Tocqueville had seen this as one of the foundations of the co...
American legislators scarcely rested until Chinese immigration to the United States had been altogether stopped. The Chinese Exclusion Act of 1882 suspended immigration of Chinese for ten years, intro...
After 1500 not all roads led to Rome
According to S. A. Nilus, a secret Jewish council known as the Sanhedrin had hypnotized the Japanese into believing they were one of the tribes of Israel; it was the Jews’ aim, Nilus insisted, ‘to set...
Above all, the Trump campaign, like the British Vote Leave campaign, made full use of Facebook’s ad-testing capability, trying tens of thousands of variants to establish what worked best on the voters...
Ownership of real property is second only to ownership of intellectual property
The essence of policy is its contingency; its success depends on the correctness of an estimate which is in part conjectural. The essence of bureaucracy is its quest for safety; its success is calcula...
My generation feels like it’s the lucky one,’ she told me one night. ‘Our grandparents had the Great Leap Forward, our parents had the Cultural Revolution. But we get to study, to travel, to make mone...
I, the British Empire began as a primarily economic phenomenon, its growth powered by commerce and consumerism. The demand for sugar drew merchants tot he carribean. British were not the first Empire...
Even if, as seems likely, Islamic State is defeated in Iraq and Syria, its network in cyberspace and in the West will live on, a toxic milieu where the memes of dawa can breed, converting one loser af...
Any investor unwise or patriotic enough to hang on to gilt-edged securities (consols or the new UK War Loans) would have suffered inflation-adjusted losses of -46 per cent by 1920. Even the real retur...