The Scottish people are being invited to decide whether their cradle-to-grave welfare state will be more flush as a semi-devolved entity dependent on subventions from Westminster or as a reborn Kingdom of Scotland dependent on subventions from the European Union. In such a political culture, there are no takers for “libertarianism”.
Andrew Carnegie, for instance, almost single-handedly reduced the price of steel rails from $160 per ton in 1875 to $17 per ton nearly a quarter century later. John D. Rockefeller pushed the price of refined petroleum down from more than 30¢ per gallon to 5.9¢ in 1897. Cornelius Vanderbilt, operating earlier in the century, reduced fares on steamboat transit by 90, 95, and even 100 percent. On trips for which a fare was not charged, Vanderbilt earned his money by selling concessions on board.
“On one front, the central banks preside over the creation of additional liquidity for the financial system in order to hold back the tide of debt defaults that would otherwise occur.”
The best German divisions, 175 of them, were fighting on the eastern front, against Stalin. It was there that the Second World War was won, and lost. Won not by the Anglo-Saxons but by the Russians, and lost by the Germans. Then followed the Red Army’s orgy of rape and murder. Hundreds of thousands of German females were raped, from little girls to old women, most of them gang-raped, many raped to death. Ilya Ehrenburg, the Soviet propagandist, publicly urged on the conquering rapists, and that loathsome gay man, Christopher Isherwood, publicly praised them for their robust virility. Today, all of this has been expunged from the historical record — it never even existed in Hollywood’s version — just another one of the forgotten episodes from “the Last Good War.”