Archive for James Ostrowski
States’ Rights and the Union Imperium in Imperio, 1776–1876
Historian Forrest McDonald has produced this fine survey of how the idea of divided sovereignty has played out in American history. “Imperium in Imperio” means “sovereignty within sovereignty, the division of sovereignty within a single jurisdiction.” They said it could not be done — that sovereignty could not be divided. In 1789, however, the Americans [...]
30Jun2010 | James Ostrowski | 0 comments | Continued-
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JPMorgan Chase and Casino Banking
JPMorgan Chase & Co., one of the nation’s leading banks, revealed in May that a London trader racked... Read More
Individualism, Trade-Unions, and “Self-Governing Combinations”
Who do you imagine said this? “[Trade-unions] seem natural to the passing phase of social evolution,... Read More
Bubbles, Malinvestment, and Higher Education
Many commentators are asking whether the next big bubble to burst will be the debt associated with the... Read More
JPMorgan’s Blunder Is No Market Failure
I am not going to try to defend JPMorgan Chase for its recent, widely reported financial blunders. ... Read More
For Equality; Against Privilege
This TGIF originally ran July 7, 2006. The freedom philosophy can be boiled down to two phrases: for... Read More
