Saturday, September 12, 2020

On the American Military-Industrial Complex

A democratic republic affords many avenues for organized private interests to influence public policy. The fact that such interests are organized is enough to outweigh the influenced of an organized constituency. Add in the money available to organized interests and the imbalance is exaggerated. The military industrial complex—the “informal” alliance between a military and private defense-contractors is a case in point in the United States. 

The full essay is at "Military Industrial Complex."

Thursday, September 10, 2020

Britain's Obsession with Sovereignty Threatens Trade Treaty with the E.U.

Months after Britain seceded from the E.U., the government of the former state went rogue in intending to pass a law that would unilaterally change, and thus violate, the terms of the post-secession trading agreement between the UK and its former union. The bill proposed no new checks on goods going from the Northern Ireland region to the other regions of the UK. Whereas the British prime minister was claiming that the full sovereignty of the former state meant that Parliament could unilaterally change the terms of a treaty, the European Commission was saying, in effect, that an agreement is an agreement. I contend that the Commission was correct. Moreover, even before the UK seceded from the European Union, an obsession on sovereignty (then, states' rights) rendered Britain vulnerable to failing to grasp the costs.  

The full essay is at "Trade Treaties and Governmental Sovereignty."