Democracy in Default offers a new perspective on the birth of neoliberalism, showing that the conventional story confuses cause and effect. Financialization was not the offspring of deregulation but the mechanism that allowed neoliberalism to take root.

"There is a fundamental contradiction at the heart of American politics that has endured since our nation's birth. The defining ideals of democracy and liberty for everyone have always existed uneasily alongside realities of slavery, widespread disenfranchisement, and other grave impediments to true democracy. How has this paradox survived for so long in the face of America's foundational claim of liberty and justice for all? In The Reactionary Spirit,...

"As tensions over Taiwan escalate, the United States and China stand on the brink of a catastrophic war. Resolving the impasse demands we understand how it began. In 1943, America declared that Japanese-held Taiwan would return to China at the conclusion of World War II. The Chinese civil war led to a change of plans. The Communist Party came to power in China and the defeated Nationalist leader, Chiang Kai-shek, fled to Taiwan, where he was afforded...