The Ratification Debate: A Standing Army vs. the Militias

[This passage is excerpted from Murray N. Rothbard's Conceived in Liberty, vol. 5, The New Republic: 1784–1791.]  One of the most important aspects of the proposed Constitution was its authorization for a permanent national standing army, a striking contrast to the simple reserve constituting the state militia. The standing army was a particular objection of the Antifederalists, who, in the liberal antimilitary…

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BoP 2021 estimate raised on better economic landscape

The Philippine central bank raised its balance of payment (BoP) projection for this year on expectations of an improved economic landscape here and overseas. It now expects the payment position to post a $7.1 billion surplus by year-end, which is lower than the $16-billion surplus last year but higher than the $6.2-billion surplus projection made in March. “The better-than-expected global…

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Importance Of Knowledge Management In Business

Their areas of expertise and specialization are in areas of business funding, conducting a market analysis, product development, adopting of effective business strategies and financing a business.business insider cost of brexitPhysical team building exercises are a means to teach members of an organization to work together horizontally and vertically. When the U.S. Department of Agriculture announced in 2019 that it…

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Duterte to finish 29 flagship projects before term ends

The government expects to finish 29 flagship infrastructure projects worth P238.48 billion before President Rodrigo R. Duterte’s term ends in 2022. It has added 13 more projects for a total of 119 projects worth P4.73 trillion, presidential adviser for flagship infrastructure projects Vivencio B. Dizon told a televised news briefing on Friday. The National Economic and Development Authority (NEDA) has…

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TikTok sees its earnings double in 2020

ByteDance, the Chinese company behind the smash-hit video app TikTok, saw its earnings double last year. An internal memo released to staff showed that the firm’s total revenue jumped by 111% to $34.3bn (£25.6bn) for 2020. The figures underscore TikTok’s continued global popularity. It comes as ByteDance and several other Chinese technology giants have come under increasing pressure from governments…

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The Value of Taking Risks

  Curiosity and Its Twelve Rules for Liveby F. H. BuckleyEncounter Books, 2021xx + 228 pages Frank Buckley, a Canadian-born lawyer who teaches at the Scalia School of Law at George Mason University, has given us in this remarkable book a philosophy of life, based on unusually wide knowledge and penetrating reflection. In what follows, I shall discuss only a…

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US issues new guidance to ease COVID-19 assistance to countries hit by sanctions

WASHINGTON — The United States on Thursday issued guidance easing the way for delivery of products such as face masks, ventilators, and vaccines to combat the coronavirus pandemic to heavily sanctioned countries like Iran, Venezuela, and Syria.  The US Treasury Department issued general licenses related to those three countries aimed at allowing more coronavirus-related transactions and activities, according to a statement, but stopped short…

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