Military Finance

In A Just and Generous Nation, the eminent historian Harold Holzer and the noted economist Norton Garfinkle present a groundbreaking new account of the beliefs that inspired our 16th president to go to war when the Southern states seceded from the Union. Rather than a commitment to eradicating slavery or a defense of the Union, they argue that Lincoln's guiding principle was the defense of equal economic opportunity.

The urgent truth about the privatization of America’s national security that exposes where this industry came from, how it operates, where it's heading—and why we should be concerned. Thirty years ago there were no private military and security companies (PMSCs); there were only mercenaries. Now the PMSCs are a bona-fide industry, an indispensable part of American foreign and military policy.

Las estadísticas muestran que nueve de cada 10 emprendedores fracasan en los primeros cinco años de su negocio. Por cada 10 que sobreviven, nueve fracasan en los siguientes cinco años. La pregunta es: ¿Cuál es la diferencia entre el emprendedor exitoso y los nueve que fracasan? ¿La respuesta? El éxito como emprendedor requiere las mismas habilidades, valores y fortaleza de liderazgo inculcadas en el ejército.

Author John F. Wasik tracks Lincoln from his time in the 1830s as a young Illinois state legislator pushing for internal improvements; through his work as a lawyer representing the Illinois Central Railroad in the 1840s; to his presidential fight for the Transcontinental Railroad; and his support of land-grant colleges that educated a nation. These brick-and-mortar developments were essential to how the nation could lift citizens above poverty and its isolating origins.

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In Sovereign Soldiers, Grant Madsen tells the story of how this cast of characters assumed an unfamiliar and often untold policymaking role. Seeking to avoid the harsh punishments meted out after World War I, military leaders believed they had to rebuild and rehabilitate their former enemies; if they failed they might cause an even deadlier World War III.

Early on, the United States imposed war taxes that both demanded sacrifices from all Americans and served as reminders of their participation. Since the Korean War, the United States has increasingly moved away from war taxes. Instead, borrowing has become a permanent feature of contemporary wars. The move serves leaders well because reducing the apparent burden of war has helped mute public opposition and any decision-making constraints. But by masking accountability, however, the move away from war taxes undermines the basis for democratic restraint in wartime.

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Statistics show that about six percent of recent college graduates are unemployed. They are among the ever-increasing number of adults struggling with student loans, which now stands at a jaw-dropping 45 million. How can you increase your chances of not falling into the same predicament? The best way is to establish income streams that can support you throughout (and beyond) your education. Not only will this provide you with a cushion against unemployment or insufficient funds, but it will also be your springboard to financial independence.