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28

The United States abandoned the gold standard on 15 August 1971. Since then it has been using fiat money, which is not backed by any commodity. It derives its value solely from government authority. This is sometimes also known as a "managed currency standard".


20

They probably got away with it because it was not illegal to drink alcohol. In fact, the Prohibition outlawed only the "manufacture, sale, or transportation" of alcoholic drinks. No mention of consumption, which remained substantial (~50-80% of "normal"), was made in the Prohibition amendment. After one year from the ratification of this article the ...


11

Basically it was an unenforceable law, and much of law enforcement saw no need to bother trying. There are several factors you have to consider here: Prohibition was never really that popular. In fact, its likely that a majority of the country was against it when it passed. Prohibition was particularly unpopular in large cities. The above factors meant ...


8

The American dollar is now Fiat Money, unbacked by any physical asset


5

This is a garbled account of the attack that began the Yom Kippur War, or the October War, between Israel and an alliance of Syria and Egypt. The latter launched an attack on Israel (to recover Egyptian and Syrian territory previously occupied by Israel) on Yom Kippur, the most solemn of Jewish holidays, when the whole country grinds to a halt. Jewish law ...


4

There may not have been a movement in Britain, but there were certainly individual left-wing anti-colonial intellectuals from the British colonies who wrote works in this vein. C. L. R. James from Trinidad was one, recognized even today for Black Jacobins, a history of the Haitian revolution published in 1938. This event (contemporary to the French ...


4

According to your linked Wikipedia article, that movement essentially started out as a Francophone version of the Harlem Renaissance. One important point here is that the Afro-British would not have nearly as much incentive to start their own movement, as the existing one already used their native language. In fact, a sizable amount of participants in the ...


4

A high demand for alcohol provided an economic incentive to those willing to break or circumvent the laws. The only problem was somehow breaking or circumventing the laws. The wikipedia article on alcohol during and after prohibition cites portable stills as going on sale within a week after prohibition went into effect and California grape growers as ...


3

Wow, yeah that's one heck of a question... And considering that you're talking about the foundational tragedy for a century of wars across multiple continents it's an important one to understand. The list of treaties above provides a good at the political structure that Franz Ferdinand's assassination "activated" but it is insanely hard for one work on the ...


2

The question seems lame for first sight, but makes sense in depth. The alliance systems weren't trivial at the start of World War 1 (or Great War). First I recommend to check out the timeline and look for the first dozens of lines of politics in gray. The outbreak of war wasn't one instance, it was a domino effect of triggers in alliances, warnings, ...


2

Keynes' views were widely mis-represented by his disciples, notably Joan Robinson, who was well to the left of him. Keynes was actually "orthodox" in many ways. With his emphasis on "money," he was actually closer to Milton Friedman than to the "Keynesian" doctrine he is associated with. Where he differed from "orthodoxy" was in promoting deficit-financed ...


2

I not only found this book: The Floating Boathouses on the Upper Mississippi River: Their History, Their Stories but managed to meet the author who has a boathouse in Brownsville, MN when I floated through on my research journey.


2

This reminds of an American army "training" film I was shown in high school (!), which was an anti-axis propaganda piece. At the end of the film they showed three portraits, that of Hitler, Mussolini and Hirohito, while the narrator intoned, "If you see any of these men, doooooooon't hesitate!" I think you can safely assume that if Hitler had been captured ...


1

In addition to hoping for a negotiated solution, the Allies are unprepared for war. Germany had been rearming for years, while the Allies thought they were playing catchup. They knew their industrial capacity was superior, though, not to mention strategic advantage on raw materials thanks to their colonies. That's why they were content to hold the line, and ...


1

Kennedy approved of Diem's overthrow, but naively believed assurances given that Diem would be protected and granted exile. http://consortiumnews.com/2013/11/25/jfks-embrace-of-third-world-nationalists/ It was because of Diem's murder that Kennedy immediately regretted the coup occurring. https://www.youtube.com/watch?v=xEJdtodFcDQ


1

Japan tried to expand into China and South Asia. It had no condition to attack Russia in the North at the same time.



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