Garrison Goetsch > Recent Status Updates

Ricks makes a super interesting insight into the role of J Edgar Hoover in this period, comparing him to a feudal warlord. Ricks argues that, while Hoover was nominally subordinate to the President, he had leeway to act independently and even in opposition to POTUS, much the way a feudal lord might side with and against their king, depending on the day.

I learned one reason Japan industrialized successfully while Turkey did not is that, due to geography, Japan had a much easier time excluding cheap European exports to shield infant industries

Today I learned that the Ottoman state newspaper got into a giant spat with the Egyptian state newspaper, insulting the Egyptian wali

It turns out, issuing treasury bonds only increases your money flow if your economy is engaged in sufficient trade 😭