A “European Empire” Won’t Make Europe Richer

A certain nostalgic view of the Roman Empire has helped to push the idea the European Union is essential to the prosperity and success of Europe. But a closer look at the continent invalidates the link between prosperity and affiliation to Brussels’ Europe. Among the richest European countries are the countries outside the Union. This is the case in Switzerland, Norway, Iceland and Liechtenstein.

Florida’s New Teacher Carry Law is a Decent First Step

On May 9, 2019 Florida Governor Ron Desantis signed SB 7030 into law, which allows school or contract employees to be armed under Florida’s new Guardian Program. Local district superintendents must appoint these individuals, and then they must receive final approval from the school board. On top of that, staff who wants to be armed must also complete rigorous training and possess a valid concealed carry license. The training course mandates 144 hours of training, which emphasizes proper firearms usage.

MMT “Qualifies as the Financial Equivalent to Weapons of Mass Destruction”

The biggest threat to our prosperity, to your pension and to the prospects of your children and grandchildren is in all likelihood something that you’ve never heard of. Yet Modern Monetary Theory (MMT), which ironically is neither modern nor a monetary theory, has been setting alight debate on the Left and looks set to form a substantial role in Labour’s interventionist power grab over the economy.

The Balance-of-Payments Myth

In March, the US trade account balance stood at a deficit of $ 50 billion against a deficit of $49.28 billion in February and a deficit of $47.4 billion in March last year.

Most commentators consider the trade account balance as the single most important piece of information regarding the health of the economy.

According to the widely accepted view, a surplus on the trade account is considered as a positive development while a deficit is perceived in a negative light. What is the reason for this?