Last year, we told you about a new book from Andreas Marquart and Philipp Bagus titled Wir schaffen das – alleine! (“We can do it – alone!”). The subtitle says: “Why small states are just better.” (Read an interview about the book here.)
Unfortunately for English-language readers, the book remains only available in German.
Building permits for private housing units in the US dropped by 5.5 percent in August, which was the largest drop recorded in more than two years. The last time housing permit activity dropped by a larger amount was during June of 2016 when permits fell by 12.3 percent.
The trend in all permits (seasonally adjusted):
Today’s headline at The Wall Street Journal looks wonderful: “U.S. Household Net Worth Neared $107 Trillion in Second Quarter.” The journal is reporting on a new report from the Federal Reserve.
Last December, Krissy Noble (then going by her maiden name Tran) shot and killed a man who broke into her apartment and attacked her. She was 11 weeks pregnant at the time.
As ABC News described the incident:
Among conservatives, Ronald Reagan is held in deific esteem. Find any Republican debate Bingo or drinking game, and his name is certain to be one of the triggers to take a drink. Even among many libertarians, Reagan is still viewed as one of our greatest presidents, if not the greatest outright.
Although students of Austrian economics are familiar with Mises, Hayek, and the other major figures of the school, there are many economists who worked in and around the Austrian tradition—and made crucial contributions to it—whose writings are today neglected. One of the most significant of these is the American Frank A. Fetter, the “forgotten giant” of the Austrian school.
The socialist policies of the Venezuela government continue to impose a living hell on its people. Hyperinflation has turned its currency to literal garbage.
Jeff Deist joined Peter Lavelle on CrossTalk to discuss Brett Kavanaugh’s Supreme Court nomination and the state of modern political discourse.
Recently Mark Spitznagel, Founder and Chief Investment Officer of Universa Investments, joined Bloomberg to discuss the lessons learned from the 2008 financial crisis.
“What [the 2008 financial crisis] taught us ultimately is that interventionism - monetary interventionism - is a Faustian bargain. It gives us short term gains, and longer term pains.”
