China Was Desperate for a Trade Deal, but the G-20 Agreement is a Mirage

The G20 meeting in Buenos Aires had a primary objective. To reach an agreement between the United States and China.

However, the announced agreement is more a “diplomatic truce” than a real agreement.

The United States commits to delaying tariffs against China that would start on January 1st, 2019 and China commits to purchase more agricultural and energy products (LNG, liquefied natural gas) in addition to promising to advance in legal security, compliance with contracts, the opening of capital markets and protection of intellectual property.

Dale Earnhardt Jr. Doesn’t Understand What Capitalists Do

The third weekend of November, as usual, saw the crowning of a champion in all three of NASCAR’s national touring series — the Camping World Truck Series, the Xfinity Series, and the Monster Energy Cup Series. The 2018 Xfinity Series champion went to Tyler Reddick, driver of the #9 Camaro, after a dominating performance at Homestead-Miami Speedway. This was the third championship in five seasons for Dale Earnhardt Jr.’s team, JR Motorsports. Following this victory, Earnhardt Jr.

About Civility...

The foundation of any and every civilization, including our own, is private ownership of the means of production. Whoever wishes to criticize modern civilization, therefore, begins with private property.
Ludwig von Mises.

Civility is the word of the moment.

Socialism Is on the March

When I met Ludwig von Mises, he was exactly as I had imagined him: kind, brilliant, dignified, beautifully mannered and dressed, a gentleman from what Murray Rothbard called “an older and better world.” His wife, Margit, had been an actress, and she had great beauty, intelligence, and presence as well.