“Truth isn’t truth,” declared Rudy Giuliani, President Trump’s personal attorney, on Meet the Press on Sunday. Giuliani’s comment — the weirdest absolution yet proffered for Trump — is the “Trump era’s epitaph,” according to a Washington Post columnist. But truth really is defined differently inside the Beltway.
In just a few decades video gaming has grown from a niche market into one of the largest entertainment industries in the world, certainly no mean feat. However, its transformation has also brought with it the same regulatory problems that every large industry encounters sooner or later. And like most other industries, gaming’s regulatory woes are a combination of internal and external threats. We can categorize these threats as follows:
At Mises U this year, Timothy Terrell did a fantastic job of busting a lot of the myths out there about healthcare, in particular about the quality of US care. Some particularly noteworthy points:
1) America’s life expectancy is often used as an attack on US healthcare, but this number includes a variety of factors that have nothing to do with medical care, including car fatalities, suicides, and drug abuse.
The continuing tragedy of Venezuela is a disaster that few Americans can truly comprehend. Annual inflation in the country, as calculated by Dr. Steve Hanke, has reached 61,436%.
Last month marked the 70th anniversary of the creation of the National Health Service, Britain’s government-run monopoly healthcare provider. Since its creation, during the wave of nationalisations undertaken by the post-WWII Labour government of Clement Attlee, one of the most consistent themes in the history of the NHS has been its ongoing failure to keep pace with the healthcare systems of similarly developed countries.
Optical illusion in the form of a focus on flows — rather than stocks — is a well-known flaw in the analysis of asset markets. Two examples this year demonstrate the phenomenon: one from the market for gold and the other from the market in stock options. Analysis of the illusion in gold helps provide a clue to how present high speculative temperatures in corporate bond markets — intimately related to the options market — will collapse.
Many American families are having trouble making ends meet. It’s no surprise given the value of the dollar has fallen 95% since the Federal Reserve was created. Not everyone is harmed by inflation, but those who, according to inflationdata.com are,
the other big losers those on fixed incomes like the elderly and anyone whose income isn’t indexed to inflation.
In Episode 4, Season 3 of “Last Chance U,” Coach Jason Brown told his players, “Ignorance is life threatening, man.” The Independence Juco coach said, “Eighty-nine percent of NFL and NBA players are bankrupt three years after retirement.”
“I know you guys can’t comprehend half that shit,” the coach yells, referring to what is being taught in class. It doesn’t matter. He tells his players to go to class, sit in the front row, stay off their phones and, “you’ll get a C.”
One of the most insidious ways politicians expand government is by creating new programs to “solve” problems created by politicians. For example, government interference in health care increased health care costs, making it difficult or even impossible for many to obtain affordable, quality care. The effects of these prior interventions were used to justify Obamacare.
Is gun control on its deathbed?
Cody Wilson, founder of the 3D printable gun activist group Defense Distributed, recently won a landmark case against the State Department. Defense Distributed and the Second Amendment Foundation (SAF) reached a settlement with the Department of Justice that now allows for people to 3D print firearms without government interference.
