Republican Congressman Charged with Insider Trading, Which Shouldn’t Be a Crime
New York Republican Congressman Chris Collins was indicted today on a variety of charges stemming from an investigation of insider trading. Prosecutors allege that he, along with son and soon to be son-in-law, is guilty of trading on non-public information concerning the results of a drug trial. Collins traded stock in Innate Immunotherapeutics Limited, a company where Collins is a board member, in order to avoid over $768,000 in losses.
The Social Media Purge: Is the Mises Institute Next?
Caitlin Long: ICE Cryptocurrency A “Double-Edged Sword”
Caitlin Long, a 22-year Wall Street veteran and a leader in the cryptocurrency sphere, recently took to Forbes to write about the pros and cons of the Intercontinental Exchange (parent of the New York Stock Exchange) announcement that it is building “a new ecosystem for cryptocurrencies.” As she explains, while this is a major leap forward in the “normalization” of crypto, she has some concerns about what a gr
Big Tech Shows “Net Neutrality” Battle Was About Power, Not an “Open Internet”
The de-platforming of Alex Jones and InfoWars is a subject that has a number of layers to it, including the responsibilities social media companies have to free speech — particularly in a world where the lines between Big Tech and Big Government are increasingly blurred.
American Immigration Policy and the Holocaust: There Is No Equivalance
One would think this doesn’t need to be said, but apparently it is: there’s a difference between deporting foreign nationals, and murdering people en masse.
Having already thrown Godwin’s law out the window by insisting that Donald Trump is “literally Hitler” the American left has now moved on to blithely comparing the detention of accused non-government-approved immigrants to Nazi death camps.
The Social Media Purge: Is the Mises Institute Next?
An audio version of this article is available here.
We are accustomed to predatory language from politicians, but this issuance from Connecticut Senator Chris Murphy’s twitter account yesterday is particularly telling:
Elderly Homeowner Calls 911: Police Then Kill Him
When a naked intruder broke into the Aurora, Colorado home of Richard Black in the middle of the night , the intruder began violently attacking Black’s 11-year-old grandson.
Black quickly armed himself with a gun, and shot the intruder dead, possibly saving the life of his grandson, who was hospitalized after the attack.
And then the Aurora Police Department showed up and shot Black dead.
IMF Produces Another Bogus Venezuela Inflation Forecast
The International Monetary Fund (IMF) has done it again. In an attempt to garner some press, the head of the IMF’s Western Hemisphere Department Alejandro Werner forecasted that Venezuela’s annual inflation rate will reach 1,000,000% by year’s end. By my calculations, this inflation forecast implies that the exchange rate will reach 923 million VEF/USD by December 2018. To put this into context, the exchange rate at the end of July was 3.3 million VEF/USD, and at the end of June it was 3.1 million VEF/USD.
The Difference Between Austrians and Everyone Else — In One Easy Chart
[A selection from Money, Bank Credit, and Economic Cycles by Jesús Huerta de Soto. For full explanatory notes, see the online version, beginning page 576.]