Dr. Robert Murphy and I enjoyed a robust discussion of the current political landscape this past weekend at the University of Central Florida. A significant percentage of attendees, maybe half, agreed with the proposition that the US is past the point of political solutions. Everyone agreed, regardless of their age and background, that the possibility of America breaking — violently or voluntarily — is very real.
The FCC is preparing to vote this week to roll back “net neutrality” regulations adopted in 2015. Supporters of net neutrality claim the regulations protect internet traffic from discrimination and ensure broadband providers don’t abuse their power as gatekeepers to the internet. Supporters also claim “[n]et neutrality is the principle that all traffic on the internet should be treated equally.”
Many of our readers might remember the late 80s. There were hundreds of movies, songs and books about the inevitable Japanese economic invasion. The ones of you that did not live that period can see that it did not happen.
Why? Because the Japanese growth miracle was built on a massive debt bubble and, once it burst, the country fell into stagnation for the better part of two decades. It still has not recovered.
China presents many similarities in its economic model. Massive debt, overcapacity and central planned growth targets.
In a fit of pique in 2016, then-President Barack Obama expelled Russian diplomats from the United States. K. T.
Politifact delivered a “pants on fire” slam to Fox News on Friday because one of its commentators asserted that the Federal Bureau of Investigation “has become America’s secret police.” The FBI has legions of new champions nowadays among liberals and Democrats who hope that its probes will end Donald Trump’s presidency. This is a stunning reversal that may have J. Edgar Hoover spinning in his grave.
In her testimony to the Congressional Economic Committee on November 29, 2017, the Fed Chair Janet Yellen said that the neutral rate appears to be quite low by historical standards. From this, she concluded that the federal funds rate would not have to increase much to reach a neutral stance.
The International Monetary System and the Theory of Monetary Systems
by Pascal Salin
Edward Elgar, 2016
On Wednesday, the Republican controlled house voted to further federalize gun laws in this country. While Ryan McMaken has noted the danger in further centralizing gun legislation, there is another deeply troubling aspect to this bill: it expands the ability of the Federal government to restrict Americans’ right to bear arms.
