Mandating Higher Wages Won’t Fix Japan’s Economy
Prime Minister Shinzo Abe of Japan has announced plans to request that Japan’s corporate leaders increase salaries and wages at an upcoming meeting of government, business, and nonprofit leaders in preparation for the spring labor negotiation period, or shunto. That would be the fourth straight year that Mr. Abe has proposed higher wages to strengthen Japan’s beleaguered economy.
Progressives Show Why Planned Parenthood Doesn’t Need Government Funding
One of the most common fallacies those on both the left and the right regularly make about libertarianism is suggesting that opposing government funding of a specific product, service, or organization is the same as opposing their very existence.
France Won’t Be Following the UK Out of the EU
Since the Brexit vote in the UK there has been a lot of speculation concerning the next countries to leave the European Union. France is being repeatedly named in those lists. There are several reasons why France is not likely to leave the EU any time soon.
An “Anti-Establishment” Trump Would Pardon Edward Snowden
During his first days as president, Barack Obama pledged to protect government whistleblowers. In fact, Change.org even highlighted this stance saying, “Often the best source of information about waste, fraud, and abuse in government is an existing government employee committed to public integrity and willing to speak out. Such acts of courage and patriotism, which can sometimes save lives and often save taxpayer dollars, should be encouraged rather than stifled.”
The Global Anti-Cash Axis Targets Australia
The global war on cash is remarkably well coordinated. Less than a week after the Indian government announced it was withdrawing its two highest denomination currency notes (equivalent to about $15.00 and $7.50, respectively) from circulation, the Anti-Cash Axis, which comprises a witch’s brew of national governments, establishment media outlets, international bureaucracies and, especially, gigantic multinational banks, has launched a concerted attack on Australia.
Chinese Translation of The Pure Time-Preference Theory of Interest
This project took three years to complete, and now, Chinese entrepreneur Xiong Yue presents the Chinese edition of Professor Jeffrey M. Herbener’s edited volume The Pure Time-Preference Theory Interest. Mr. Xiong is a true Austrian economist, he also studied with Jesús Huerta de Soto in Spain and has translated many Austrian titles into Chinese. The publisher of this translation is Shanghai University of Finance and Economics Press.
Brexit and the Bureaucracy Beast
A leaked memo allegedly belonging to the UK government purports to show the chaos and uncertainty in which the British administration finds itself in trying to deal with its exit from the European Union.
Trump’s Election May Strain the Euro to the Breaking Point
Many would not have discounted the notion that financial markets would take kindly to the announcement that Donald J. Trump won the election. But when the news broke on 9 November that he will indeed be the 45th president of the United States of America, prices on international stock exchanges climbed, the US dollar exchange rate soared, and interest rates went up.