The movie “Hustlers” is generating Oscar buzz and box office cash. Words like “empowering” and “so much effing fun” are describing the JLo vehicle, based on the 2015 New York Magazine article “The Hustlers at Scores,” penned by Jessica Pressler. Ramona (Lopez) and Destiny (Constance Wu) have been described as entrepreneurial for their client fishing, drugging, and stealing exploits.
In most cultures, profit is seen as the outcome of exploitation of some individuals by some other individuals. Hence, anyone who is seen as striving to make profits is regarded as bad news and the enemy of society and must be stopped in time from inflicting damage.
Profit however, has nothing to do with exploitation — it is about the most efficient use of real savings. Profit should be seen as an indicator of whether or not real savings are employed in the best possible way, as far as promoting people’s life and wellbeing is concerned.
Argentina is a country known for its constant political-economic instability and recurrent crises. Since the return of democracy in 1983, Argentine society has gone through two hyperinflationary outbreaks (1989 and 1990), an astronomical crisis in 2001, and a foreign debt default that same year.
Twenty-five years since the election of Nelson Mandela as president of South Africa, the country remains home to some of the most market-invasive, race-based economic policies in the world. At the heart of this system are provisions for Affirmative Action (AA) and unique statutory measures for Black Economic Empowerment (BEE). These laws are suffocating the South African economy.
Elizabeth Warren is among the strongest contenders and Democratic hopefuls for the presidential election of 2020. During the fourth Democratic debate, on October 15, her “Wealth Tax Plan” received close attention as to how it could reduce income inequality in the United States.
“The modern central bank business model is being disrupted.” claims Saifedean Ammous, economics professor and author of The Bitcoin Standard: The Dcentralized Alternative to Central Banking. Ammous’ well-written exposition of an Austrian-School understanding of the nature of money — in a free market and not — concludes with several cha
My family moved to California in 1950, part of the post-WWII westward migration. My widowed mother, tired of Boston’s dreary winters, felt the westward pull. My eldest brother, a WWII Navy veteran, had heard good things about San Diego from sailors who had been stationed there during the war. So, California, here we come.
2019 was the year that the blood-test requirement for marriage was finally abolished in all 50 US states.
This past March, the governor of Montana signed the legislature’s bill abolishing the state’s requirement that women submit to blood tests to be screened for rubella prior to the granting of a marriage license.
