Banking
Money
Between “terrorist acts” and international support: Maduro’s theater elections
In the early hours of Monday, July 29, the announcement of the election results in Venezuela echoed. Nicolas Maduro, is declared the winner in Venezuela’s presidential election by the electoral authority, setting up a high-stakes showdown that will determine whether the South American nation transitions away from one-party rule.
Is increased consumer spending good for the economy?
Just about every so-called business periodical touts an increase in consumer spending as “good for the economy.” But is this really so? Can we really spend our way out of a recession? Lord John Maynard Keynes thought so, and his teachings have become the standard narrative just about everywhere in the world.
The Division of Labor and Social Order
Praxeology
Are apartment syndicators incompetent or crooked? The answer is yes
From roughly 2020 to 2022, “syndicators” took over the apartment investment market. During that time, this group of dimwitted rent seekers used bridge loans to finance their apartment acquisitions.