Will New York City Become the New Socialist Paradise?
Why DOGE Failed
The Department of Government Efficiency (DOGE) has sparked controversy with its plumbing for fraud and “waste” in the federal government. Tesla dealerships have been attacked, and various protests have been coordinated across fifty states. Many of its vocal critics called it the beginning of a plutocracy—as everyone knows that plutocracy involves former business owners trying to make government smaller. That aside, Musk recently threw in the towel and gave up on DOGE’s ability to get $2 trillion in cuts.
There Is No Disinflation
President Trump: End the War Now!
Hanke’s Weekly Currency Watch List
On this week’s Hanke’s #CurrencyWatchlist, the Venezuelan bolivar comes in as the WORLD’S WORST currency.
The bolivar has depreciated by 65% against the USD YoY.
VENEZUELA = SOCIALIST TRAINWRECK. pic.twitter.com/AGQoU2tb4R— Steve Hanke (@steve_hanke) June 25, 2025
The Role of Charitable Institutions in a Market-Based Health System
In a market-based health system, there is no single main source of funding for access to medical services, but several. These include private health insurance, medical subscriptions, direct payments, and charitable donations. In simple terms, these different forms of financing complement each other, creating a decentralized market structure.
The Entrepreneur and the Summer Blockbuster
Trust Lost In Banking System and US Dollar
Economic Sanctions Adrenaline
Economic sanctions as a plural noun defined from dictionary.com as “any actions taken by one nation or group of nations to harm the economy of another nation or group, often to force a political change.” The United Kingdom based web site oilprice.com posted an article on July 24, 2024, “India’s Top Private Refiner Gets US License to Buy Venezuelan Crude.” The