Money and BanksMoney and Banking
The Fed and the ECB have taken two different paths since the 2008 crisis. Here's what you need to know.
History of the Austrian School of EconomicsMonetary Theory
All economic and political systems involve competition over scarce resources. So it's wrong to say competition is the distinguishing characteristic of capitalism.
The core problems protested by the "Yellow Vests" are largely of an economic nature, while they also targeted the political class that is widely seen as being out of touch with reality.
By firing Powell, President Trump would once and for all dispel the myth that the Federal Reserve is free from political interference.
SocialismTaxes and SpendingWorld HistoryInterventionism
Emmanuel Macron said he wanted to make France more free and more competitive. But his failed tax increase on gasoline shows just how fragile reform attempts are in France.
In 1944, Roosevelt revealed that the original Bill of Rights had “proved inadequate to assure us equality in the pursuit of happiness.” So he proposed to replace it with something far worse.
Taxes and Spending
Federal workers are paid so much more (17 percent more) than private sector workers, they could lose almost nine weeks of pay, never receive back pay, and still be better paid than their private-sector colleagues.