California is now the most taxed and regulated state in the nation. Not surprisingly, life here is becoming less affordable, and less profitable.
Protectionism and Free Trade
In a globalized world, nearly every product or service relies on products and services from somewhere else.
Taxes and Spending
Most everyone dislikes being taxed to pay for government. So governments turn to borrowing and printing money. But those methods aren't really any less costly than taxation.
One reason Congress keeps throwing money at the F-35: There are 1,400 subcontractors for the F-35 program, spread out over 307 congressional districts in 45 States.
Money and BanksMoney and Banking
In Christine Lagarde and Philip Lane, the EU has two new central bankers who will push the limits of what central banks can do.
The EntrepreneurEntrepreneurshipHistory of the Austrian School of Economics
There is a field where Austrians are being heard and where Austrian theory is tremendously influential, and that field is dynamic entrepreneurial capitalism.