California’s Crony Capitalist Minimum Wage Law
California’s draconian fast-food minimum wage law is bad enough, but it turns out a company can avoid the trouble if it has ties to the governor.
California’s draconian fast-food minimum wage law is bad enough, but it turns out a company can avoid the trouble if it has ties to the governor.
Contrary to popular opinion, bank capital is not a reserve to cover potential losses. In fact, even the ill-fated Silicon Valley Bank had adequate bank capital before it collapsed.
While the ruling elites decry populism, what they don't say is that populism has arisen precisely because the ruling classes have done everything they could to diminish freedom.
"Carl Menger’s writings are the closest to Randian doctrines that have ever emanated from any economist. It will follow that we should read and reread his great books."
Since August 2023, total part-time jobs has increased by 1.4 million. During the same period, full-time jobs fell by more than 1.3 million.
Inflation and artificial money creation through deficits and monetization are a gradual transfer of wealth from working people to the government.
While modern academic and media culture portray black Africans as victims only of Europeans, the history of the African slave trade is much more complicated than historians and journalists want us to believe.
For the past fifty years, Nigeria’s government has required young people to “serve” for a year under the National Youth Service Corp. This more resembles slavery than service.
What happens when war shuts down the Strait of Hormuz? What about the Panama Canal, the Suez Canal, and Baltimore harbor?
Bolivia has been mired in poverty, hyperinflation, and state control of the economy for generations. It is time for a change, and the Alasitas Fair is leading the way.