Student loans may be a liability on the consumer balance sheet, but they constitute an asset for Uncle Sam. Just how big? It's 45.3 percent of the total federal assets, up from 37.2 percent at the end of 2012. This is about 7 times larger than the 6.4 percent for the Total Mortgages outstanding and 4.8 times the size of Taxes Receivable.
Mises Daily Friday by Ron Paul
The US Government takes baby steps toward normal relations with Cuba. This is a good thing.
How parochial ethno-nationalist concerns perpetuate the Cuban trade embargo
In January 2014, 33 Russian rubles exchanged for 1 dollar. In December 2014, the amount has more than doubled, reaching 77.2 rubles per dollar. At the bottom of it lie the actions of the Bank of Russia.
Call for Papers for a special issue on "Business Management and Austrian Economics" in the journal BFuP - Betriebswirtschaftliche Forschung und Praxis.
Nebraska and Oklahoma think Colorado has entirely too much freedom, and they aim to put a stop to it in the federal courts.
There's a new mini-reivew of Hoppe's new book at Target Liberty.
"What Michael did was the exception, not the rule. He didn't have to do this."
