Germany’s Inflation Tax and the Rising Cost of Living
If we take the tax burden and asset price inflation into account, real incomes in Germany aren't doing nearly as well as the official data suggests.
If we take the tax burden and asset price inflation into account, real incomes in Germany aren't doing nearly as well as the official data suggests.
The Swiss state should end antigold regulations, end negative interest rates, and return to zero rates on bank reserves. These are small steps on their own, perhaps, but would be progress away from the brewing mess that is the eurozone.
The concern over concentrated influence of corporate special interests is valid, but not because corporate special interests will prevent economic regulation. The problem is corporate executives consistently agitate for more government control.
President Joe Biden has vowed to put a “quick end” to the Trump administration’s Title IX regulations and return to Obama-era ones at universities. If this happens, there will be no due process for those accused of sexual misconduct.
In her history of liberalism (both classical and otherwise) Helena Rosenblatt relies on a caricature of liberals as radically individualistic and concerned only with material gain. This is an unfortunate mistake.
Protectionists are always wrong, but they're obviously wrong when it comes to "protecting" US goods from Anglosphere competition. Neither geopolitcal concerns nor fears of capital flight to "cheap labor" apply in this case.
Although it is important to recognize that massive price inflation is always the result of massive monetary inflation, there isn’t a stable relationship between the two.
Allowing short selling increases the number of people with an incentive to discover valuable information about firms’ prospects by providing an added mechanism to benefit from information that turns out to be negative. This makes markets more responsive and honest.
Suddenly the champions of stakeholder theory, like the predictably despicable Washington Post, find themselves singing a new tune about vulture capitalists, deciding that hedge fund short sellers are now the good guys.
Laws against incitement—much like defamation laws—are direct attacks on basic human rights and the freedom of speech. Both place nonviolent people in legal jeopardy merely for the "crime" of expressing opinions.