Although Australia follows the same homicide trend as the US, Canada, and much of Europe, gun control advocates try to credit the improvement in Australia almost solely to a 1996 gun control law.
The Fed has given up on "normalizing" monetary policy, and it's going to keep on with its ultra-low-interest-rate policy which has led to growing inequality while also failing to drive much growth.
By tinkering with interest rates, central banks tinker with the way human beings see the present and the future, and their value systems overall.
London is a major global hub, and a hard Brexit wouldn't change that. But one of the best possible outcomes of Brexit could be a move toward real free trade beyond the faux "free trade" of the EU bloc.
The effects of inflationary currency are not limited by government borders.
MMT basically holds that governments have control of unlimited amounts of real wealth — thanks to money-printing power. But if this were really true, countries like the USSR and North Korea could simply create money until they became wealthy nations.
Before having government "guarantee" income, we should probably stop it from destroying so many jobs through regulation, first.
No economy is made better off by destroying existing resources. But that's what "cash for clunkers" tried to do, while only driving up the price of transportation for middle and lower-middle class families.
Far from making women "wage slaves," Europe's move toward urban wage work liberated both women and men from the isolation and low productivity of rural farm work.
While the US's central bank strikes a "cautiously optimistic" stance (as usual), central banks in developing countries are driven to easy money by economic uncertainty and a weakening dollar.
