Defenders of the Fed have long been at a loss to explain how anyone could ever oppose the Fed and its “stimulus” programs.
Bernie Sanders and other advocates for more taxes like to note that income tax rates hit 90 percent in the 1950s. What they leave out is that few ever paid such rates and total tax revenues were about the same then as today.
Patrick Barron, an associated scholar with the Mises Institute, passes along a letter he wrote to the Philadelphia Inquirer in response to
The Drudge Report today features the headline: ”BUST: 1.1 million Americans don’t have a toilet...”
The Peronists lost in Argentina after 12 years of populist rul
Earlier this year, the Swiss central bank joined Denmark and Sweden in implementing negative interest rates.
Amazon has developed a new way to help people do easy work for a little extra cash. The jobs involve repetitive tasks that computers can't do. But, since the jobs pay below minimum wage, we're told the whole thing should be outlawed.
The Paris attacks forced the world's attention away from causes such as the plight of "white privilege" on college campuses and back to the consequences of blowback to interventionist foreign policy. Unfortunately, the political response to these atrocities have been predictable.
EU members are closing their borders across Europe, effectively redrawing the map. But this doesn't mean an end to a unified Europe. We may be seeing the prelude to the emergence of a smaller and more militaristic European Union.
