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Russia And China Stand In Agreement On Ukraine

 – And That Is Very Bad News For The United States

So much for "isolating" Russia.  The Chinese government is publicly siding with Russiaon the crisis in Ukraine, and that is very bad news for the United States.  Not only does it mean that the U.S. is essentially powerless to do ...

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Reads: 1537

Ukrainians and Venezuelans Demand What Their Neighbors Have: Economic Freedom

Ukrainians and Venezuelans Demand What Their Neighbors Have: Economic Freedom

The images flashing around the world of courageous freedom fighters in the streets of Kyiv, Caracas, and other cities and towns in Ukraine and Venezuela are compelling. Why are these people risking their lives? For freedom, that’s why.

And how do they know they don’t have it? Because they can see, ...

Read more: Ukrainians and Venezuelans Demand What Their Neighbors Have: Economic Freedom

Reads: 1531

Central Bankers: Inflation is God's Work

Central Bankers: Inflation is God's Work

Inflation is always somebody else’s fault. Ludwig von Mises called out finger pointing central bankers and politicians decades ago in his book, Economic Policy. “The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a ...

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Reads: 1769

The Real 'War on the Poor' Is Being Waged by Obama

The Real 'War on the Poor' Is Being Waged by Obama

Republicans in Congress are being accused of fighting a “war on the war on poverty,” in part because of a tiny cut in the food stamps program last week. Democrats charge that these “cuts” will take food from the mouths of hungry children, and they claim this is an example of how Congress has shred ...

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Reads: 1828

Europe May Be in the Calm Before the Storm

Europe May Be in the Calm Before the Storm

Analysis

Austrian business cycle theory explains that the “bust” phase of that cycle is created by extension of the cheap and plentiful credit by a fractional reserve banking (FRB) system. A FRB system is inherently fragile during the bust phase as its leverage (lending as a percentage of its own ...

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Reads: 1888

15 Reasons Why Your Food Bill Is Going To Start Soaring

15 Reasons Why Your Food Bill Is Going To Start Soaring

Did you know that the U.S. state that produces the most vegetables is going through the worst drought it has ever experienced and that the size of the total U.S. cattle herd is now the smallest that it has been since 1951?  Just the other day, a CBS News article boldly declared that "food ...

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Reads: 1873

How Special-Interest Groups Benefit from Minimum Wage Laws

Those campaigning for a substantial jump in the minimum wage all assert that the purpose is to help working families. Unfortunately, careful students of the evidence come to a different conclusion. As Mark Wilson summarized it, "evidence from a large number of academic studies suggests that minimum ...

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Reads: 1916

28 Signs That The Middle Class Is Heading Toward Extinction

28 Signs That The Middle Class Is Heading Toward Extinction

The death of the middle class in America has become so painfully obvious that now even the New York Times is doing stories about it.  Millions of middle class jobs have disappeared, incomes are steadily decreasing, the rate of homeownership has declined for eight years in a row and U.S. ...

Read more: 28 Signs That The Middle Class Is Heading Toward Extinction

Reads: 2212

The Wolves of Constitution Ave

The Wolves of Constitution Ave

Leonardo DiCaprio has been lambastedfor romanticizing the life of the real-life “wolf” he recently won best actor for at the Golden Globes. Jordan Belfort, the founder and president of New York investment banking firm Stratton Oakmont, conned small-time investors out of millions of dollars between ...

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Reads: 2182

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