Category Archives : Finance

The Markets, Currency, the Transfer of Wealth and anything else that affects your wallet.


Heads Up ~ Starting Tonight at 8 EST: Mises University

Source: https://mises.org By Jeff Deist Starting Tonight at 8 EST: Mises University   Join the Mises Institute as we welcome more than 130 students from all over the world to our Auburn campus! Mises U 2014 is a full week of Austrian scholarship that can’t be found anywhere else on the planet. Coming tonight at […]

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The economic tide.

What Disposable Income Looks Like: With And Without Government Handouts

Source: http://www.againstcronycapitalism.org By Nick Sorrentino What Disposable Income Looks Like: With And Without Government Handouts     At best we have been treading water since 2008. Check that, we’ve been treading water while the tide continues, unrelentingly  to go out. For a narrow band of households, those typically connected to Wall Street or to Washington […]


Data Delayed is Democracy Denied

Source: https://www.opensecrets.org By Bob Biersack Data Delayed is Democracy Denied   This op-ed appeared in The New York Times on July 17. Billions of dollars are being spent in the run-up to this November’s midterm elections. The Supreme Court has struck down limits on campaign spending by corporations and unions, as well as overall caps on individual […]

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(Pictured: Russian President Vladimir Putin shows off AK-47′s now banned in the United States)

Obama Executive Order Bans Sale and Importation of AK-47 Rifles

Source: http://www.shtfplan.com By Mac Slavo Obama Executive Order Bans Sale and Importation of AK-47 Rifles     A new round of sanctions by the United States targets Russia’s financial, energy and defense sectors. The Executive Order signed on Wednesday by President Barack Obama is being called  ”evil” by Prime Minister Dmitry Medvedev and bans, among other […]


The Neo-Mercantilist Hysteria Over US Trade Deficits

Source: https://mises.org By Joseph T. Salerno The Neo-Mercantilist Hysteria Over US Trade Deficits   One of the worst effects of modern Keynesian economics is that its total spending (“aggregate demand”) approach to output and employment provides a pseudo-scientific justification for the central error of mercantilism — an error that dates back to the sixteenth century. […]

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Why We’re Doomed: Interest and Debt

Source: http://www.lewrockwell.com By Charles Hugh Smith Of Two Minds.com Why We’re Doomed: Interest and Debt   Even if the economy were growing at a faster pace, it wouldn’t come close to offsetting the interest payments on our ever-expanding debt. If you want to know why the Status Quo is unsustainable, just look at interest and […]


Common Core is Crony Capitalism

Source: http://www.bcpublicrecord.com Common Core is Crony Capitalism   From Reason.com: “…the billionaire philanthropist [Bill Gates] has spent hundreds of millions of dollars promoting Common Core through the advocacy efforts of the Bill and Melinda Gates Foundation. But wait a minute—doesn’t Gates work for a pretty big computer company, or something? Oh, and doesn’t the testing component […]

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Industrial Policy Is Still a Loser

Source: https://mises.org By Stewart Dompe and Adam C. Smith Industrial Policy Is Still a Loser   Joesph Stiglitz, 2001 Nobel laureate in economics, wants to revitalize industrial policy through greater government intervention in favoring certain technologies over others. Stiglitz correctly points out the importance of learning and technological development in economic growth, citing such luminaries […]


Richard Ebeling: Free Market Capitalism vs. Crony Capitalism

Source: http://www.againstcronycapitalism.org By Nick Sorrentino Richard Ebeling: Free Market Capitalism vs. Crony Capitalism   A great explanation of the difference between the two is attached. And we agree, it is vital that the current renaissance in classically liberal thought continues to grow. Life, liberty, and property are beautiful ideas and the world would be a […]

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My Translation of Yellen’s Speech on Bank Regulation

Source: http://www.lewrockwell.com By Gary North GaryNorth.com My Translation of Yellen’s Speech on Bank Regulation   Janet Yellen gave a speech on July 2. It of course received considerable attention in the financial media. Over the years, I have dutifully provided translations of speeches by the chairmen of the Board of Governors of the Federal Reserve System […]