Finance

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


Chavista Socialism Has Destroyed 570,000 Businesses in Venezuela

Chavista Socialism Has Destroyed 570,000 Businesses in Venezuela

By Against Crony Capitalism January 12, 2017   Chavista Socialism Has Destroyed 570,000 Businesses in Venezuela     Many socialists honestly believe that massive state control is the best way forward. They want to believe that humans can engineer heaven on earth. They fear the market and love the totalitarian hand of the state. Why? […]


The “Curse” of Labor-Saving Machinery Is Nothing New

By Brittany Hunter Mises Institute January 12, 2017   The “Curse” of Labor-Saving Machinery Is Nothing New   At the end of last year, Amazon unveiled, “Amazon Go,” a futuristic, fully-automated convenience store set to open its doors in Seattle, Washington, within the next few months. While this exciting new venture promises to make quick-stop […]

The "Curse" of Labor-Saving Machinery Is Nothing New

Chicago, New York in Worst Financial Shape Among Large US Cities

Chicago, New York in Worst Financial Shape Among Large US Cities

By Against Crony Capitalism January 11, 2017   Chicago, New York in Worst Financial Shape Among Large US Cities     (From The Financial Times)   Chicago and New York rank at the bottom of a new analysis of fiscal strength based primarily on data from 2015 financial reports issued by the cities themselves. The […]


Money Supply Growth Accelerates in Late 2016

By Ryan McMaken Mises Institute January 9, 2017   Money-Supply Growth Accelerates in Late 2016   The supply of US dollars accelerated during late 2016 with October’s year-over-year percentage increase in the money supply hitting a 46-month high of 11.2 percent. The YOY growth rate fell slightly to 10.3 percent in November. This comes after a […]

Money-Supply Growth Accelerates in Late 2016

It’s A Retail Apocalypse: Sears, Macy’s And The Limited Are All Closing Stores

It’s A Retail Apocalypse: Sears, Macy’s And The Limited Are All Closing Stores

By Michael Snyder Economic Collapse Blog January 9, 2017   It’s A Retail Apocalypse: Sears, Macy’s And The Limited Are All Closing Stores     It has only been two weeks since Christmas, and already we are witnessing a stunning bloodbath of store closings.  Macy’s shocked the retail industry by announcing that they will be […]


Top Five Monetary Policy Issues To Watch In 2017

By Paul-Martin Foss Carl Menger Center January 7, 2017   Top Five Monetary Policy Issues To Watch In 2017   With a new year come new opportunities as well as new issues to take into consideration. Here are the five most important issues to keep an eye on in 2017. 1. Trump Presidency The most […]

Top Five Monetary Policy Issues To Watch In 2017

John Williams: The Federal Government's Fake News

John Williams: The Federal Government’s Fake News

By Mises Institute January 7, 2017   John Williams: The Federal Government’s Fake News     Statistics issued by the federal government about the economy—from CPI to GDP—are fake, and our guest John Williams of Shadowstats.com explains how and why. John is a vocal critic of modern economic reporting, which is manipulated to make the […]


Climate Change: The Government’s Best Revenue Stream Since War and Taxes

By Daisy Luther DaisyLuther.com January 7, 2017   Climate Change: The Government’s Best Revenue Stream Since War and Taxes     No one knows how to profit from scaring the pants off of people quite like the government. And they don’t even need an actual threat to make it happen. Take “climate change” and “global warming” […]

Climate Change: The Government’s Best Revenue Stream Since War and Taxes

Trump must slay the ‘sacred cow’ of the budget: Defense spending

Trump must slay the ‘sacred cow’ of the budget: Defense spending

By Against Crony Capitalism January 6, 2017   Trump must slay the ‘sacred cow’ of the budget: Defense spending     Sharpen the knives and get to it. It is WAY past time. The Pentagon is filled to the gills with cronies and crony capitalism. And Republicans have encouraged this “waste and abuse” – this […]


What Puerto Rico Can Teach Us About the Minimum Wage

By Brittany Hunter Mises Institute January 6, 2017   What Puerto Rico Can Teach Us About the Minimum Wage   This week, twenty states began implementing minimum wage increases that were passed during 2016. As the country waits to see how these increased wages this will affect the economy, the U.S. territories have already provided us with a grim example. After the 2007 Fair Minimum Wage Act […]

What Puerto Rico Can Teach Us About the Minimum Wage

Dr. Paul Craig Roberts

Can Trump Fix The Economy In 2017?

By Dr. Paul Craig Roberts Paul Craig Roberts.org January 5, 2017   Can Trump Fix The Economy In 2017? In the West Junk Information And Junk Judgment Prevail   The Western world and that part of the world that partakes of Western explanations live in a fictional world. We see this everywhere we look—in the alleged […]


Money Creation and the Boom-Bust Cycle

By Frank Shostak Mises Institute January 4, 2017   Money Creation and the Boom-Bust Cycle   In his various writings, Murray Rothbard argued that in a free market economy that operates on a gold standard the creation of credit that is not fully backed up by gold (fractional-reserve banking) sets in motion the menace of the boom-bust cycle. […]


Do Central Bankers Know a Bubble When They See One?

Do Central Bankers Know a Bubble When They See One?

By Peter Schmidt Mises Institute January 3, 2017   Do Central Bankers Know a Bubble When They See One?   Between 2000 and 2008, two of the largest financial bubbles in history — in technology stocks and housing, respectively — suffered spectacular collapses. Opinions vary, but some market commentators believe at the peak of the tech bubble, total stock […]


U.S. Healthcare Is A Global Outlier (And Not In A Good Way)

By Tyler Durden ZeroHedge.com January 2, 2017   U.S. Healthcare Is A Global Outlier (And Not In A Good Way)   Historically, the United States has spent more money than any other country on healthcare. In the late 1990s, for example, the U.S. spent roughly 13% of GDP on healthcare, compared to about a 9.5% […]

U.S. Healthcare Is A Global Outlier (And Not In A Good Way)