On YouTube, I came across a video that cites reports that reporters, analysts and economic experts making the case that Hurricane Sandy’s path of destruction is fantastic for the economy and that it could incite the growth of jobs, stimulate economic growth and do the necessary repairs that cities needed anyway. The damage perpetrated by […]
Archives for November 2012
European Central Bank publishes paper on private currencies, cites Austrian economists
Last week, the European Central Bank (ECB) released its in-depth report on Bitcoin and virtual currencies. The paper titled “The Relevance of Virtual Currency Schemes for Central Bankers,” which is the first central bank study to look at the emergence of Bitcoin, a decentralized digital currency that is the most widely used virtual currency. The […]
New book publishes little-known essays by economist Milton Friedman
As an ardent admirer of Milton Friedman and his strong intellect, it was a pleasant surprise to learn that a new book titled “The Indispensable Milton Friedman: Essays on Politics and Economics” is being published by author and Friedman biographer Lanny Ebenstein. Friedman, who would have turned 100 years old this past summer, wrote historical […]
France wants higher taxes on beer, new tax on Google
You know, just when I thought the situation in France couldn’t get any worse, President Francois Hollande just proves me wrong. It seems the socialist leader believes taxing every single item will bring prosperity, the levels of taxation he is advocating for and the actual objects he wants taxed makes me hang my head in […]
Election 2012 & The Fed: Scotty Boman says Ron Paul should be Fed Chairman
This week-long Economic Collapse News series will feature three candidates vying for a seat in the House of Representatives and Senate. Each candidate will provide his take on the Federal Reserve, their pick to replace Chairman Ben Bernanke and their view on monetary policy. Part three of our series looks at Michigan Libertarian Senate candidate […]