A near 30-minute interview of Bernard Levin speaking with Austrian Economist Friedrich Hayek regarding justice, liberty and the misconceptions of economics. It’s a very interesting interview and just as compelling as Hayek’s interviews with William F. Buckley. Enjoy!
Archives for January 2013
U.S. celebrates 100th anniversary of the income tax on Feb. 3
The United States is embarking on a 100th anniversary of the 16th Amendment that allows the Congress to levy an income tax. The U.S. has repeatedly attempted to implement an income tax throughout its history prior to the ratification on Feb. 3, 1913, the same year the Federal Reserve Act was passed. “The Congress shall […]
Report finds 37% of college graduates in jobs that only need high school diploma
Economic Collapse News has reported on the dangers and costs associated with post-secondary education. There have been reports that more than 5,000 PhDs are working as janitors, while some students are turning to stripping or sugar daddies. A new report by the Center for College Affordability and Productivity shows that people who are trying to […]
New York City soda ban will hurt minority-owned businesses: report
CNN published a report Friday that notes New York City’s ban on sodas more than 16 ounces will hurt minority-owned small businesses. The article cited the NAACP and the Hispanic Federation, which are supporting the American Beverage Association’s lawsuit against the city. In their jointly-filed amicus brief, the groups argued that minority-owned small businesses will […]
Americans expected to save less in 2013 economic collapse due to tax hikes
The fiscal cliff deal, otherwise known as the American Taxpayer Relief Act of 2012 (ATRA), debate that transpired this month between President Barack Obama and the Republican leadership generated a lot of media buzz regarding taxes and spending. The agreed deal will see an increase in taxes not just for the affluent but also everyone […]