EconPop is out with its latest video “The Economics of RoboCop.” Host Andrew Heaton looks at the age old question of when should a private company deliver public goods. As always, the fellows at EconStories offer a thought-provoking take on economic matters and dispels the usual myths surrounding these types of issues.
Archives for March 2015
Greece is getting desperate – Government demands German WWII reparations
The Greek government is really getting desperate, especially considering that it is seeking out another financial bailout from the eurozone and the International Monetary Fund. It is becoming so desperate for money that it is resorting to its history of Nazi occupation of its land. Greek Justice Minister Nikos Paraskevopoulos spoke in Parliament threatening to […]
Ron Paul: ‘Fed has operated in secrecy’ to benefit elites, hurt the people
Over the past couple of months, Kentucky Senator and possible 2016 presidential candidate Rand Paul has been vehemently criticized for his re-introduction of the “Audit the Fed” legislation. From Democratic Senators to the United States central bank itself, opponents say it reduces the independence of the Federal Reserve, politicizes monetary policy and potentially ends the […]
Venezuela to install fingerprint scanners to combat ‘hoarding and panic buying’
Over the weekend, the Venezuelan government announced that it would be installing approximately 20,000 fingerprint scanners at all supermarkets across the country. The purpose of this initiative is to eviscerate hoarding and panic buying as the nation’s price controls have led to widespread shortages of the most basic needs. Venezuela has been introducing a rationing […]
Study: 2015’s best, worst run cities in U.S.
Government isn’t exactly the depiction of competence, wise judgment and fiscal prudence. No, government at any level is consumed with ineptness, financial mismanagement and seeking out problems to incorrectly solve. WalletHub released a new study that looked at this year’s best and worst run cities in the United States. The financial social media outlet wanted […]