In the United States today, home prices are rising while homeownership is on the decline. Financial analysts and real estate professionals are perplexed by this. If prices are indeed going up then there is has to be an growing demand for homes. However, if there is a large demand then why is there a paucity […]
Archives for April 2015
Did Iceland’s latest monetary reform report get it right?
In 2008, Iceland became one of the first countries in a long line of states to fall like a game of dominos. The Great Recession was an important economic and political event for both Iceland and the rest of the world. Unfortunately, we never really learned from it and the systemic causes. From 2008 to […]
Video: Walter Block on the minimum wage
Many American states and Canadian provinces are introducing higher minimum wages, responding to union and anti-poverty protesters calling for a greater living wage. The minds behind this concept say it’ll help those impoverished to do better in life. It’s complete and utter nonsense of course. Economist Walter Block does another excellent job in the video […]
Ron Paul: Real war on middle class is the welfare-warfare state
By: Ron Paul – One of the great ironies of American politics is that most politicians who talk about helping the middle class support policies that, by expanding the welfare-warfare state, are harmful to middle-class Americans. Eliminating the welfare-warfare state would benefit middle-class Americans by freeing them from exorbitant federal taxes, including the Federal Reserve’s […]
Retirement Crisis: One-third of Americans don’t have $1,000 for retirement
The economic collapse of a few years ago wiped out bank accounts, investment vehicles and retirement savings for millions of households across the United States and elsewhere around the world. Despite the so-called economic recovery, many still haven’t recuperated these losses. According to a new survey by the Employee Benefit Research Institute (EBRI) and Greenwald […]