(This is a new series Economic Collapse News will be running every Tuesday. Let us know what you think in the comments section.) Here are eight stories to read today. 1. Henry Hazlitt’s 1949 Review of ‘Human Action’ 2. Debt-to-income ratio ticks up to 164.6%, StatsCan reports 3. Fiscal watchdog questions Cuomo’s minimum wage push […]
Archives for September 2015
I Love Taxes: 2016 Republican presidential candidates offering their own tax schemes
To those who aren’t political junkies, the Republican Party is viewed as the party that wants to dismantle government, slash taxes to zero and leave everyone to die on their own without the aid of the state. This viewpoint is incorrect. Akin to their counterparts on the other side of the aisle, the GOP is […]
Renowned economist Walter Williams asks the question: is capitalism moral?
Renowned economist Walter Williams is out with a new video asking the question: are capitalism and free markets moral? The capitalist economic system, which has lifted more people out of poverty than any other system in recorded history, is often the subject of ridicule from politicians, college campuses and unions. But how can a system […]
Donald Trump says Hillary Clinton, Jeb Bush bought by hedge funds
Donald Trump, the billionaire real estate mogul and Republican Party frontunner, told CBS News this past weekend that Jeb Bush and Hillary Clinton are bought by the major hedge funds in the United States. For all of the things Trump says, he may not be necessarily wrong on this one. This past summer, we reported […]
Benefits of basic income guarantee vs. welfare state (video)
Since 2013, there has been widespread support for a basic income guarantee. This would be money provided to you for just breathing. It would aim to replace the current monstrous, bureaucratic, costly and wasteful welfare state. The United States spends $1 trillion per year on welfare, and the results haven’t been good. So why not […]