Capitalism has garnered a bad reputation in recent years, despite bringing more people out of poverty than any other type of system in the history of the world. LearnLiberty has a new video out that outlines three myths of capitalism, explained by Dr. Jeffrey Miron from Harvard University. The three myths are: Pro capitalism is […]
Archives for May 2016
Central banks causing investors to lose $24 billion a year amid negative interest rates: report
Investors are losing approximately $24 billion per year because of central banks pushing interest rates to below zero in an effort to spur economic growth that hurts savers and boosts lending. According to a new report from credit analysis firm Fitch Ratings, negative interest rates are generating negative-yielding government bonds that costs investors billions of […]
Donald Trump reverses earlier position, now supports raising the minimum wage
Now that Donald Trump is the presumptive Republican Party nominee, he has begun to tergiversate on some of the issues. One of them is now the minimum wage. With a majority of Americans in favor of increasing the minimum wage, and with Trump trying to appeal to a broad base of voters, Trump says he’s […]
Securing Our Money through Currency Competition
By Jp Cortez of Sound Money Defense League Competition is a good thing. It brings out the best in athletes. It brings out the best in students. It brings out the best in companies. Since monopolies remove the positive effects of competition, however, it makes sense to reexamine one of the most detrimental monopolies that […]
Video: Bobby Knight gets into tense conversation over Donald Trump with CNN host
If there’s one thing that has been entertaining about this election cycle, it’s the fact that many of Donald Trump’s prominent supporters get into heated and tense exchanges with mainstream media hosts and interviewers. The latest one came Monday when Bobby Knight was interviewed by CNN over his support for the Republican frontrunner. It seems […]