Legendary economist Ludwig von Mises wrote very eloquently about the dangers of socialism and how it has seeped in modern culture, even with its countless failures. In his writings “Liberty & Property,” Mises opines about the “success of socialist newspeak,” pretty much using the playbook from George Orwell “1984,” which is certainly a portrait of […]
Archives for June 2016
Teenage unemployment rate compared between blacks, whites
If this isn’t even more evidence that it’s time to abolish the minimum wage, a new chart from the American Enterprise (AEI) shows a huge gap in employment among black teens and white teens. The chart shows that the unemployment rate among black teens is 36.6 percent, while the jobless rate for white teens is […]
Currency Manipulation by U.S. is Alive and Well
By: Tommy Behnke Last month, central bankers and finance leaders from the Group of 7 (G-7) advanced economies met in Sendai to discuss the global economy at large. As expected, the United States cautioned Japan, a US currency watchlist country, to refrain from taking further steps to manipulate its currency. This warning came as a […]