In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: Caterpillar, Coca-Cola to raise prices amid Trump tariffs REPORT: More millennials still living at home Doug Ford wants to slash Toronto city council in half – and that’s […]
Archives for August 2018
Random Friday: Glenn Jacobs wins, Walter Block on bailouts, shrinking government is racist
News Story of the Day: It’s Kane! It’s Kane! It’s Kane! Glenn Jacobs, also known as Kane from the WWE, won his bid for mayor of Knox County. He won with two-thirds of the vote, defeating his Democrat rival, Linda Haney. Although he ran as a Republican, Jacobs is a well-known libertarian. “But this professional […]
Are trade deficits associated with higher levels of employment?
For years, even among eminent libertarians, it has been argued that trade deficits are associated with higher levels of unemployment. But is this true? The American Enterprise Institute (AEI) put together this chart that shows trade deficits are really connected with higher levels of employment. More from AEI: The chart above shows graphically the close […]
NOT REAL SOCIALISM: Venezuela’s Nicolas Maduro admits socialism has failed
Well, you can officially add Venezuela to the long list of failed socialist experiments throughout history. President Nicolas Maduro conceded in an address to congress that his socialist economic policies have failed. Considering that there is a widespread food shortage, a lack of medicine, and nationwide poverty, it’s a case of too little too late. […]
#TOXIT: Mayoral candidate wants Toronto to secede from Ontario
The Toronto municipal election is in a couple of months, and a whole host of candidates have filed their papers to run for the top job in the Big Smoke. But one candidate is making headlines for a bold proposal: seceding from the province of Ontario. Jennifer Keesmaat, Toronto’s former chief planner and left-leaning mayoral […]