By: George Pickering With more than a decade having passed since the financial crisis of 2007/8, the mainstream economics profession still seems to be almost as far from agreeing on the ultimate causes of that crisis as they were from being able to foresee its arrival back in the mid-2000’s. If asked about the causes […]
Archives for February 2019
More Americans have high-speed Internet than ever before even without net neutrality
When the federal government ended net neutrality, statists declared this was the end of the world. Moving forward, nobody was going to have access to the Internet anymore, it was going to cost you to access every website, and somehow civilization as we know it was coming to an end. Has this been the case without […]
A Dutch historian gains overnight fame for … demanding higher taxes
A Dutch historian has become an overnight sensation for two appearances, one in Davos and the other on Tucker Carlson’s Fox News program. Both were instances of becoming famous for nothing at all. Earlier this month, Rutger Bregman spoke as part of a World Economic Forum panel in which he used his platform to attack […]
New York City’s $15 minimum wage slashes restaurant employment
Well, duh… On December 31, 2018, New York City raised the minimum wage to $15 per hour, which represents a 36.4 percent increase from two years ago. Of course, the consequences are already happening: price hikes, reduction in hours, cut services, boosting workload for current staff, and job losses. The American Enterprise Institute (AEI) put […]
RETIREMENT CRISIS: Student loans added to debt pile for seniors
By: Andrew Moran There’s a retirement crisis in America today. The national savings rate is at a putrid 3%, consumer debt levels are hitting all-time highs, and stock portfolios are shedding their value amid the popping market bubble. When you factor in the collapse of public pension systems and Social Security nearing insolvency, it’s going to be a grim […]