By: Patrick Barron When Britons voted on June 23, 2016 on whether or not to leave the EU there was no discussion of a “hard or soft Brexit”. These terms were invented after Brexit passed by a surprisingly large margin and the mostly anti-Brexit Tory Party government, especially its leadership, decided that it needed to […]
Austrian Economics
WATCH: Robert Wenzel talks difference between socialism, democratic socialism
Everyone is a socialist! That’s what the mainstream media is telling us, with reports that socialism is growing in popularity and support for capitalism declining. But is this a socialist world and we’re just living in it? Robert Wenzel is out with a new video that first explains the difference between socialism and democratic socialism. […]
Reparations for Slavery: How much would it cost and how would it work?
By: Andrew Moran It is an uncomfortable truth for all mankind to realize that slavery was an accepted and unquestioned institution for thousands of years. Yet, it is even more unbearable for the anointed to understand that enslavement was not just concentrated in white America, or that blacks were not the only victims of this tragic practice. […]
Week in Review: March 11 to March 17
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: Jerome Powell plans to complete full term, says Trump was not factor in rate pause 2020 Dem candidate wants reparations for descendants of slaves The AOC-Bill Gates alliance […]
Capital investment is the greatest type of charity
By: C. Jay Engel In our time of rising socialistic rhetoric and indignation against those who have great levels of wealth, we also encounter the idea that the use of wealth for charitable purposes is better for society, perhaps even more moral, than the use of wealth for business development and capital investment. Few interpretations […]