The preeminent libertarian thinker Robert Wenzel is out with a new book titled Foundations of Private Property Society Theory: Anarchism for the Civilized Person. It explores a society without the government and only private property. The idea is intriguing and is worth discussing. Over at LibertyNation.com, Wenzel talked about his book, pushbacks against the premise, legendary […]
Austrian Economics
Nouriel Roubini says ‘everybody is a loser’ in a trade war – there’s more to it
The trade war is just heating up, and it seems like President Donald Trump is prepared to weather the economic storm. He seems intent on staying the course, despite the number of people who are warning about the risks associated with protectionist policies and other 18th-century mercantliist endeavors. Economist Nouriel Roubini is one of these […]
Week in Review: April 2 to April 8
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: TRADE WAR: China retaliates with tariffs on 128 U.S. products, totals $3 billion Economic Storm Clouds Gather, but Ending the Fed Provides Hope #IStandwithLaura: Backlash may be brewing […]
How Canada passed universal healthcare
By: Lee Friday Tom Kent was the senior government policy person in Canada when the Medical Care Act was passed in 1966. Kent described the impetus to universal health care: “…many poorer people just did not get care when it was needed.” A year earlier, U.S. legislation created Medicare and Medicaid, which did not constitute universal […]
Random Friday: March jobs report, trade war, blacks empowering blacks
News Story of the Day: the March labor data is in…and it’s not really pretty. According to the Bureau of Economic Analysis (BEA), the national economy added 109,000 jobs, which is less than the estimate of 185,000. The retreat in massive job creation stems from a reversal in construction and retail, two industries that shed […]