If you want a sign that central planning, despite its numerous failures, in Venezuela is alive and well then you have to take a look at the latest mandate: prohibit lines outside of bakeries. According to a new report from PanAmPost, the National Superintendency of Fair Prices has implemented a policy of fining bakeries if […]
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5 random things for Friday (1.1% GDP Q2, Fed rate hike, millennials and socialism)
News Story of the Day: the second quarter gross domestic product (GDP) in the United States was revised downwards from 1.2 percent to 1.1 percent. The news was bad timing because Federal Reserve Chair Janet Yellen hinted that a rate hike may happen in September because of a strong economy. But should we really care […]
Will robots finally kill off the mail man? Switzerland testing it out
The delivery man has become obsolete. His only duties today are to deliver us junk mail, notices from the government and the occasional letter from the bank. Aside from that, the Internet has helped reduce the workload of the mail man, though unions and governments have still tried to keep them relevant (sounds like the […]
A powerful letter from the University of Chicago regarding safe spaces, trigger warnings
Universities and college campuses used to be the beacons of intellectual discourse, the champions of free speech. These academic institutions were meant to challenge every idea, every thought, every proposal to its very core. Today, they have metastasized into buildings where people are frightened of hearing speech they don’t agree with or listening to people […]
Socialist Venezuela will fire state workers who sign petition to recall Nicolas Maduro
A petition is floating around Venezuela. The petition is aimed at seeking to recall socialist President Nicolas Maduro. But if the socialist leaders get their hands on the petition then state workers could face serious repercussions. Bloomberg is reporting that a top government official stated that the petition would be handed over to government ministries […]