By: Frank Shostak Last Thursday, the people of Britain voted in a referendum to leave the European Union (EU). Most commentators view Britain’s exit (“Brexit”) from the European Union as bad news for economic growth in the UK and the eurozone. As a result, it is argued, the growth rate in the rest of the […]
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Video: Hillary Clinton lies for another 15 minutes straight
A couple of months ago, a video of Hillary Clinton lying for 13 minutes straight became very popular. Now, a new video of Clinton lying for 15 minutes straight could become very popular as well. It’s amazing how Clinton is still polling well despite the lies, scandals, corruption and deceit.
Happy 215th birthday Frederic Bastiat!
Today is the 215th anniversary of the birth of Frederic Bastiat. Born June 30, 1801, Bastiat was the one of the greatest classical liberal economists coming from France. He brilliantly came up with the Broken Window Fallacy, penned the hilarious satire “The Candlemaker’s Petition” and proposed to the King of France that he “forbid all loyal […]
A third of U.S. businesses would reduce staff to pay for $15 minimum wage
One of the unintended consequences of the minimum wage is that businesses would hire fewer people or reduce their workforce altogether. Unions know this so they try to cut a deal with companies and pledge to work for less if management unionizes the business. Just look at what’s happening in California (SEE: Union Hypocrisy: Los Angeles […]
Here We Go Again: Elizabeth Warren takes on Silicon Valley
Elizabeth Warren…is there anything she won’t regulate? The Massachusetts Democratic Senator delivered a speech during an event for New America, a public policy think tank in D.C., in which she claimed that, like many of the big Wall Street banks, some of the tech companies have become “too big to fail” and that something needs […]