A young college woman is raped by a man. No justice is found because the rapist is an otherwise “promising young man” with a future ahead of him. His victim is merely a blip on his sterling professional conduct. Those who witnessed or were aware of the rape pretend as...
One of the hallmarks of authoritarian countries is that the media is state-run or under the direct supervision or control of the government. The Xinhua News Agency is the official state news agency in China. Al-Akhbar, Al-Ahram, and Al-Gomhuriya are state-owned...
The election year of 1968 was a tumultuous one marked by the assassinations of Sen. Robert Kennedy and civil rights leader Martin Luther King, urban race riots, college antiwar demonstrations, and a Democratic National Convention that saw the Chicago police and the...
The 2018 Farm Bill is due to expire this year, and U.S. lawmakers have already begun working out the next version. This food-related omnibus bill was introduced ninety years ago as a “temporary” measure during the Great Depression. It’s been reauthorized by Congress...
The failure of Silicon Valley Bank (SVB) on March 10 was the second largest bank failure in U.S. history. Just two days following SVB’s collapse, Signature Bank joined the record books as the third largest bank failure in U.S. history. First Republic Bank also seemed...
In environments where there's a lot of competition, people tend to lie out their ass and you can apply this to any competitive situation. Take capitalism. As industrialization took full effect, the Federal Government had to interfere because there was so much false...
Some big, round-numbered interest rate thresholds have been passed in recent days including 4.0% on the 10-year UST, 5.0% on the 2-year UST and 7.0% on the 30-year mortgage. These all come at the end of extended round trips, of course, so the question at hand is how...
Now you see it...maybe soon you won’t. Over the last year, the seeming ability of stock values of many technology companies to keep rising forever met resistance. This was true even for the major technology companies known collectively as “big tech.” During the last...
https://youtu.be/vyLrkqHuQf4 There exist two blatant contradictions which roughly ninety-nine percent of intellectuals, journalists, and voters erroneously believe. On the one hand, they say that the free market must be regulated in order to prevent monopolies. It is...
The left and right-wings of economic thought spend much of their energy trying to refute each other, but an integration of both perspectives might be worth considering. The right-wing of economic thought has conclusively demonstrated that the value creating ability of...
A group of House Republicans is supporting legislation that would replace federal income, payroll, estate, and gift taxes with a 30 percent national sales tax. The bill also eliminates the Internal Revenue Service, giving states the responsibility to collect the sales...
Whether you like it or not, central bank digital currencies (CBDCs) are coming. That’s the message in a recent tech column in the Wall Street Journal. A similar tone can be found coming from organizations like the World Economic Forum, the International Monetary Fund,...
This article has been reprinted with permission from Fake Noûs, the official Substack of Michael Huemer. Here, I explain the anarcho-capitalist solution to the basic social problem (from fakenous): Recap from two previous posts: - The basic problem of human...
This week the U.S. government reached its 31.4 trillion dollars borrowing limit, better known as the “debt ceiling.” This led to a showdown among House Republicans, President Biden, and congressional Democrats. House Republicans are demanding that President Biden and...
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