The flood of obituaries that noted the passing of Paul Volcker (1927–2019) last week have almost all lauded his achievement as Fed chair (1979–1987) in reining in the double-digit inflation that ravaged the US economy during the 1970s. Volcker was referred to as the...
In order to establish the state of the economy, economists employ various theories. Yet what are the criteria for how they decide whether the theory employed is helpful in ascertaining the facts of reality? According to the popular way of thinking, our knowledge of...
The New Jersey Assembly unanimously passed a bill late Monday that would shine a light on “civil forfeiture,” which lets law enforcement seize property without ever charging the owner with a crime. In New Jersey, once property is forfeited, the government can then...
A North Carolina doctor suing the state to overturn a law preventing him from providing affordable MRI scans to patients recently won a small victory in court. In late November, a Wake County Superior Court judge ruled that Dr. Gajendra Singh’s challenge of North...
It's a matter of national security! CNBC: "How a tiny flatware manufacturer in upstate New York could win big from $738 billion defense bill": “Manufacturing in general is a strategic asset for our country,” Roberts said. “If you can’t make things, you rely on other...
“We were devoid of a fundamental understanding of Afghanistan. We didn’t know what we were doing.” So said Gen. Douglas Lute, who oversaw the US war on Afghanistan under Presidents Bush and Obama. Eighteen years into the longest war in US history, we are finally...
Laurie Laughlin, the lady from Full House, and her husband, clothing designer Something Mossimo, are being prosecuted by the feds for bribing their kid's way into USC. She now says the feds are hiding exculpatory evidence showing she thought the half-million was the...
Democratic presidential candidate Elizabeth Warren has had a long-standing call for a 2% wealth tax on any individuals with a net worth exceeding $50 million, and a 3% tax on wealth exceeding $1 billion. Yet when pressed on how to pay for her “Medicare for All” plan,...
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