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Financial False Hope, Part 1: I Know You re Lying But, I Trust You With My Life!

Financial False Hope, Part 1: I Know You re Lying But, I Trust You With My Life!
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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Conversations with Ryan Graham Chair, Libertarian Party of Georgia, About Austro-libertarianism and Much More

Conversations with Ryan Graham Chair, Libertarian Party of Georgia, About Austro-libertarianism and Much More We three probably agree on 99% of libertarian theory. Strategy and tactics are a very different thing. We all have the same goals, we diverge virtually only on means. Best regards, Sent: Monday, December 14, 2020 3:01 PM Dear Walter, I listened to the show today and appreciate the tone of the conversation very much. It was a good conversation between two people who disagree(and not really on much). Thanks for all you do. As a side note, I often refer to your evictionism theory regarding abortion as, probably, my stance. And really appreciate the more nuanced discussion it generally elicits on the subject.

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Why Hazlitt Opposed the Bretton Woods System

The Bretton Woods plan for monetary reconstruction did not go as far as Keynes would have liked. He proposed a full-scale world central bank and a single paper currency for all nations, which he wanted to be called the bancor, so there could be no escaping inflation. That plan is still awaiting implementation. As it was, the Bretton Woods conferees, under pressure from the United States which wanted the dollar to be the bancor took a compromise position. They would create not a gold standard though it was called that for reasons of credibility but Instead a global gold dollar standard. Or, more precisely, a phony gold standard.

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Economics In One Lesson: Minimum Wage-Federal Finances Edition

Economics In One Lesson: Minimum Wage‐Federal Finances Edition SHARE The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups. That is the key takeaway from Henry Hazlitt’s classic book Economics In One Lesson. In the past week, we’ve seen a clear example of policymakers failing to appreciate that lesson when advocating for a $15 minimum wage increase. Senator Bernie Sanders (I‐Vt) is leading the legislative charge for the $15‐per‐hour federal minimum wage. But rather than just support it on the grounds of raising the pay rate of certain workers, he has previously claimed that the wage floor hike would improve the federal finances too. By increasing wage rates, he said, the federal government would need to pay out less on food stamps, public housing, and other means‐tested programs. Alo

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Inflation and Broken Windows

January 31, 2021 | Inflation and Broken Windows John Mauldin John Mauldin is a renowned financial expert, a New York Times best-selling author, and a pioneering online commentator. Each week, over 1 million readers turn to Mauldin for his penetrating view on Wall Street, global markets, and economic history. I’m often asked if I foresee inflation or deflation. This week we had an “Ask Me Anything” session for Alpha Society members and it came up several times. Both are possible in their own ways, and frankly I feel a little funny telling people I think we will see both. I would just like to have a growing economy and dependable money that holds its value.

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