The Drive for Regulatory Harmonization
Contemporary social and economic affairs take place within a bewildering complex of regulatory restrictions and requirements. Already profuse beyond comprehension, the labyrinth grows ever more extensive. In the United States, at the federal level alone, the 4,000 to 5,000 new
The Real Trickle-Down Effect: Making “Luxuries” Affordable to Regular People
Most readers are familiar with the notion of the "trickle-down effect." This caricature is usually employed by left-leaning economists to denounce tax cuts for the entrepreneurial class. Writing for the Washington Post, Christopher Ingraham tells readers that slashing tax rates
Pregnant Woman Tries to Comply with Police Orders, Then the Cop Attacks Her
Pregnant Nicole Harper was doing what she was supposed to do: she was slowing down and signaling that she was looking for a safe place to pull over. That's when a state trooper decided to flip her car over. Original Article:
Should We Fear Stablecoins?
A “stablecoin” is a cryptocurrency whose value is pegged to a fiat currency, gold, or another continuously traded asset. USD Tether (USDT) and USD Coin (USDC), the two stablecoins with the largest values in circulation, are each managed to maintain
Why Producer Prices (Like Lumber Prices) Are Rising Faster Than the CPI
“Homebuilding rebounded less than expected,” NBC reported recently, “as very expensive lumber and shortages of other materials continued to constrain builders’ ability to take advantage of an acute shortage of houses on the market.” Lumber isn’t the only material that has
The 7 Habits of Highly Effective People – A Book Review
‘The 7 Habits of Highly Effective People’ written by American educator Stephen R. Covey, is indubitably one of those few astounding books that are not just meant to be kept on the shelf but instead require us to come back
Direct Primary Care: Aligning Incentives in Healthcare
"Primary Care is about access, continuity, and responsibility." A new world of medical entrepreneurship is growing. Concierge and cash-only practices, walk-in cash clinics, medical tourism, and cost-sharing plans are just a few of the ways free-market approaches are changing the landscape.
What Canada Can Teach Us about Medical Freedom
You get what you pay for. When that is going through a bureaucrat, you are getting far less than what you pay for. A new world of medical entrepreneurship is growing. Concierge and cash-only practices, walk-in cash clinics, medical tourism, and
The Real Tax Scandal
Federal income taxes are almost entirely about control and not revenue. The byzantine rules and selective enforcement are perfectly designed to keep ordinary people with limited means in mortal fear of the IRS. Original Article: "The Real Tax Scandal" This Audio Mises
Sound Money versus Fiat Money: Effects on the Boom-Bust Cycle
According to the Austrian business cycle theory (ABCT), the boom-bust cycle emerges in response to a deviation in the market interest rate from the natural interest rate, or the equilibrium interest rate. It is held that the major cause for