Why Europe’s Highly Regulated Power Market Is So Bad for Growth
Despite an endless chain of monetary and fiscal stimuli, the eurozone consistently disappoints in growth and job creation. One of the reasons is demographics. No monetary and public spending stimulus can offset the impact on consumption and economic growth of an aging population,
Land banks- more pros than cons?
A land bank is an entity created by the government that helps it to manage or dispose vacant properties, vacant lands and tax-foreclosed properties so that these vacant or abandoned properties can be developed or further put to a more
If the US Wants to Beat China, Why Is It Copying China’s Socialism?
Under the Biden administration the US continued escalating the economic and geopolitical frictions with China. At the recent G7 Summit in Carbis Bay, President Biden sought to rally a “united front” against China with traditional G7 allies and new ones
Book Review – Irrational Exuberance
An economist from Yale University, Dr. Robert Shiller, in his book – “Irrational Exuberance”, provides a lucid and engaging guide to the usually impervious world of Financial Markets. The book implores the readers to view the markets from a psychological
Ratification: The Struggle For Massachusetts
As the epochal struggle for Massachusetts began, it was clear that the majority of the people of the state opposed the Constitution. Furthermore, in contrast to Pennsylvania where the Federalists had the important advantage of recently acquired control of the
Why Biden Wants a Cap on State and Local Tax Deductions
The SALT tax deduction allows state and local taxes—like property taxes—to be deducted from federal taxes. To cap it is to pave the way for the federal government to tax income twice. Original Article: "Why Biden Wants a Cap on State
Government Debt Is Starting to Look Almost as Sketchy as Payday Loans
If there is one thing every honest money-saving advisor would agree on, it's that a payday loan is a bad idea. Taking a high interest loan backed by nothing but your word to pay off your current account to fuel
Rothbard on Left, Right, and the Prospects for Liberty
Murray Rothbard's seminal 1965 essay "Left and Right: The Prospects for Liberty" reads every bit as well today as it did 50 years ago. Rothbard defines liberalism and conservatism against the backdrop of the European Old Order, and skewers the
Woodrow Wilson’s “Second Personality”
Wherever blame for the war might lie, for the immense majority of Americans in 1914 it was just another of the European horrors from which our policy of neutrality, set forth by the Founding Fathers of the Republic, had kept
This Is a Weak Jobs Recovery
The United States’s jobs recovery is extremely poor, especially if we consider the size of the monetary and fiscal stimulus and the spectacular upgrade to GDP estimates. After a massive consensus increase in GDP recovery estimates to 6.5 percent in