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SNB & CHF

Elevating Workplace Culture by Celebrating Employees

Celebrating individual and team successes and encouraging team bonding are among the best ways of improving workplace culture. Employees who feel appreciated regardless of the team they are in are more likely to be highly productive, ensure their team succeeds, and be more motivated and energetic in the workplace. Here are a few ways your business can celebrate successes, make employees feel appreciated, and elevate company culture. Celebrate Milestones and...

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How Conscription Ended Fifty Years Ago

United States military conscription, or the draft, ended on January 27, 1973, with the winding down of the Vietnam War. The draft law was due to expire at the end of June 1971. But US President Richard Nixon decided it needed to continue and asked Congress to approve a two-year extension. In March 1973, 1974, and 1975, the Selective Service assigned draft priority numbers for all men born in 1954, 1955, and 1956, in case the draft was extended—but it never was. Nixon...

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The United States vs. Donald J. Trump

Trump is essentially being prosecuted for questioning the outcome of an election, and federal paranoia about protecting its own aura of legitimacy is entering a new highly aggressive phase.  Original Article: "The United States vs. Donald J. Trump" [embedded content] Tags: Featured,newsletter

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Economic Calculation Is Nonbinary

One of Ludwig von Mises’s important contributions to economics was demonstrating the impossibility of economic calculation under socialism. He did it by showing three necessary preconditions for the generation of meaningful market prices in the factors of production—private property, freedom of exchange, and sound money. Since socialism would, by definition, socialize the factors of production, there would be no nonarbitrary and meaningful way to calculate the prices...

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Dollar Comes Back Bid

Overview: The US dollar is recovering today after it was sold following the jobs report before the weekend. It is enjoying a firmer bias against nearly all the G10 currencies. The dollar-bloc is faring best, while the Scandis are off close to 0.5%. Most emerging market currencies are also softer, with only a few Asian currencies edging higher today, including the South Korean won, Indian rupee, and Taiwanese dollar. With a stronger dollar and firmer interest rates,...

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Outside the Universe?

David Gordon take a critical look at Markus Gabriel's Moral Progress in Dark Times, and although he finds parts that are disturbing, he also discovers important areas of agreement. Original Article: "Outside the Universe?" [embedded content] Tags: Featured,newsletter

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Week Ahead: Is the Dollar’s Run since Mid-July Over?

The US and China report July CPI figures in the coming days and they are likely moving in opposite directions. Headline US CPI is likely to rise for the first time since peaking in June 2022. China's CPI has been slowing and is likely to go negative on a year-over-year basis. It finished last year at 1.8% and in June was unchanged year-over-year. The divergence of policy is what is driving force of the exchange rate, and the    question is not really so much why the...

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