SNB & CHF

As this election cycle has demonstrated yet again, Democrats are not shy about calling for tax increases. In every election cycle they call for more taxes, whether through corporate taxes or through taxes on unrealized capital gains. Donald Trump, meanwhile, has pledged to cut some taxes. I say “some” because Trump has also pledged to raise taxes on imports.Nonetheless, Trump ran on the idea that he would reduce the tax burden on Americans if elected.  Unfortunately,...

2024 vs 2020 same time vs 2020 final Time 05:32 UTC 2024  Nov6 05:36 UTC Nov 4, 2020 05:32 2024 near Final (Nov 18) Overall (image from Foxnews) Overall Harris: 59,248,216 votes Trump: 63,797,332 votes Biden: 60,995,579 votes (49.8%) Trump: 59,639,660 votes (48.6%) Biden: 79,308,019 votes (51%) Trump: 73,483,233 votes (47.3%) Georgia (screen) Georgia, data Trump 2,602,408 50.78%Harris 2,483,919 48.47% Reporting: 93.13% Trump: 2,209,349...

Much has been said about the role of slavery in the history of the United States, and while that history cannot be recounted in a brief article, it is important to clarify some of the ethical principles underpinning the institution of slavery in light of contemporary debates about reparations for slavery. A number of states have expressed an intention to pay slavery reparations. For example, the New York Times reports that,Almost 200 years after slavery officially...

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

Both the current President and his predecessor claim credit for low unemployment. To what extent are recent lows in unemployment rates due to the policies of these two Presidents’ policies?There are several causes of low unemployment. First, reducing minimum wage rates lowers unemployment, mostly for teens. Higher minimum wage rates correlate with higher unemployment rates (see the next graph). The real purchasing power of the current $7.25 minimum...

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

Send us a text (https://www.buzzsprout.com/twilio/text_messages/910414/open_sms) Swissinfo talks to Herwig Shopper, former CERN director, the grandfather of the world’s most powerful particle accelerator, who helped promote peace through a Middle Eastern science hub and has his qualms about the Nobel Prize. If Herwig Schopper has learned anything during his 100 years on Earth, it’s that breakthroughs only happen when we work together. Please read here this interview and the...

The Swiss are about to vote on a government plan to expand six stretches of the country’s A1 motorway. Right-wing politicians and an employer's organisation support the plan, saying there is too much congestion on the motorways, which harms the economy. Environmental organisations organised a referendum against expansion, which they believe will lead to more traffic. They think the budget would be better spent expanding the train network. Alexandra Andrist visited a stretch of the A1...

A divided nation goes to the polls today. As we wait to find out if Kamala Harris or Donald Trump will be the next US President, here’s a snippet from an interview we did over the summer. We asked Americans living in Switzerland what they think about the polarised political climate back home. Check out SWI swissinfo.ch to read more about this and what a Trump or Harris administration could mean for Switzerland. --- swissinfo.ch is the international branch of the Swiss Broadcasting...

Overview: A nervous calm hangs over the markets as the US goes to the polls. The proximity of the presidential contest warns that the results may not been known as soon as people hope. Indeed, many fear the voting simply begins the next phase of the contest, with premature declarations of victory and disputes over votes. The dollar is in mostly narrow ranges today, but the Antipodeans and Scandis are the strongest, and the Reserve Bank of Australia kept rates on...