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Tag Archives: Featured

Budget Deficit Hits Monthly Record Due to Biden’s Policies

America’s “monthly federal deficit hit a record $249 billion in November—$57 billion more than the same month last year—with federal spending also hitting new heights in consecutive months, while tax revenues dropped,” reports the London Daily Mail. The deficit is $57billion higher than it was in November of 2021—which is a record-breaking year-on-year change. Federal spending is up $28billion from last year to $501billion in November 2022, according to the Treasury...

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Since Covid Lockdowns, New York Lost More of Its Population than Any Other State

Florida Governor Ron DeSantis has frequently bragged that Florida is in high demand among people looking to relocate. In a new report released this week from the Census Bureau, it seems that he's been correct. According to the Bureau's report:  After decades of rapid population increase, Florida now is the nation’s fastest-growing state for the first time since 1957, according to the U.S. Census Bureau’s Vintage 2022 population estimates released today. Florida's...

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R.G. Collingwood on the Collapse of Civilization

R.G. Collingwood, a philosopher, historian, and archaeologist who taught at Oxford in the first half of the twentieth century, was much esteemed by Ludwig von Mises, especially for his essay “Economics as a Philosophical Science” and, more generally, for his work in the philosophy of history. In this week’s column, I’d like to consider a point that Collingwood makes in his “Fascism and Nazism,” published in Philosophy in 1940, that helps us answer a vital question...

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Jeff Deist on What 2023 Portends

This week's show features a bare-knuckle discussion between Jeff and José Niño of "El Niño Speaks" on the biggest political, economic, and cultural events of 2022—and what they portend for 2023. You don't want to miss Jeff's unvarnished thoughts on the Left, the Right, the economy, and what is sure to be a turbulent New Year. Read José's Substack: josbcf.substack.com [embedded content] [embedded content]...

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Notes from the Digital Gulag

As the author of Google Archipelago: The Digital Gulag and the Simulation of Freedom, I guess I should not be surprised to find myself squarely in the digital gulag—banished, perhaps permanently, from Twitter and Facebook. Twitter permanently suspended my account several weeks ago, mere days before Elon Musk took over the helm. Although I cannot be sure, I may have been banned because I suggested that the transgender movement is part of a multipronged neo-Malthusian...

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Swiss balance of payments and international investment position: Q3 2022

Overview In the third quarter of 2022, the current account surplus amounted to CHF 24 billion – a very high figure from a long-term perspective. This was attributable to the high surplus in goods trade and the relatively low deficits in services trade and in primary income. Compared to the same quarter of 2021, however, the increase in the current account balance (CHF 2 billion) was moderate because the basis for comparison was also high. In the financial account,...

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Year End Message to Our Readers – Offline From 23rd December to 2nd January

Fintech News Switzerland would like to take this opportunity to wish all our readers a Merry Christmas and a very Happy New Year. We will be taking a break from the 23rd December 2022 to the 2nd January 2023. Until then, you can access some of our year-end articles that may be of interest to you. We look forward to seeing you all again on the 3rd January 2023! Crypto Winter Wipes Out 72,000 Bitcoin Millionaires in 2022 [embedded content] BIS: New Global Bank...

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Grover Cleveland Presented the Best Example of a True Liberal Populist

Six years after the election of Donald Trump, the Republican Party is still adrift. On the one hand, the GOP has embraced an antiestablishment and populist message. On the other hand, Republicans have not quite figured out how to balance populism with classically liberal values like constitutionalism and free markets. Indeed, populism and classical liberalism seem to be in direct conflict. Questions remain about how Republican populists will regulate (or not...

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