(Disclosure: Some of the links below may be affiliate links) Today’s post is a guest post by Yasi Zhang from Fast Track, talking about the very important subject of how to manage your finances as a couple. I am very happy to have her as a guest writer today. Money is a topic most people avoid talking about, so do newlywed couples. It is awkward to discuss money with your partner, but it is an essential exercise to do together as a couple because you are building a...
Read More »Unhappy Endings: Deception Has Gone Global
Looking Behind the Labels Regardless of one’s politics, most would agree that extremely complex issues are typically given extremely misleading titles. Not all those of the extreme left, for example, are all that “woke” and not everyone on the far right, to be fair, is a “domestic terrorist.” Nevertheless, words are often misused and abused to place, as well as burry, otherwise nuanced realities behind simple phrases, as we’ve seen in everything from the “Patriot...
Read More »Average annual inflation rate for residential property in 2020 was 2.5 percent
16.02.2021 – The Swiss residential property price index (IMPI) increased in the 4th quarter 2020 compared with the previous quarter by 2.3% and reached 103.1 points (4th quarter 2019 = 100). Compared with the same quarter of the previous year, inflation was 3.1%. The average annual inflation rate for residential property in 2020 was 2.5%. These are some the results from the Federal Statistical Office (FSO). The average annual inflation rate of the IMPI for 2020 of...
Read More »The Fight over Economics Is a Fight over Culture
The Left long ago figured out how to get ordinary people interested in economic policy. The strategy is two pronged. The first part is to frame the problem as a moral problem. The second part is to make the fight over economic policy into a fight over something much bigger than economics: it’s a fight between views of what it means to be a good person. The Left knows how to make the war over economics into a war over culture. Yet when it comes to economic policy,...
Read More »FX Daily, February 15: Sterling Continues to Run Higher and US Winter Storm Gives Oil Another Boost
Swiss Franc The Euro has fallen by 0.07% to 1.0792 EUR/CHF and USD/CHF, February 15(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: US and Greater Chinese markets are closed today, but the markets are moving. Equities are bid. The Nikkei led the Asia Pacific region with a 2% gain and pushed above 30000 for the first time since 1990. Korea’s Kospi advanced 1.5%, and Australia’s ASX tacked on 1%. The Dow Jones...
Read More »Understanding Minimum Wage Mandates: Empirical Studies Aren’t Enough
It is only through the increase in capital goods, i.e., through the enhancement and the expansion of the infrastructure, that labor can become more productive and earn a higher hourly wage. Original Article: “Understanding Minimum Wage Mandates: Empirical Studies Aren’t Enough” This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. President Joe Biden has promised to raise the minimum wage from $7.25 to $15 per hour. Some...
Read More »Report shows slump in foreign investment in Swiss real estate
View of the Europaalle urban development in Zurich on April 12, 2019. © Keystone / Christian Beutler The share of foreign investment in Swiss commercial real estate fell from 15% before 2011 to 5% between 2017 and 2019, according to new research. The issue of foreigners buying cheap Swiss property during the Covid-19 pandemic is being discussed in Bern. Foreign investment in commercial buildings in Switzerland reached CHF750 million ($841 million) a year, or an...
Read More »Bezirk ist von den Ausreiseverboten besonders betroffen
AUSSERFERN (rei). Wer glaubte, dass mit den Lockerungen in Österreich das Leben in Zeiten der Pandemie einfacher wird, musste in den vergangenen Tagen miterleben, dass das Gegenteil der Fall ist. Jedenfalls in Tirol. Das Land ist abgeschottet, bzw. eingeriegelt. Das Außerfern als Grenzbezirk ist besonders betroffen. Glaube Sie, dass sich die Situation rund um die Coronamaßnahmen rasch ändern wird? Wer innerösterreichisch nach Vorarlberg oder Salzburg ausreisen will,...
Read More »In One Image, Everything You Need to Know about Government Intervention
by Daniel Mitchell While I freely self-identify as a libertarian, I don’t think of myself as a philosophical ideologue. Instead, I’m someone who likes digging into data to determine the impact of government policy. US Consumer Goods and Services, Wages Price Change, 2000 - 2020 - Click to enlarge And because I’ve repeatedly noticed that more government almost always leads to worse outcomes, I’ve become a practical ideologue. In other words,...
Read More »The Depression of the 1780s and the Banking Struggle
[Chapter 2 of Rothbard’s newly edited and released Conceived in Liberty, vol. 5, The New Republic: 1784–1791.] It has been alleged—from that day to this—that the depression which hit the United States, especially the commercial cities, was caused by “excessive” imports by Americans beginning in 1783. But this kind of pseudo-explanation merely betrays ignorance of economics: a boom in imports reflects voluntary choices and economic improvement by consumers, and this...
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