Tag Archives: Featured

Keystone-SDA Listen to the article Listening the article Toggle language selector...

The First Amendment: Essays on the Imperative of Intellectual Freedomby Tara Smith, Onkar Ghate, Gregory Salmieri, and Elan JournoAyn Rand Institute Press, 2024418 pp.What is the source of human rights? Are they derived from man’s nature, or are they simply privileges that the government grants to its citizens? Or is some intermediate view also an option? According to Murray Rothbard and Ayn Rand, the first of these positions is correct.Tara Smith—the principal...

[A simplified video version of this article is available here.]According to the most recent report from the federal government’s Bureau of Labor Statistics, the US economy added 142,000 jobs during August while the unemployment rate fell slightly to 4.2 percent. Since the highly disappointing July jobs report, media reports on the state of the job market have become far less positive. This report was described by CNN as “mixed news.” Yet, the employment situation has...

Overview: The US jobs report is front and center. The market is going into the report with about a 40% chance of a 50 bp Fed rate cut later this month. The Dollar Index is trading lower for the third consecutive session. Helped by the fifth consecutive decline in US 10-year yields, the yen approached last month's high but without the turmoil seen in July and August. Still, equity markets are under pressure. Most large markets in the Asia Pacific region fell. Taiwan...

It certainly seems that technological advances make our lives better. Instead of writing a letter, stamping it, and mailing it (which was vastly more personal), we now send emails. Rather than driving to a local retailer or manufacturer, we order it online. Of course, we mustn’t dismiss the rise of social media, which connects us to everyone and everything more than ever. Economists and experts have long argued that technological advances drive U.S. economic...

On November 30, 2022, ChatGPT was made available to the general public, and the world was forever changed. While many had prophesied about the potential impact of Artificial Intelligence (AI) for years, ChatGPT gave us the first glimpse into an AI-powered future. The novelty of OpenAI’s creation propelled interest in AI into the stratosphere, while at the same time reigniting concerns about the impact of AI on the economy. One can easily imagine a “nightmare”...

• Branche rätselt über Krypto-Strategien von Kamala Harris <br> • Harris signalisiert Bereitschaft zur Krypto-Förderung <br> • Kritiker warnen: Alles nur vorgetäuschtes Wahlkampfmanöver? <br> <!-- sh_cad_1 --> Laut <!--#BNL#topicId#98-->Donald Trump<!--#ENL--> werde ein Wahlsieg der demokratischen Kandidatin Kamala Harris bei den... [embedded content]...

A study from The Federal Reserve Bank of San Francisco claims that most of the price inflation that plagued the US economy over the past few years was due to global supply chain disruptions, due to the Covid-19 pandemic. Is this a valid study, or an attempt by the Fed to evade responsibility for our recent economic troubles?There are several problems with this study. First, this study aims at establishing a correlation between supply chain disruptions and “above...

In a recent interview with CNN, Kamala Harris said that Bidenomics is working and that she is “proud of bringing inflation down.”However, the Bureau of Labor Statistics published the latest CPI at 2.9%, despite annual inflation being 1.4% when she took office. Inflation is a disguised tax and accumulated inflation since January 2021, when the Biden-Harris administration started, has increased more than 20%.Of course, Democrats blame inflation on the war, the...

The central problem with government economic policies is that many bad economic policies are politically advantageous. Hence, politicians enact policies that many of them know don’t work just to stay in power. Price controls are bad economic policy. Democrat Presidential candidate Kamala Harris wants to empower the Federal Trade Commission to stop “food price gouging” with what would amount to price ceilings.Price ceilings cause shortages of goods and wasteful...