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On June 28, President Joe Biden took to the stage in Chicago to drum up support for his economic agenda, which his own team has taken to calling “Bidenomics.” The speech was part of a broader publicity tour, “Investing in America,” with the president and his cabinet traveling the country trying to get the American people to see Biden’s economic policies as successful and popular. In his speech, the president attacked so-called trickle-down economics, which he painted...

Overview: The US dollar's losses have been extended ahead of the June CPI. At the same time, speculation that the Bank of Japan will adjust policy later this month saw the yen extend its gains for the fifth consecutive session. Sterling made new highs since last April, while the Swiss franc has risen to its best levels in about 2 1/2 years. The Dollar Index gapped lower and through the trendline drawn off the April and May lows. The greenback has steadied a little...

Der Staat wächst unermüdlich. Wir alle werden erdrückt von immer mehr Verboten und Abgaben. Die Libertäre Partei stellt sich gegen diese Tendenzen und strebt eine freiheitliche Gesellschaft an. Wir ziehen im Herbst erneut in den Nationalratswahlkampf unter dem Motto: «Nöd haue. Nöd chlaue.» Die Libertäre Partei hat ihre ideologischen Wurzeln in der Österreichischen Schule der Nationalökonomie. Die bedeutendsten Vertreter dieser Denkschule waren Ludwig von Mises und Friedrich A. von...

Liebe Freunde der Freiheit! Das erste Freedom Festival findet neu am SA/SO, 19./20. August 2023 in Volketswil statt. Die Vorbereitung laufen auf Hochtouren 🚀 Noch 48 Tage bis zum Festival und ihr seid dabei – unglaublich! 🤩 Tickets: 🎫CHF 40.- Tagespass (SA oder SO)CHF 70.- FestivalpassCHF 15.- Kinderpass (im Alter von 12 bis 17)CHF 0.- Kinder unter 12 Jahre Call to Action: 🤝🍀An alle die noch kein Ticket haben. Lasst euch nicht die Chance entgehen, Teil des ersten Freedom...

In the pre-industrial world, aggression and physical domination were often labeled as "masculine" virtues because they were useful for survival. The rise of the cooperative market economy changed all that. Original Article: "How Capitalism Redefined Masculine Virtue" [embedded content] Tags: Featured,newsletter

Everything seems to be lining up perfectly for individual investors with Joe Biden and Kevin McCarthy making a debt ceiling deal. In fact, a sentiment poll reflects an ebullient investor class. According to an Investors Intelligence article titled "Assume the Positioning" (reprinted in Almost Daily Grant’s, June 1, 2023), “Just 23.3 percent of respondents are bearish on stocks, the lowest since January 2022, [when] the market scaled the summit of the everything...

Overview: The UK surprised with higher-than-expected consumer inflation and budget deficit, and the odds of a 50 bp hike tomorrow edged higher. Sterling has been sold on the news and is the weakest of the G10 currencies, off about 0.5%. The dollar is mixed with the euro, Swedish krona, Canadian dollar, and Swiss franc posting small gains. Emerging market currencies are lower, including the Chinese yuan, which is at new lows since last November. The Mexican peso,...

Most people agree that we are closer to nuclear war than at any time since the 1962 Cuban Missile Crisis. Some would even argue that we are closer now than we were in those fateful days, when Soviet missiles in Cuba almost triggered a nuclear war between the US and the USSR. In those days we were told that we were in a life-or-death struggle with Communism and thus could not cede a square foot of territory or the dominoes would fall one-by-one until the “Reds” ruled...

While many believe that technology is key to a growing economy, technology is useless without entrepreneurship, which develops uses for technology. Original Article: "Technology Is Meaningless without Entrepreneurship" [embedded content] Tags: Featured,newsletter

There is a sea change in how society views false accusations of sexual abuse. And it’s about time. The lawsuit John C. Depp, II v. Amber Laura Heard (2022) points to this transformation. Depp and Heard sued each other for defamation with “actual malice” over public accusations of domestic violence (DV) during their marriage; Heard also sued Depp’s attorney for making false statements. Unlike an earlier case brought by Depp in the United Kingdom, the American jury...