Swiss Economicblogs.org
Because Federal Reserve policies distort the economy and create perverse incentives, Disney also must deal with intellectual property issues. The combination of the two will ruin the Snow White story. Original Article: Thanks to the Combination of the Fed and IP, Snow White 2024 Is a Terrible Movie [embedded content]...
Read More »Don’t Fall for Biden’s Latest Talking Point
As the long-hyped Ukrainian counteroffensive against Russia stalls and a new war in Gaza draws the world’s attention, American support for funding Kyiv’s war has waned. In an effort to reverse this, the Biden administration is changing its messaging. A Politico report from last week details how White House aides are now telling members of Congress to sell Americans the lie that continuing to send money and weapons to Ukraine is good for the economy. President Joe...
Read More »Japanese Fireworks Continue as the Market Turns to the FOMC
Overview: The FOMC meeting is today's highlight but the drama in Japan continues to rivet the market. The Ministry of Finance warned of the risk of material intervention in the foreign exchange market, and the BOJ bought bonds in an unscheduled operation a day after its downgraded the 1.0% cap to a reference rate, whatever that means. The yen is trading with a slightly firmer bias. The Swiss franc is also trading a little firmer, but the other G10 currencies are a...
Read More »Gregor Rutz in den Ständerat
Für den 2. Wahlgang der Zürcher Ständeratswahlen empfiehlt die Libertäre Partei Gregor Rutz zur Wahl. Er ist ein gut vernetzter Unternehmer und wird den Wirtschaftsstandort Zürich gut vertreten. Wir fühlen uns über seine freiheitlichen Engagements mit ihm verbunden: Rutz ist im Vorstand der IG Freiheit sowie der Aktion Medienfreiheit. Er kämpft konsequent gegen Bürokratie und für tiefe Steuern. Freiheit und Unabhängigkeit stehen für ihn im Zentrum. Wählt Gregor Rutz in den Ständerat!...
Read More »How German Exports Lost the Race with China
Germany is the euro area’s economic powerhouse and most competitive economy. It accounts for close to 30 percent of the euro area gross domestic product (GDP) and has recorded sizable current account surpluses since the introduction of the euro. Substantial fiscal and labor market reforms in the early 2000s propelled the German economy. However, these golden days seem all gone now. Years of misguided energy policies—part of the government’s interventionist green...
Read More »A Rothbardian Critique of Effective Altruism
"Effective altruism" has become a buzzword with modern progressives who seek to combine state power and billionaire-funded nonprofits to redirect resources. Original Article: A Rothbardian Critique of Effective Altruism [embedded content] Tags: Featured,newsletter
Read More »China’s Inefficient and Unsustainable Central Planning
Over one hundred years ago, Ludwig von Mises wrote about the impossibility of successful rational economic planning under socialism. Yet China is still trying, even while its blend of markets and socialism results in shortages and surpluses. This article examines three contemporary initiatives spearheaded by Xi Jinping, each marked by an inherent problem: food insecurity, the aging crisis, and the real-estate bubble. Each problem was created by legislation and is...
Read More »The Inherent Evils of Centrism
Most people will claim to be political and social “moderates” yet actually accept extreme socialist viewpoints. Original Article: The Inherent Evils of Centrism [embedded content] Tags: Featured,newsletter
Read More »BOJ and China PMI Disappoint, While EMU Q2 Growth and October Inflation were Softer than Expected
Overview: The Bank of Japan softened its 1.0% cap on the 10-year, while lifting its core CPI forecast this fiscal year and next. This disappointed many who anticipated a bolder move to exit the extraordinary monetary policy. The yen was sold in disappointment and the dollar has returned to the JPY150.75 area. The eurozone contracted by 0.1% in Q3, while October CPI came in below expectations at 2.9%. The greenback is softer against most of the other G10 currencies....
Read More »Postfinance E-Commerce setzt auf Worldline’s Crypto Payment Lösung
Worldline hat in der Schweiz mit Postfinance einen wichtigen Schweizer Kunden gewonnen. Die Zahllösung Worldline Crypto Payments wird ab sofort in der E-Commerce Lösung von Postfinance angeboten. In der E-Commerce-Lösung von PostFinance „Checkout Flex“ kann zukünftig auch mit Bitcoin und Ethereum, über das Bitcoin-Lightning-Netzwerk sowie mit den Stablecoins USDC und USDT bezahlt werden. Bereits seit zwei Jahren bietet Worldline die Zahllösung Worldline Crypto...
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