Economy

The conservative case for cryptocurrency

If you listen to defenders of the US dollar, you might get the idea that cryptocurrencies are only good for funding terrorism and hard drugs. And when you consider that cryptocurrencies represent a pretty clear break with tradition, a conservative might be inclined to stick with what’s familiar. Article by Max Borders from FEE. That’s understandable. One of...

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The Feds are pushing pension funds toward ‘socially responsible investing’

Environmental, social, and governance (ESG) investing, although rooted in an older concept known as “socially responsible investing,” has been more and more on the rise in recent years. Predictably, the Biden administration has paved the way for the Department of Labor (DOL) to pivot from Trump-era rulemaking and alter its approach to ESG-based regulation. Article by Mary Malone from...

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Republicans slam ‘hypocritical’ Biden for funneling $13 million through tax loopholes

President Biden has come under fire by House Republicans for 'hypocritically' using an IRS loophole to avoid paying taxes on $13 million in income for tax years 2017 and 2018, while slamming wealthy Americans for using similar schemes to minimize their tax burden, according to Fox News. Article from Zero Hedge. In a scathing letter from the leader of a House...

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The so-called ‘infrastructure’ plan is just a foundation for MMT and the Green New Deal

There's a narrative being quietly pressed around Washington DC among Democrats and even a few Republicans. Nobody's talking about it in its proper terms to the press, but quietly The Swamp is preparing to make the $2 trillion infrastructure a bipartisan effort for reasons neither side will acknowledge. On the surface, they'll say it's about what the deal...

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GDP hides the damage from the Covid-19 lockdowns

Do not believe government pronouncements that the economy is rebounding from very minimal damage caused by unprecedented covid-19-inspired closures of businesses. Government will use its favorite statistic of the health of the economy to justify its actions—gross domestic product (GDP). Article by Patrick Barron from Mises. GDP is supposed to represent the total of spending on final goods...

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White House started pushing ‘vaccine passports.’ Here’s what we need to do to stop it.

It's proving to be challenging to convince people Joe Biden's new venture into pushing "Vaccine Passports" is a really, really bad idea. It's a little like convincing them that universal background checks do not work; if they aren't aware of the facts or statistics, they are more likely to think these ineffective speedbumps to firearm ownership are good...

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