An Analysis of the Carter-Humphrey-Hawkins Proposal
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Corruption is a symptom, not the root, of the problem. Theperceived problem is unethical or corrupt private-sector behavior;the real problem is government action and regulations that causesuch behavior. The optimal solution is economic freedom with astrong rule of law to foster a culture of investment, job creation,and institutional respect, all of which are essential factors inmassively improving living standards.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
This morning the CPI (Consumer Price Index) report came out and was higher than expected (Inflation stayed red-hot in May as CPI spiked 8.6% — highest since 1981). (Article by Stan Szymanski [...]
20 of the worst cases of hyperinflation in history By Michelle Daniel of Espresso | 20 of the worst cases of hyperinflation in history War, revolution, political upheaval, and governmental mismanagement are common factors in hyperinflationary episodes. But what is hyperinflation exactly? In 1956, Phillip Cagan, an American economist, published a study that defined hyperinflation as a period in which prices rise by more than 50 per cent per month. The Hanke-Krus Hyperinflation Table, published in 2012, lists 56 cases of hyperinflation. Read on to learn more about an economic phenomenon th...