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Pittsburgh Mayor Bill Peduto announced that his city is now participating in a program receiving funding from Twitter CEO Jack Dorsey, in which eligible residents will receive $500 in monthly "guaranteed income."
In order to discuss the "future of capitalism," we must first decide what the meaning of the term "capitalism" really is.
Elon Musk broke it down for Joe Rogan. What his insights mean for the world's poor... and for us.
The imposition of the nationwide lockdowns required elite consensus. There's no way that a project of that magnitude could have been carried out absent the nearly universal support of establishment elites and their lackeys in the political class.
One of the consequences of expansionary monetary intervention is that it distorts the relationship between financial markets and the underlying economy.
In this video, we give you a big economic news update and draw parallels to the 1960s and 70s.
We all know the rally and this market do not reflect any meaningful reality. Get used to it. This rally is not about value. It's about day traders, get-rich-quick scams
Yet somehow this is not reassuring. The very forces that have created these comforts threaten to destroy us. And in any case the complexities of advanced civilisation have by no means enabled us to feel that we, individually or collectively, have a
Today's graphic from Paul Schmelzing, visiting scholar at the Bank of England (BOE), shows how global real interest rates have experienced an average annual decline of -0.0196% (-1.96 basis points) throughout the past eight centuries. The Evidence
TN readers know that Sustainable Development, aka Technocracy, is an economic system that is sworn to overthrow Capitalism and Free Enterprise.
Watch video of Michael Burry speaking April 5, 2011 on "Missteps to Mayhem: Inside the Doomsday Machine with the Outsider who Predicted and Profited from America's Financial Armageddon," as part of the 2010-2011 Chancellor's Lecture Series at Vanderb
The great Murray Rothbard cut through the fog of modern class warfare with his observation that in a place with governments issuing edicts the citizenry breaks down into two classes - tax producers and tax consumers.
Just to be clear, this means that the Fed is going to conjure money out of thin air, and then use that new money to buy ETFs.
"St Paul the Venetian and Seraphis Bey were leaders in negotiating the new Secret Treaties, but only to prepare the way for the final phase of their strategy. St. Germaine carried this out beautifully, with help from the Master Hilarion. The outcom
Nearly seven centuries ago in the mid-1300s, the first major outbreak of the Bubonic Plague forced Europeans into some of the harshest social distancing measures in history.
Just as certain things are impossible in mathematics, accounting, chemistry, and physics, so also in economics.
"I hope that this time of danger will free us from operating on automatic pilot, shake our sleepy consciences and allow a humanist and ecological conversion that puts an end to the idolatry of money and places human life and dignity at the center,
At some point, the economy is no longer controlled by individual citizens in the marketplace but by government "planners," who find they have only one of two alternatives: stop "stimulating" and permit a full-scale credit collapse, or continu
When I worked in U.S. Embassies in various third-world countries, the term "informal economy" was bandied about to describe a market sector that was not submitting to the taxation and regulation of the individual countries.
Socialism is an intellectual virus, and it's more deadly than the one from Wuhan.
If someone creates "money" out of thin air, then lends it to you under the pretense that it is real, what do you owe them? They misrepresented the money as having been entirely earned by someone and owed back to them.
The economy is the heart of the social body. If we shut down the heart of an organism to safeguard the hands and brain, the body dies.
Future One
Researcher Hans Rosling uses his cool data tools to show how countries are pulling themselves out of poverty. He demos Dollar Street, comparing households of varying income levels worldwide. Then he does something really amazing.
Close observers of the un-constitutional and immoral Federal Reserve realize that there is trouble in the central planners paradise. As happens with all attempts at trying to micromanage the world, the point is finally reached where the micromanagers
In a genuinely free society, people have the right to engage in any occupation, profession, or vocation without having to seek a permit, license, or other government permission. The idea is that economic liberty is a fundamental, God-given right, one
The economic storm hasn't passed; the false calm is only the eye of the financial hurricane.
[This article is excerpted from a talk delivered on February 22, 2020 at the Austrian Student Scholars Conference, hosted by Grove City College in Pennsylvania.]
There are a reported 119 billionaires attending the Davos confab this year – plus (allegedly) the Donald, who took a day off from Impeachment to address this august gathering of the world's movers and shakers.
Capitalism is under attack by utopians who wish to impose a more compassionate system and by political opportunists.
