Tax breaks are always good because they leave more money in the hand of producers and out of the greedy hands of politicians to pay for the welfare-warfare state.
“Apple Inc. was ordered to repay a record 13 billion euros ($14.5 billion) plus interest after the European Commission said Ireland illegally slashed the iPhone maker’s tax bill.”
Source: Apple Ordered to Pay Up to $14.5 Billion in EU Tax Crackdown
“I’ve never seen anything like this before” says longtime Aspen broker Bob Ritchie. “Aspen has never experienced such a sudden and precipitous drop in real estate sales.” Meanwhile, sales in the Hamptons and Miami’s luxury condo markets, are in freefall, as the bid for luxury real estate across the US has slammed shut.”
In a free market, consumer goods are remarkably heterogeneous. We don’t just buy ketchup, we have to choose between regular, organic, reduced sugar, low sodium, and umpteen other variations. Just as importantly, we have to choose between Heinz, Hunts, Great Value, and other brands.”
Source: How Legal, Branded Heroin Would Make Drugs Safer | Mises Wire
One of the most widespread fallacies in economics.
“Mylan has raised the price of EpiPens more than 400 percent in recent years. The medicine inside costs $1.”
Source: EpiPens cost just several dollars to make. Customers pay more than $600 for them
“Every other “ism” has been tried and failed. Freedom is the only way forward.”
Source: Take Heart, Liberty Will Prevail | Foundation for Economic Education
“Monopoly products and services go up in price, while competitive ones go down.”
Source: Why Luxury TVs Are Affordable when Basic Health Care Is Not | Foundation for Economic Education
“Duped and Distorted DUBLIN – When you start thinking about what money is and how it works, you face isolation, shunning, and possible incarceration. The subject is so slippery – like a bead of me…”
Source: Unsound Money Has Destroyed the Middle Class
“NOTE TO READERS I am in the throes of finishing a book on the upheaval represented by the Trump candidacy and movement. It is an exploration of how 30 years of Bubble Finance policies at the Fed, f…”
Source: Hillary Clinton: Class President of A Failed Generation | David Stockman’s Contra Corner
A thirst for power and money. That’s Michael Rozeff’s assessment of Hillary
Source: What to Expect from a Clinton Presidency: Anti-Libertarian Activism
“If you’re riding the record breaking S&P 500 rally, you’ll want to see this chart.”
Source: This chart shows the market rally is in jeopardy: Money manager
“Last month, Philipp Bagus and Andreas Marquart released their new book…”
Source: Our Monetary System Favors the Rich and Hurts the Poor | Mises Wire
The Fed’s easy money policies always ends in a bust…the sooner the better.
Source: America Needs an Old-Fashioned Depression