More government intervention. Robert Wenzel explains.
Archive for the ‘Free markets’ Category
Warren Buffett’s ideas about the retail sector
“Warren Buffett, the Oracle of Omaha, has been dispensing his wisdom for decades. Someone I’m connected with on Linkedin sent me this old article from 1977 in the Wall Street Journal on Warren Buffett. One thing I don’t recall Buffett ever describing were the pressures of money management that he felt…”
Source: Warren Buffett quote about retail from 1977 is still relevant today
The problem with trade deals
“You have probably heard of the controversial TPP, the Trans-Pacific Partnership, the deal that Hillary Clinton can’t make up her mind on.”
Source: Free Trade Wins: The TTIP Is in Trouble | Mises Wire
Speaker Prieto and Senate President Sweeney, read this!
How regulations–including the minimum wage– harm low income individuals, especially minorities.
Source: Economic Conspiracy?
Another reason the income tax should be abolished
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
Got cash?
“Starting today, the Royal Bank of Scotland will become the first bank in the U.K. to impose a negative interest rate on depositors.”
Source: The Blessing of Cash
Liberty will triumph!
“Every other “ism” has been tried and failed. Freedom is the only way forward.”
Source: Take Heart, Liberty Will Prevail | Foundation for Economic Education
Free enterprise lowers prices increasing living standards. Here is the proof.
“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
Hillary Clinton: Class President of A Failed Generation
“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
Down with “Leadership”: Against the Election | Mises Institute
“The opening lecture of Mises University 2016. Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2016.”
Source: Down with “Leadership”: Against the Election | Mises Institute
Calling Bernie, read this book
“Last month, Philipp Bagus and Andreas Marquart released their new book…”
Source: Our Monetary System Favors the Rich and Hurts the Poor | Mises Wire
What Donald Trump should have said last night
Donald Trump’s acceptance speech at the Republican convention last night could have been a lot shorter and focused on espousing the virtues of limited government and free enterprise.
First, Donald should have used several props, such as the first 1040 form, which was only four pages long. He should have said that a tax return of 1914 was simple and allowed the federal government to raise the funds it needed to pay for its expenses 100 years ago, when only 2% of the American people had to pay any income tax. In addition, today large and medium-sized businesses need an army of accountants and attorneys to comply with the tax code. That’s money that cannot be used to buy better equipment, modernize their factories, and thus make American workers more productive, which would earn them higher salaries.