Right Side News
An Essay on natural rights on in individual and the coercive power of the state to extract one’s money and property. The purpose of this brief essay is to present an argument that state spending on welfare, which necessarily rests on the state’s power to extract funds from the public, cannot be justified. An argument […]
It’s at times like these, with minimum wage laws suddenly in vogue again, that one realizes that having the evidence on one’s side is not enough to win public policy debates. The intellectual framework that people use to order their experience of the world must also be taken into account. How people interpret the facts […]
This time, the Federal Reserve has created a truly global problem. A big chunk of the trillions of dollars that it pumped into the financial system over the past several years has flowed into emerging markets. But now that the Fed has decided to begin “the taper”, investors see it as a sign to pull […]
IMF Raises Global Outlook as Advanced Nations Accelerate … The International Monetary Fund raised its forecast for global growth this year as expansions in the U.S. and U.K. accelerate, and urged advanced economies to maintain monetary accommodation to strengthen the recovery. – Bloomberg Dominant Social Theme: The IMF speaks and the world listens. Free-Market Analysis: […]
Did you know that financial institutions all over the world are warning that we could see a “mega default” on a very prominent high-yield investment product in China on January 31st? We are being told that this could lead to a cascading collapse of the shadow banking system in China which could potentially result in […]
Why has Goldman Sachs chosen this moment to publicly declare that stocks are overpriced? Why has Goldman Sachs suddenly decided to warn all of us that the stock market could decline by 10 percent or more in the coming months? Goldman Sachs has to know that when they release a report like this that it […]
A Bullish Case For Janet Yellen, Our Confused New Fed Chairman … As is well known now, Janet Yellen was confirmed last Monday as Fed Chairman. On its face, this should concern those who desire economic growth … But Janet Yellen is a walking, talking economic fallacy in the mold of her soon-to-be predecessor in […]
That headline is not a misprint. The number of working age Americans that do not have a job has increased by nearly 10 million since Barack Obama first entered the White House. In January 2009, the number of “officially unemployed” workers plus the number of Americans “not in the labor force” was sitting at a […]
In what the Washington Post referred to as Federal Communications Commission (FCC) Chairman Tom Wheeler’s strongest endorsement yet of net neutrality, he said: Public policy should protect the great driving force of the open Internet: how it allows innovation without permission…. This is why it is essential that the FCC continue to maintain an open […]
If you are anxiously awaiting the arrival of the “economic collapse”, just open up your eyes and look at what is happening in Europe. The entire continent is a giant economic mess right now. Unemployment and poverty levels are setting record highs, car sales are setting record lows, and there is an ocean of bad […]
The efforts underway by the Service Employees International Union, and its political and media allies, to raise the minimum wage from $7.25 to $15 per hour would, if successful, cause major unemployment among low-skilled workers, who are the supposed beneficiaries of those efforts. The reason is not only the fact that higher wages serve to […]
In America today, there are close to 50 million people living in poverty and there are more than 100 million people that get money from the federal government every month. As the middle class disintegrates, poverty is climbing to unprecedented levels. Even though the stock market has been setting record high after record high, the […]