In the late 1400s, the city-states of Italy were among most dominant powers in the world. Most of the city-states had abandoned the feudal system that persisted across Europe. So Italy was one of the only places on the continent where anyone, including foreigners, could work hard, take risks, and become wealthy. People could start Read More…
Economy
The TPP is Dead. Long Live the TPP.
The National Diet of Japan made a very strange move this past week: They ratified the TPP. Strange, that is, because the TPP is dead. President-Elect Trump has already said he is committed to pulling the US out of the deal on day one in office. Did Japan not get the message? The TPP’s kicked Read More…
Deutsche Bank Provides “Smoking Gun” Proof Of Massive Rigging And Fraud In The Silver Market
Back in April, when first reported that Deutsche Bank had agreed to settle allegations it had rigged the silver market in exchange for $38 million, we revealed something stunning: “in a curious twist, the settlement letter revealed that the former members of the manipulation cartel have turned on each other,” and that Deutsche Bank would provide documents Read More…
Time Urges 65 Million Americans Who Voted For Hillary Not To Pay Taxes
Under the twisted premise of losing the popular vote and “no taxation without representation”, TIME’s Mark Weston proclaims that the approximately 65 million Democrats who voted for Hillary Clinton should pledge “we won’t pay taxes to the federal government… until democracy is restored.” Because, It’s just not fair? Twice in the past 16 years, a Read More…
Pentagon Buries Evidence of $125 Billion in Waste
The Pentagon’s goal was simple, empower the Defense Business Board (DBB), a federal advisory panel of corporate executives, to retain consultants to identify potential cost savings in the Department of Defense’s $580 billion budget. But, when the DBB study revealed a “clear path to saving over $125 billion,” a level of waste which spoke to Read More…
Why Economists Are Always Wrong
Quick. When I say the word “economist,” what comes to mind? Fearless truth-teller? Sage wise man? Someone whose deep understanding of the complex web of billions upon billions of daily interactions in the sphere of human activity enables them to predict the outcome of those interactions years in advance with near certainty? …Or do you Read More…






