Socialism is a sucker’s bet: 100 Years of Communism’s Bloody Legacy

There are people who believe that the 2008 Crash, a crash that affected many profoundly, was created by the market mechanism. Greed run wild etc etc. And while greed did indeed run wild during the housing boom it was facilitated by a key piece of central planning, a mechanism that Marx himself favored, central banks.

The Fed and its brethren kept interest rates too low for too long and as such created malinvestment on a massive scale which eventually toppled on itself.

Read More

“Local minimum wage hikes cause restaurants to leave or shut down and deter new ones from entering, according to a new Harvard Business School study”

Last year we discussed why a significant rise in the minimum wage in places like Seattle and San Francisco was “good” for wealthy urbanites (you know, it pushes out the undesirables [some might call them “deplorables”] in the name of “social justice”) but was actually bad for those who worked for minimum wage.

Fast forward to now.

Read More

Trump Releases His First Budget Blueprint: Here Are The Winners And Losers

Every budget has winners and losers. (Hey at least we have a budget.) But the losers for too long have been the American taxpayers. This must change. There is perhaps some – some – hope here. Though that $54 billion for the Pentagon should be given back to the American people.

Read More

Socialized Medicine: NHS rationing ‘leaving dying patients to suffer in pain’ report warns

One of the rules in my family growing up was “never go to a European hospital if it could be avoided.” Not that it mattered much because after the earliest part of my life we never went back to Europe.

No doubt things are better now but my parents had some interesting experiences (to say the least) with the British and Italian health care systems.

Read More