Yesterday the White House released an executive order called “Restoring Equality of Opportunity and Meritocracy,” taking aim at the inane and destructive “disparate impact” policy. According to this policy, if any employment requirement has a “disparate impact” on the races, the employer can be hauled into court and forced to defend the requirement — easier said than done. That includes requiring that applicants pass a test (even an excruciatingly simple test), or hold a high school diploma, or not have dishonorable […]
Trump has tried to claim that he favors “Main Street over Wall Street.” Unfortunately, by pushing aggressive low-interest-rate monetary policy, Trump has put himself squarely in the camp of “Wall Street over Main Street.”
Nothing is as enticing as a free lunch. The idea of getting something for nothing surely is appealing to almost everyone. You want a new coat, or a nice meal at your favorite restaurant, or a dream vacation on an exotic island, or…. Well, there is no end to the list of things we would all like to have with no cost attached, with nothing to have to give up to get what we want. Economists are usually […]
“We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission; which is the stage of the darkest periods of human history, the stage of rule by brute force.” — Ayn Rand 130 executive orders in under 100 days. Sweeping powers claimed in the name of “security” and “efficiency.” One president acting as lawmaker, enforcer, and judge. No debate. No […]
Let us stop for a moment to consider all that is happening with the new administration’s new economic trade policies at ~100 days. A new tariff policy is (by design) threatening the pre-existing global trade order. This has led to the early stages of capital flight, as both the dollar and US Treasuries have been sold off. The implications of this are significant. That is before we get to other issues with economic long-term ramifications.1 I […]
O presidente da Câmara dos Deputados, Hugo Motta (Republicanos-PB), divulgou um vídeo para rebater críticas à “vida fácil de deputado”. No vídeo, publicado nesta terça-feira, 22, no Instagram, o parlamentar inclui momentos de sua rotina ao longo da semana e diz: “Vamos ver se vocês aguentam o tranco mesmo”. Veja: Ver essa foto no Instagram Uma publicação compartilhada por Hugo Motta (@hugomottapb) Em tom de humor, a gravação mostra sessões em comissões e no plenário da Câmara, reuniões […]
President Trump suggested on April 15 that: Perhaps Harvard should lose its Tax Exempt Status and be Taxed as a Political Entity if it keeps pushing political, ideological, and terrorist inspired/supporting “Sickness?” Remember, Tax Exempt Status is totally contingent on acting in the PUBLIC INTEREST! The IRS is apparently planning something along those lines, though the details are unclear. But, if Harvard was indeed stripped of its tax exemption because of the “political, ideological, and terrorist inspired” views […]
Dr. Gordon reviews Quinn Slobodian‘s latest book trashing the Austrians, especially Murray Rothbard. Not surprisingly, Slobodian shows little understanding of the Austrians and economic history.