The U.S. economy turned in its worst quarter in five years during the first three months of 2014, shrinking more sharply than previously estimated. The nation’s gross domestic product in the first quarter fell at a 2.9% annual rate vs. the 1% contraction previously believed, the Commerce Department said Wednesday. Economists surveyed by Bloomberg expected…Details
Last week, you had two long lectures. This week, you have one, short. Over at the Mises Institute, Joe Salerno takes on the topic of hyperinflation…
Even for the middle class, things are not as they should be.
Before selling his free market principles to Mammon and Power, the Federal Reserve Chairman Alan Greenspan was a big supporter of individual rights and personal property. Today I post one of his writings about antitrust law that is surprisingly lucid considering his later years. Enjoy: The world of antitrust is reminiscent of Alice’s Wonderland: everything…Details