Category Archives: Business & Economy

It’s Currency War! – And Japan Has Fired The First Shot!

This is the big problem with fiat currency – eventually the temptation to print more of it when you are in a jam becomes too powerful to resist.  In a surprise move on Friday, the Bank of Japan dramatically increased the size of the quantitative easing program that it has been conducting.  Share This ArticleFacebookTwitterPinterestLinkedinemail

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The Minimum Wage Forces Low-Skill Workers to Compete with Higher-Skill Workers

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. Share This ArticleFacebookTwitterPinterestLinkedinemail

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The Problem With Steve Forbes’s New Gold Standard

Money: How the Destruction of the Dollar Threatens the Global Economy — and What We Can Do About It, by Steve Forbes and Elizabeth Ames, McGrawHill, 2014 Money is an odd book. Its odd character can be brought out through an analogy. Imagine that someone wrote an eloquent book about price and wage controls. The book showed how attempts to […]

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How Third-Party Payers Drive Up Medical Costs

These days, a lot of people are worried about their rising healthcare costs. So, the United States, the federal government implemented a scheme to “fix” the problem. At least, that was the original plan. The scheme, which Americans know as “Obamacare” caused an uproar, both politically and economically, over rising costs, and whatever the case may be, people are in agreement […]

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Rising ER Visits Latest Obamacare Undoing

Review Journal – Unintended consequences are one thing. Broken promises are another. But it requires a special blend of arrogance and incompetence to craft a law that accomplishes precisely the opposite of what it was supposed to do — a law that significantly worsens the problems it was supposed to fix. Share This ArticleFacebookTwitterPinterestLinkedinemail

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Should E-Cig Manufacturers Love the FDA?

“E-Cig Execs Are Actually Thrilled With New FDA Regulations” was the lead story last morning on Time magazine’s website about the Food and Drug Administration’s proposed rules banning the sale of electronic cigarettes to minors, their sale in vending machines, and (of course) extending those ridiculous and ignored warning labels we now see on tobacco products to e-cigarettes too.

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