Schumpeter on the Dangers of the “Tax State”
The modern state, unlike the medieval monarchy, does not merely tax to sustain itself or to defend the nation. It taxes to
The modern state, unlike the medieval monarchy, does not merely tax to sustain itself or to defend the nation. It taxes to
A Gallup survey taken in March this year found only 46% of Americans expressed support for Israel (the lowest level in 25
These subsidies exemplify crony capitalism. The Austrian School of economics defines any subsidy as government intervention in the functioning of the economy.
Amid ever-increasing uncertainties on the global front and similarly rising geopolitical tensions between India and Pakistan, the Indian equity markets demonstrated strong
William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that government authorities, particularly the central bank, would
Amtrak is always on the verge of reviving intercity rail traffic in the US, or at least that is what politicians want
Mark Thornton digs into the gold-silver ratio—its wild swings, its history, and what it might mean for investors and the world at
Is a recession coming? In this video, Julius breaks down the latest updates to his powerful Sector Rotation Model, analyzing four key
Want to know where the stock market is headed next? In this week's market update, Mary Ellen McGonagle analyzes key resistance levels
When your investment portfolio isn't gaining ground, it's natural to feel uneasy, especially in a market that lacks direction. A headline-driven environment