Posted tagged ‘Free Trade Good For Both Parties’

Must Reads For The Week 7/29/17

July 29, 2017

Single Payer Food Insurance, by Robert Higgs, at lewrodkwell.com. The free market has no problem supplying the U.S. with enough food. In fact the free market does such a good we have an obesity problem in the U.S. Would a single payer food insurance program work better or worse than our current free market system as hampered as it is. Why would we want a single payer healthcare system?

How OPEC Became Irrelevant, by Olav Dirkmott, at mises.org.  OPEC  used to be able to cut production and drive up oil prices. Not anymore. The American shale industry has become profitable at prices in the 40-50 dollar range. Shale producers have filled the void created by OPEC cuts which has kept the price down.

Banks Are Scheming To Dominate A Future Cashless Society, by Shaun Bradley, at lewrockwell.com. Governments want to phase out cash. If every transaction becomes an electronic transfer governments and banks gain control over the wealth of each individual. A cashless society becomes exponentially less free.

“Shrinkflation” – How Food Companies Implement Massive Price Hikes Without You Ever Noticing, at zerohedge.com. Companies are putting smaller amounts of product in their packaging. We don’t notice because the package looks about the same size. We are paying the same price or a little more for less product. I noticed this a few years ago.

Seattle’s Minimum Wage Supporters Ignore The Facts, by Andres Syrios, at mises.org. Minimum wage laws hurt the workers the laws were designed to help. The passage of time always shows socialist policies won’t work. Although economic laws prove this before the fact.

Tracking The Great Escape From Cook County And Illinois, at zerohedge.com. The decreasing population of Illinois in general and Cook county in particular shows people voting with their feet. Big government makes things worse, not better.

Taiwan – Based Foxconn Will Invest $10 Billion In The US And We Can Thank American’s Trade Deficit For that Inflow, by Mark J. Perry, at carpediemblog. Trade deficits and trade surpluses don’t disadvantage anybody. Trade benefits both parties in the exchange or the exchange wouldn’t happen.

The Student Loan Bubble And Economic Collapse, at theburningplatform.com. The U.S. has $1.3 trillion in student loan debt. $120 billion is in default. 27% of students are a month behind on payments. These defaults will grow in number. The bubble will eventually burst, which is a good thing. Unless politicians use tax payer dollars to bail out big college.

The High Cost Of Free College, by Nathan Keeble, at mises.org. Tennessee is going to pay tuition for anyone who is seeking an associate degree from a community college. Do you think single payer college will work?

A Shocking Thing Happened To College Tuitions In 2016, at zerohedge.com. Is the college bubble reaching its peak? In 2016 college tuition grew at 1.9%. Since 1990 tuition has grown at 6% a year on average.

Us Congress On Pace To Be The Least Productive Legislature In 164 Years, at zerohedge.com. What does productive mean in this context? If productivity means passing regulations than I am happy congress is not productive. If productivity means getting rid of regulations (like Obamacare) than I’m not happy.

A Millennial Explains How Post-Modern Liberalism and Failed Parenting Led To The Snowflake-Ification Of A Generation, by Mark J. Perry, at carpedicmblog. Excerpt from the article: “Most millennials grew up with parents who did everything they could to provide their children with happiness and emotional well-being, at the expense of personal responsibility and self-reliance.” Protecting people from reality produces unrealistic people.

Who’d a-thunk It? There Are Ingerent Differences In How Men’s And Women’s Brains Are Wired And How They Work? by Mark J. Perry, at carpediemblog. Nurture or nature? Nature wins.

Declassified Memos Show Obama’s NSA Spied On Americans Way More Than You Thought, at zerohedge.com. Is anyone surprised that this happened. The question is; is this still happening?

FBI Seized Crushed Hard Drives From Home Of Wasserman-Schultz’ IT Aide, at zerohedge.com. These guys learned from Hillary Clinton. But wait there is more.  Arrested DNC Staffer Awan Retains Long-Time Clinton Associate Fro Legal Help, at zerohedge.com. The Democrat party had Pakistani IT workers on their payroll. Imran Awan was arrested at Dulles airport trying to flee the country. He was charged with bank fraud. There is a real crime here. The media has not covered this story. Why?

CARTOONS

From therightreasons.net.

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