The Bitcoin is no passing fancy but is gaining credibility daily as a better alternative to central banks' fiat currencies.
There's clearly no shortage of arrogance, senselessness, and deceitfulness among the current crop of politicians and central planners in D.C.
The mathematically inevitable end of one of the Ponzi schemes in Social Security draws closer as the number of disability recipients continues to increase.
Congress tells us that one-half of the Social Security tax is paid by employees and that the other half is paid by employers. The truth of the matter is that the burden of both taxes is borne by employees.
The very word "achievement" has been replaced by the word "privilege" in many writings of our times. Individuals or groups that have achieved more than others are called "privileged" individuals or groups, who are to be resented rather than emulated.
Fitch and Moody's downgrades of Chicago's general obligation bonds are markers on the road to Detroit for America's third largest city.
Various government agencies are discussing the possibility of regulating Bitcoin, but some experts say that Bitcoin's decentralized nature makes it difficult if not impossible to regulate.
Former Treasury Secretary Timothy Geithner announced his plans to serve as president and managing director of the Wall Street private equity firm Warburg Pincus as of March 2014.
Congress and the president are taking over an area of our lives infinitely more challenging and complex than the management of traffic signals and supermarkets, namely our health care system. Oblivious to the huge information problem in the allocation of resources, the people in Washington have great confidence that they can run our health care system better than we, our physicians and hospitals.
Amid sky-rocketing inflation and escalating shortages sparked by socialist policies, the authoritarian regime in Venezuela ordered a military “occupation” of certain businesses in a bid to force them to charge what authorities deem “fair” prices.