After 1820, growing numbers of propertyless squatters were voters, and this was an opportunity for politicians to offer cheap land in exchange for loyalty to the Democratic Party. Original Article: “How “Squatter Democracy” Created America’s First Welfare Program“ ...
In the previous weekly technical outlook, it was mentioned that the markets have attempted a strong breakout which can be termed as one of the major ones; this week, it showed some signs of tiredness while still managing to end ...
During the three years after World War II, Germans—facing a ruined economy and wildly depreciating currency—turned to cigarettes as a medium of exchange on a massive scale. Allied occupation authorities strictly forbade this black-market currency exchange, but it literally saved ...
Paul Gottfried is no stranger to criticism from “conservative” gatekeepers. Like his friend and colleague Murray Rothbard, Gottfried has been a target of Buckleyite conservativism ever since he was ousted from the National Review in the 1980s. Also, like Rothbard, ...
A recurring theme in American politics is the cynical use of federal power by those who simultaneously pretend to favor “states’ rights” or “local control.” We see this today when Republicans one minute say they favor local control with gun ...
The European Union’s General Data Protection Regulation supposedly protects people from government data abuse. In reality, it empowers governments. Original Article: “The GDPR Paradox: Empowering Government in the Name of Data Protection“ ...
First Republic, Signature Bank, and Silicon Valley Bank have all failed, and that’s not the only thing they have in common. Western Alliance Bank’s Ken Vecchione was jealous of these three large regional banks. The chief executive admitted to the ...
Bob walks through a recent interview of MMT champion Warren Mosler, in which he claims that Fed rate hikes lead to larger government interest expenses and hence support economic growth and inflation. Bob presents both theoretical and empirical evidence against ...
In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews pockets of strength amid last week’s pullback that signal investor’s bias heading into the second half of the year. She also shares key characteristics of successful base breakouts, as well ...
I consider the goal of the trend follower to be threefold: identify trends, follow those trends, and anticipate when those trends may be exhausted. Every day, every week, every month, I’m trying to do those three things in a consistent ...