When Adam Smith and the English classicals promoted division of labor as the most important ingredient in economic development, it took Carl Menger and his Austrian successors to point out that error and promote the proper economic theory of production. ...
Social Security is headed for reduced benefits, and no amount of political rhetoric or even tax increases will solve that problem. The numbers do not lie. Original Article: Social Insecurity: It’s Not Wrong to be Concerned about Facts ...
While US taxpayers pay billions for military missions around the world in the name of “keeping us safe,” the federal government fails to keep residents of the nation’s capital safe from violent crime. Original Article: Forget Being the World’s Policeman; the Federal ...
In this edition of StockCharts TV‘s The Final Bar, Dave focuses on AAPL which closed below its 200-day moving average as it tests key price support. Guest Jesse Felder of The Felder Report reports on the Titanic Syndrome, a market breadth indicator ...
Most public-school graduates have heard that Thomas Paine wrote something that convinced the colonies to declare their independence—though if they’re older than twenty-one their memory probably needs jogging. A few can even name what he wrote: Common Sense. And some ...
In response to the many shortcomings of the Soviet Union, Mao Zedong’s China, and Venezuela, the refrain, “It wasn’t real socialism,” has emerged as a rallying cry among apologists of socialism. Some readily admit the failures of these regimes and ...
On this episode of StockCharts TV’s Sector Spotlight, I separate the 11 sectors in the S&P 500 into Offensive, Defensive, and Sensitive, assessing their group rotational patterns to see if there is any alignment with the current technical condition of the ...
The Body Shop has announced plans to close nearly half of its 198 stores in the UK, resulting in significant job losses. The decision comes as part of a broader restructuring effort aimed at revitalising the brand and ensuring its ...
Tim Davie, the Director General at the BBC, and his team found themselves under the intense scrutiny of the Public Accounts Committee (PAC) yesterday regarding the corporation’s implementation efforts across the UK. Among the topics discussed during the session, the ...