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How Did The Democrats Become Favorites of the Rich?.....by T.B. Edsall at the New York Times


by Thomas B. Edsall of the New York Times Opinion Page:

“Voters on both the left and the right often claim that there is no difference between the Democratic and Republican Parties, and of course that isn’t true. 307 more words

National Politics

Banking and finance through the lens of the past. From merchant-bankers to the first (modern) banks

Some months ago, I watched a wonderful series on Aljazeera, called Marco Polo: a very modern journey. The tale is fascinating and addresses diverse (current) themes while Marco’s story flows in the background. 1,042 more words

Distance Learning

If All Cultures Are Equal, Why Are Millions Of Refugees Fleeing The Thoroughly Islamic Middle East?

Leftists love to insist that all cultures are equal.

What they really mean is that if you disagree with them, you should shut your mouth and go die in a hole otherwise they will organise a hole for you to be murdered in. 967 more words


Negro Household Income Plunges in One Year in Minnesota

Black household income plunges in one year in Minnesota

Dramatic one-year drop puts state behind Mississippi for median black household earnings.

By John Reinan and… 849 more words

American Culture

Time: Are markets irrationally exuberant? Nobel Prize winning economist Robert Shiller believes they are.

Shiller, a behavioral economist, closely tracks investors’ feelings about the market. He believes that emotions can hold the key to market movements. When I saw Shiller late last week for an interview about his new book on the economics of deception (“Phishing for Phools,” written with Fed Chair Janet Yellen’s husband George Akerlof), he told me more investors are worried that the market is over-valued than at any time since the peak of the dotcom bubble in 2000. 650 more words


Traffic Gridlock and Traveler Misery

from the National Center for Policy Analysis:

Traffic Gridlock Sets New Records for Traveler Misery

Growing urban populations and decreasing gas prices contributed to the 2015 traffic congestion increase resulting in U.S. 200 more words

Economics And Finance

Steve Kates on Say's Law and the Keynesian Revolution

This is a podcast of me talking to Tom Woods about my first book Say’s Law and the Keynesian Revolution.  I think of it as the single most important economic issue of our time, because if we don’t finally work it out that Keynes got it completely wrong, we are going to create for ourselves a permanently lower standard of living and a widening underclass of the unemployed and under-employed. 244 more words

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