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More and more Americans need a license to make a living

BizTech  

More and more Americans need a license to make a living

By Daniel J. Mitchell / FEE d tape is a huge burden on the American economy, with even an Obama Administration bureaucracy acknowledging that costs far exceed supposed benefits. And the problem gets worse every year. If I had to pick the worst example of foolish regulation, there would be lots of absurd examples from […]


Formulas don’t think: Investigating weather-related GDP

BizTech  

Formulas don’t think: Investigating weather-related GDP

By Mike “Mish” Shedlock The New York Fed updated its GDP Nowcast forecast for 4th quarter 2016 and 1st quarter 2017 last Friday. Normally I report on such events, on the day of the release, but I failed to do so with all the brouhaha associated with Trump’s inauguration. Looking now, an item in the […]


Free trade versus “free trade”

BizTech  

Free trade versus “free trade”

By Peter G. Klein / Mises Wire NPR featured an unintentionally funny piece this week on Donald Trump’s views toward the EU and free trade. The guest, former US ambassador to the EU Anthony Gardner, rightfully criticized the president’s view that “protection will lead to great prosperity and strength,” and called for continued global engagement by US companies […]


Taxpayer funded broadband is a waste of money

BizTech  

Taxpayer funded broadband is a waste of money

By Ross Marchand / Taxpayers Protection Alliance As 2017 gets into gear, state legislators and governors are crafting budgets and struggling to stretch out dwindling tax dollars. While roads, schools, and police departments are typically on the top of spending wish lists, another priority, taxpayer-funded broadband has increasingly turned the heads of lawmakers.  Some non-profit and […]


Robots are replacing up to 75% of oil drilling rig jobs

BizTech  

Robots are replacing up to 75% of oil drilling rig jobs

From Technocracy News The average drilling rig that formerly needed twenty full-time workers, now only needs five, a drop of 75 percent. Will other new jobs be created for these displaced workers? ⁃ TN Editor The robot on an oil drillship in the Gulf of Mexico made it easier for Mark Rodgers to do his job […]


Vulnerable U.S. power grid should be a top economic concern

BizTech  

Vulnerable U.S. power grid should be a top economic concern

By Sam Rolley / Personal Liberty Digest President-elect Donald Trump may have a plan to make America great again by reinvigorating the nation’s manufacturing economy but a group of researchers is warning that there’s a major threat to the U.S. economy totally out of his administration’s control. According to researchers at the University of Cambridge, […]


Ushering in a totalitarian police state in cashless ‘smart cities’

BizTech  

Ushering in a totalitarian police state in cashless ‘smart cities’

From Technocracy News A must-read article correctly connects the stampede for cashless banking with totalitarian police states, where ownership of data mean ownership of people. ⁃ TN Editor From Scandinavia to Amsterdam to India and elsewhere, the trend of going “cashless” is gaining traction. We have been covering the shortcomings of what is rightly called the […]


Italy needs a dose of Bugatti capitalism

BizTech  

Italy needs a dose of Bugatti capitalism

By Marcia Christoff-Kurapovna / Mises Wire There is a peculiar intellectual and emotional revulsion that comes with reading about Italy’s endless cycle of economic and political woes — whether having to do with the near-collapse of the world’s oldest bank or the effective nation-wide paralysis of Italian industry. Despite this near-permanent state of affairs, the country’s overwhelming […]


What Puerto Rico can teach us about raising the minimum wage

BizTech  

What Puerto Rico can teach us about raising the minimum wage

By Brittany Hunter / FEE This year, 20 states began implementing minimum wage increases that were passed during 2016. As the country waits to see how these increased wages this will affect the economy, the U.S. territories have already provided us with a grim example. After the 2007 Fair Minimum Wage Act passed, each of […]


Americans saying goodbye to high-tax states

BizTech  

Americans saying goodbye to high-tax states

By Sam Rolley / Personal Liberty Digest State and local lawmakers take note: a growing number of American workers, business owners and retirees are showing their disgust with sky-high taxes by voting with their feet. That’s according to information released by the National Movers Association, which illustrates a positive relationship between high taxes and outbound […]