Joe’s Crab Shack to eliminate tipping, raise menu prices

Joe’s Crab Shack to eliminate tipping, raise menu prices

Joe’s Crab Shack has announced plans to eliminate tipping at its more than 100 locations nationwide. Ray Blanchette, the CEO of parent company Ignite Restaurant Group, confirmed the plans, which is currently in place in 18 locations across the country, Forbes magazine reported. Mr. Blanchette said that since Joe’s Crab Shack employees will be paid […]

Obama chooses politics over prosperity in Keystone rejection

Obama chooses politics over prosperity in Keystone rejection

By Michi Iljazi / Taxpayers Protection Alliance Last week’s announcement by President Obama that he would reject the Keystone XL Pipeline was not surprising, but nonetheless, it was a disappointing decision because of the economic and energy security benefits that will be lost. The most troubling aspect of the decision is the reasoning behind the […]

Pro-Islamic State ‘Cyber Caliphate’ hackers re-emerge online, post data for 54K Twitter users

Pro-Islamic State ‘Cyber Caliphate’ hackers re-emerge online, post data for 54K Twitter users

Computer hackers aligned with the Islamic State group are being credited with sharing the log-in credentials pertaining to more than 54,000 Twitter users and encouraging their followers to use the accounts to spread propaganda across social media. The hacker group, Cyber Caliphate, re-emerged on Twitter last Sunday and linked to a database said to contain […]

For WHO, red meat Is a red herring

For WHO, red meat Is a red herring

By Yuri N. Maltsev / Mises Daily Our booming green-industrial complex built up by administrations of both parties in the US is effectively using the United Nations, its thirty two “sister” institutions — such as the World Bank, UNESCO, and numerous “tribunals” — and hundreds of training and research centers. This huge international bureaucratic buildup […]

Unions, liberal groups revolt against Obama’s Pacific trade deal

Unions, liberal groups revolt against Obama’s Pacific trade deal

Key elements of the Democratic Party base revolted Thursday against President Obama’s massive free-trade deal in the Asia Pacific, vowing to defeat the pact and punish lawmakers who vote for it. A coalition of labor, environmental, consumer, gay rights and human rights groups reacted angrily to the administration’s release of the fine print of the […]

Why we need private property to deal with scarce resources

Why we need private property to deal with scarce resources

By Patrick Barron / Mises Daily Scarcity of resources exists in many forms and is the problem in economics. If resources were not scarce, there would be no need to economize. The existence of scarcity is true of all resources (such as time, human energy, and natural resources). However, it is not necessarily intuitive that […]

Facebook tops a billion users a day

Facebook tops a billion users a day

Facebook shares rose by around five percent after the company’s quarterly results beat estimates. The social media network now has 1.1 billion users a day, with over 1.5 billion monthly active users – the vast majority using the service on mobile devices. A huge increase in mobile advertising boosted overall ad revenue by 45 percent. […]

Is it a crash yet? Two articles speculate

Is it a crash yet? Two articles speculate

By Daily Bell Staff Thirty years of stock market crashes – and the signs they were coming. Is another stock market crash around the corner? … As the stock market struggles to recover from “Black Monday” in August, many investors are wondering how long it will be before the market regains the levels seen before […]

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