Central banks don’t dictate interest rates

Central banks don’t dictate interest rates

By Frank Shostak / Mises Daily According to mainstream thinking, the central bank is the key factor in determining interest rates. By setting short-term interest rates the central bank, it is argued, through expectations about the future course of its interest rate policy influences the entire interest rate structure. (According to expectations theory (ET), the […]

Russia hits roadblock in fight against Tor, the anonymity software used to evade online censorship

Russia hits roadblock in fight against Tor, the anonymity software used to evade online censorship

A Russian company hired to help the Kremlin unmask Internet users who rely on specialized software to surf the Web anonymously is backing out of its deal with the government. Hardly a year after Russia’s Interior Ministry offered a contract worth 3.9 million rubles ($59,000) “to study the possibility of obtaining technical information on users […]

Lee-Rubio tax plan

Lee-Rubio tax plan

From NCPA Since the roll-out of the Lee-Rubio tax proposal in March 2015, the Center on Budget and Policy Priorities and the Tax Foundation have disagreed whether the plan would benefit people at lower income levels. The short answer is: It depends. The Lee-Rubio plan is short on details regarding several provisions that could make […]

The future of Social Security looks bleak

The future of Social Security looks bleak

From NCPA In 2008, the eldest members of the Baby Boom generation turned 62 and became eligible to collect early retirement benefits from Social Security. Shortly thereafter, in 2010, Social Security began running its first cash deficit since 1983, writes Peter Ferrara of the Heartland Institute. In order to cover that deficit and meet its […]

Indiana digs in its heels against EPA, other states may follow

Indiana digs in its heels against EPA, other states may follow

By Rob Nikolewski / Watchdog.org The crown jewel of the Obama administration’s environmental policies is the Clean Power Plan but one Republican governor says he won’t implement it unless “significant changes” are made — and there are indications other GOP governors may soon follow suit. Telling national energy reporters in a conference call Thursday that […]

Ranking the states according to their ‘fiscal health’

Ranking the states according to their ‘fiscal health’

By Ben Bullard / Personal Liberty Digest Rural states with a history of conservative leadership generally fare better than urban ones with a history of progressive leadership — but there are exceptions in this latest study by George Mason University, ranking the 50 states in terms of their governments’ financial health. Arizona was in the […]

Government broadband is a bad idea for taxpayers and consumers

Government broadband is a bad idea for taxpayers and consumers

By Michi Iljazi / Taxpayers Protection Alliance From the Chattanooga EPB to the Memphis Networx, Tennessee is becoming the leader in wasteful and unnecessary municipal broadband systems.  In particular, the Chattanooga EPB fiber optic municipal broadband system has become the poster child for wasting taxpayer money and bullying tactics (click here for a detailed description […]

‘Maker Movement’ promises to help U.S. declare independence from Chinese goods

‘Maker Movement’ promises to help U.S. declare independence from Chinese goods

It started as a movement grounded in the rebellious “Do It Yourself” culture of punk rock music and libertarianism, and flowed to independent-minded engineers dismayed with “Made in China” mass-produced merchandise. Now lawmakers on Capitol Hill – from across the political spectrum – have gotten in on the action. The bipartisan Congressional Maker Caucus, a […]

The tanning tax: Another casualty of Obamacare

The tanning tax: Another casualty of Obamacare

From NCPA In the wake of the King v. Burwell Supreme Court decision, Congress must now turn their attention to fixing the most harmful parts of the law. As it turns out, the Affordable Care Act has not been “affordable” for women who own tanning salons — or their customers. The so-called Tanning Tax imposed […]

Rahm Emanuel’s Chicago to begin taxing online entertainment

Rahm Emanuel’s Chicago to begin taxing online entertainment

Chicago officials have found a way to tax “the cloud.” Digital media companies and Chicagoans will now be slapped with a 9 percent “cloud tax” on streaming services, including popular entertainment outlets such as Netflix, through which city officials aim to generate $12 million. Collections will begin Sept. 1. According to the Chicago Sun-Times, the […]