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There is a major flaw in Soros’ justification for spending $50m on a new think-tank. He derides “unchecked free markets” when in fact no such thing exists. You either have free markets checked by customer behavior, or you have markets which have been...
Here’s a short brief (link) by The Economist on effective tax rates around the world. At a stunning 55 percent effective tax rate on annual gross earning of $100,000, Slovenia is the most heavily taxed country on earth followed by India, Italy, Sweden...
On Tuesday major auto manufacturers indicated that their October sales rebounded significantly following a weak September.
The increase to the US annualized sales rate was nearly 20 percent better than September’s measure. Early estimates show the...
American populist angst has been rising for some time now. The optimist in me hopes that the Tea Party movement, and with it the rekindling within Americans of the vision of the founders and the defense of our Constitution can “fundamentally transform...
The economy continues to rebuild itself and the manufacturing sector has now grown for three consecutive months. According to the Institute for Supply Management, their PMI registered 55.7 percent. That is 3.1 percentage points higher than the 52.6...
