From Zero Hedge: Russia Shocks With Emergency Rate Hike The move by the Bank of Russia to drastically raise rates is the first break by a major central bank in the worldwide Keynesian dogma that lower rates are required to
Reprinted from Mises.org Grant defeated Lee, the Confederacy crumbled, and the idea of secession disappeared forever, or at least that’s what the conventional wisdom says. Secession is no historical irrelevance. Quite the contrary, the topic is integral to classical liberalism.
From today’s Open Europe news summary: The Telegraph reports that David Cameron is expected to use the G20 gathering of world leaders this weekend to press for greater sharing of tax information to crackdown on avoidance. Open Europe’s Raoul Ruparel is quoted
From today’s Open Europe new summary: Following the release of thousands of secret documents detailing how Luxembourg helped companies avoid paying taxes, an FT leader argues, “For the sake of his own credibility – and that of the commission – [Jean-Claude Juncker]
Venezuela’s socialist government has beset the population with all sorts of terrible travesties, from high inflation to shortages of toilet paper. Now the country’s poor citizens have one more shortage to grapple with: breast implants. Apparently the country’s restrictive currency