Much of the world continues to gain greater levels of economic freedom, according to a new report by the Canada-based Fraser Institute ranking more than 150 countries on everything from personal choice to security of private property. Research and studies show the trend should bring more prosperity, longer life spans, and more political freedom as well. But the news is less rosy for the United States — once the most economically free nation on the planet — as the policies of successive congresses and presidential administrations caused a steep decline in the U.S. position on the important index in recent years.
By ignoring basic investment rules, public pension managers have virtually guaranteed that these pension plans will not keep their promises.
The Federal Reserve’s annual Wyoming symposium has sent ominous signals that the world’s top central bankers will be unleashing global QE — and more raids on savers, taxpayers.
After Minnesota raised its minimum wage, a café owner added a $.35 "minimum wage" fee to all customer orders to cover the added cost.
The announcement July 30 that the economy grew at a four-percent annual rate for the second quarter of 2014 has financial analysts wondering if the Federal Reserve Bank will end earlier than expected the “quantitative easing” and interest rate suppression it has engaged in since 2008.