Throughout the past decade, hostility against growing economic inequality has gained ground. An increasing consensus seems to be gravitating towards the seductive demand for “fairness." When applied by progressives, the term refers to equal outcomes. But the only way to achieve fairness without violating individuals’ rights is by securing procedural justice, not end-state justice.
Kenyan President Rejects Bill That Led to Deadly Protests
A day after at least 23 people were killed in demonstrations against a tax increase, President William Ruto withdrew the law that he said was necessary to avoid defaulting on the country’s debt.
Inflation, recession force Argentines to eat less beef
Argentines, famed for steakhouses, sprawling cattle ranches and asado barbecues, are consuming less beef than ever, forced to tighten their belts by triple-digit inflation and a recession.
US Olympic and other teams will bring their own AC units to Paris, undercutting environmental plan
The U.S. Olympic team is one of a handful that will supply air conditioners for their athletes at the Paris Games in a move that undercuts organizers’ plans to cut carbon emissions.
I couldn’t believe my eyes. I saw a news headline claiming no money-down mortgages were back. And then another headline. And another.For those old enough to be experiencing the frustration of trying to buy a home in this market but young enough not to remember what happened in the years leading up to the 2008 housing crisis, let me provide you with a quick overview. Zero Down Mortgage ExplainedIn the years running up to 2008, lenders figured out clever ways for borrowers to purchase a home with
EDITORIAL: Gov. Whitmer's EV Fail: $1 Billion Later, Only 200 Jobs Materialize
Michigan has plunged headlong into the electric vehicle (EV) and battery industry with all the grace of a bull in a china shop, spending a cool $1 billion
Social-Media Influencers Aren’t Getting Rich—They’re Barely Getting By
Earning a decent, reliable income as a social-media creator is getting harder, as platforms pay less for popular posts and brands get pickier about sponsorship deals. A possible TikTok ban is adding to anxiety over job stability.
Apple kills off its buy now, pay later service barely a year after launch
Apple is discontinuing its buy now, pay later service known as Apple Pay Later barely a year after its initial launch in the U.S., and will rely on companies who already dominate the industry like Affirm and Klarna.
"What these stories all have in common is that these nations rose from poverty by embracing a common formula: more economic freedom and free trade... not international aid or central planning." ~Jon Miltimore
The shifting prices of planes, games, and automobiles
Inflation, but make it slower The latest Consumer Price Index (CPI), a weighted basket of various goods and services, was unchanged month-over-month...