Brazil’s Olympics: Cronies Feast while the People Starve
The Olympics is one big party for politically-connected millionaires and other "elites" at the expense of ordinary taxpayers.
The Olympics is one big party for politically-connected millionaires and other "elites" at the expense of ordinary taxpayers.
Recorded at Mises University 2016.
It took a heroic local news anchor from Fargo, North Dakota, to expose that crony capitalists have banded together in a "nonprofit" foundation to bribe the political classes of small U.S. cities.
The Big Short is a pretty good movie, but there are a few things it leaves out.
The world waits to see if next week is finally the week that the Fed announces its rate hike. Can the economy survive whatever small bump the Fed deals out? Perhaps, but that won’t change the inherent instability of our current monetary regime.
The sugar industry and the corny syrup industry have been fighting in court. But don't be fooled. Ultimately, the two industries are happy to help each other out in order to keep their own crony-capitalist arrangements in place.
Strange centennial somehow makes sense in the World of Leviathan.