Informal Economies

When I worked in U.S. Embassies in various third-world countries, the term “informal economy” was bandied about to describe a market sector that was not submitting to the taxation and regulation of the individual countries.  A term often used in tandem with “informal...

All Crises Are Local

“South Dakota is not New York City.” A seemingly innocuous statement, made last Wednesday by Governor Kristi Noem in response to calls for her to issue a coronavirus shutdown across a state with the motto “Under God the People Rule.” South Dakota, after all, is one of...

Don’t Be Cruel

“Don’t Be Cruel” was recorded by Elvis Presley back in 1956. Now it is the state of Idaho that is being told to not be cruel. “We condemn Governor Little’s actions and the actions of dozens of Idaho legislators who are so focused on pleasing their bigoted base instead...

Builders in Denial

The year 2006 seems like a lifetime ago. The housing boom seemed to be going full throttle, but danger lurked.  I wrote on LewRockwell.com in March of that year, concerning a Las Vegas real estate seminar, that “nary a discouraging word was spoken.” But, despite the...

Food Speakeasies

All restaurants in my area are closed to on-site dining by political decree. Many restaurants are still open for take-out orders. However, most of the customers that would be willing to go to a restaurant in these hard financial times wouldn’t go just so they could...

Not Your Grandfather’s Recession

Based on the shocking 6.6 million of new unemployment claims, we’d bet they’ll be some explosive political fireworks soon in this country about Covid-containment versus keeping the main street economy alive. There have now been an unprecedented, off-the charts 9.96...

How to Hold Elections During a Pandemic

Here in Ohio, Governor Mike DeWine and Secretary of State Frank LaRose closed polling places on primary election day to prevent the spread of Covid-19 at polling places, and the state legislature agreed unanimously to extend absentee voting and virtually eliminate...

One Man’s Battle With the IRS Over Bitcoin Privacy

What kinds of information should taxpayers be expected to share with the government during an audit? Pay stubs? Receipts? Bank statements? What about bank statements for transactions that haven't occurred yet? Should the Internal Revenue Service (IRS) be able to...

Is the Crackdown on Pain Pills Finally Working?

Opioid-related deaths in the United States, which had been rising steadily since 1999, fell slightly in 2018, from 47,600 to 46,802, according to the latest data from the U.S. Centers for Disease Control and Prevention. That 1.7 percent drop was mostly due to a...

Brickbat: Don’t Taste the Rainbow

An appellate court in Singapore has rejected a challenge to a law banning gay sex, saying it did not violate the constitution. The law carries a maximum penalty of two years in prison for gay sex. It is rarely enforced, but activists say it is discriminatory and jars...

The Bigger Troubles Ahead You Need To Take Seriously!

This is what you should be paying attention to right now.   Over 10 Million Americans Now Jobless & the Second Wave is Yet to Come What is clear at this point is that our economy will not bounce back by Easter or anytime soon. This is the Economic RECKONING & It Was...