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A remarkable thing happened yesterday that tells you everything you need to know about inflation. In the morning, US Treasury Secretary Janet Yellen stated bluntly that “interest rates will have to rise somewhat to make sure that our economy doesn’t overheat. . .” For economists, an ‘overheating economy’ means inflation.
In the winter of 1837, Charles Dickens published the first two chapters of what would become one of his most popular works– the story of an orphan called Oliver Twist. If you’ve never read it, the book is one of Dickens’ most damning condemnations of the poverty, crime, and child
Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. Iran elected to UN Women’s Rights Council Last week, Iran was among the United
In early 387 AD in the eastern Roman city of Antioch, a local bureaucrat stood outside of the city council chambers to read a new decree that had just arrived from Emperor Theodosius I. As the anxious crowd gathered, the bureaucrat began reading aloud– Just as the crowd had feared,
In early 1657, a young farmer from southeastern England named John Washington boarded a small merchant vessel bound for the English colonies in North America. Officially he was supposed to be part of a minor trade voyage to transport tobacco to the colonies. But secretly John had no intention of
Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. Drug overdose deaths surged during lockdowns The rate of US drug overdose deaths surged
In the year 215 AD, the young Roman Emperor Caracalla, then just 27 years of age, decided to ‘fix’ Rome’s perennial inflation problem by minting a brand new coin. Caracalla’s predecessors over the previous several decades had ordered an astonishing debasement of Roman currency; the silver content in Rome’s ‘denarius’
What is the first thing that comes to mind when you think of an evergreen tree? Perhaps the smell of pine. Or a wooded trail by a babbling brook. Or maybe even Christmas. However, for one member of the Board of Education in Portland, Oregon, the first thing that comes
Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. YouTube censors panel of medical experts over Covid-19 “misinformation” The Governor of Florida, Ron
Every single month, the US Treasury Department is legally obliged to publish monthly financial statements to the public. This is typically a pretty boring ritual which attracts minimal fanfare; few people pay attention, or even care to look at the federal government’s accounting of its assets, liabilities, income and expenses.
Isabella Blagden’s 1869 novel The Crown of a Life wasn’t exactly a smashing success. The book is actually pretty captivating. But literature at the time was dominated by titans like Dostoevsky, Tolstoy, Dickens, Bronte, Jules Verne, and George Eliot. And Blagden’s work didn’t stand a chance against such lofty competition.
Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. Prayer Book Urges “help me to hate White people.” A prayer book called “A
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