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from American Institute for Economic Research
Nonprofit Organization in Great Barrington, MA
Central Banking Is Central Planning
At a time when the appeal of and demands for a new “democratic” socialism seem to have caught the imagination of many among the young and are reflected in the promises of a good number of political candidates running for high office, there is one already-existing socialist institution in America with few opponents: the Federal Reserve System. The fact is, central banking is a form of central planning. The Federal Reserve has a legal monopoly over the monetary system of the United States. It plans the quantity of money in circulation and its availability for lending purposes; and it sets a target for the annual rate of price inflation (currently around 2 percent), while also intentionally influencing interest rates, affecting investment spending, and supporting full employment. Almost all discussions and debates concerning the Federal Reserve revolve around how it should undertake its monetary central planning: which policy tools should be used, what target goals should be aimed for, and who should be in charge of directing America’s central bank.
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from FEE (Foundation for Economic Education)
RIGHT-CENTER BIAS, HIGH, non-profit organization
College Student: My Generation Is Blind to the Prosperity Around Us
Destroying the free market will undo what millions of people have died to achieve. I'm sitting in a small coffee shop near Nokomis trying to think of what to write about. I scroll through my newsfeed on my phone looking at the latest headlines of Democratic candidates calling for policies to “fix” the so-called injustices of capitalism. I put my phone down and continue to look around. I see people talking freely, working on their MacBooks, ordering food they get in an instant, seeing cars go by outside, and it dawned on me. We live in the most privileged time in the most prosperous nation and we’ve become completely blind to it. Vehicles, food, technology, freedom to associate with whom we choose. These things are so ingrained in our American way of life we don’t give them a second thought. We are so well off here in the United States that our poverty line begins 31 times above the global average. ... Virtually no one in the United States is considered poor by global standards.Yet, in a time where we can order a product off Amazon with one click and have it at our doorstep the next day, we are unappreciative, unsatisfied, and ungrateful.
Globalization: A Tinfoil Hat-Free Critique
Some are still skeptical of the benefits of globalization. Some believe that only the very rich benefit from globalization. I have to admit that sometimes it’s fun to watch conspiracy theory shows and documentaries on Netflix. However, the problem arises when those theories become doctrine and affect political life. This is what has happened with globalization and the whole myth behind it. The rejection of globalization is now common to both right- and left-wing politicians for different reasons, from President Trump, who has seemingly suggested we lock up ‘’globalists” such as George Soros, to Bernie Sanders, who believes “we need to fundamentally reject our 'free trade' policies.”
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College Student: My Generation Is Blind to the Prosperity Around Us
Destroying the free market will undo what millions of people have died to achieve. I'm sitting in a small coffee shop near Nokomis trying to think of what to write about. I scroll through my newsfeed on my phone looking at the latest headlines of Democratic candidates calling for policies to “fix” the so-called injustices of capitalism. I put my phone down and continue to look around. I see people talking freely, working on their MacBooks, ordering food they get in an instant, seeing cars go by outside, and it dawned on me. We live in the most privileged time in the most prosperous nation and we’ve become completely blind to it. Vehicles, food, technology, freedom to associate with whom we choose. These things are so ingrained in our American way of life we don’t give them a second thought. We are so well off here in the United States that our poverty line begins 31 times above the global average. ... Virtually no one in the United States is considered poor by global standards.Yet, in a time where we can order a product off Amazon with one click and have it at our doorstep the next day, we are unappreciative, unsatisfied, and ungrateful.
Globalization: A Tinfoil Hat-Free Critique
Some are still skeptical of the benefits of globalization. Some believe that only the very rich benefit from globalization. I have to admit that sometimes it’s fun to watch conspiracy theory shows and documentaries on Netflix. However, the problem arises when those theories become doctrine and affect political life. This is what has happened with globalization and the whole myth behind it. The rejection of globalization is now common to both right- and left-wing politicians for different reasons, from President Trump, who has seemingly suggested we lock up ‘’globalists” such as George Soros, to Bernie Sanders, who believes “we need to fundamentally reject our 'free trade' policies.”
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from Intellectual Takeout
Nonprofit Organization in Bloomington, Minnesota
I’m a College Student. Here’s Why I Oppose Socialism.
In the 2016 presidential primaries, 2.1 million people under age 30 voted for democratic socialist Bernie Sanders. But do young Americans really know what it means to live under socialism? Students approach the world’s problems as if this were a game in which there are no consequences, and every variable is easily known and controlled. They say: ”If we could remove markets, there would be no poverty, and if the government made the decisions, there would be no oppression.”
I’m a College Student. Here’s Why I Oppose Socialism.
In the 2016 presidential primaries, 2.1 million people under age 30 voted for democratic socialist Bernie Sanders. But do young Americans really know what it means to live under socialism? Students approach the world’s problems as if this were a game in which there are no consequences, and every variable is easily known and controlled. They say: ”If we could remove markets, there would be no poverty, and if the government made the decisions, there would be no oppression.”
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from NBC News (& affiliates)
LEFT-CENTER BIAS
150 years ago, Chinese railroad workers risked their lives in pursuit of the American dream
In the second of five articles to mark the Transcontinental Railroad anniversary, NBC News looks at who the Chinese railroad workers were and what happened to their history.
150 years ago, Chinese railroad workers risked their lives in pursuit of the American dream
In the second of five articles to mark the Transcontinental Railroad anniversary, NBC News looks at who the Chinese railroad workers were and what happened to their history.
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ST. JOHN CASSIAN’S INSTITUTES: ON PRIDE. PART 2
How we are protected by the grace of God not only in our natural condition, but also by His daily Providence.
from Orthodox Christianity – orthochristian.com
Religious Organization in Moscow, Russia
How we are protected by the grace of God not only in our natural condition, but also by His daily Providence.
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from The Spokesman-Review
Newspaper in Spokane, Washington
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