DOES SPANKING VIOLATE THE NON-AGGRESSION PRINCIPLE?

What Causes Stagflation? Authored by Frank Shostak via The Mises Institute, In the late 1960’s Edmund Phelps and Milton Friedman challenged the popular view that there can be a sustainable trade-off between inflation and unemployment. In fact, over time, according to Friedman, expansionary central bank policies set the platform for lower economic growth and a higher rate of inflation (i.e., stagflation). A famous case of stagflation occurred during the 1974-75 period. In March 1975, industrial production fell by nearly 13 percent year-on-year while the yearly growth rate of the consumer price index (CPI) jumped to...

US Southern Command on Tuesday announced that its forces launched three separate strikes on alleged drug-running boats in the waters of Latin America the night before, blowing up three small vessels and killing at least 11 people. The command said that two of the boats were targeted in the Eastern Pacific Ocean, where eight people […]

Florida Lawmakers Approve Renaming Palm Beach Airport After Trump Authored by Kimberly Hayek via The Epoch Times, Florida lawmakers on Thursday completed the approval of a bill to rename Palm Beach International Airport in honor of President Donald Trump. The measure, now awaiting Gov. Ron DeSantis’s signature, comes at the same time as the Trump family’s recent federal trademark filings for airport names incorporating the president’s identity. The Trump Organization says it will see no financial gain from the Palm Beach site. The Florida Senate passed SB 706 in a 25–11 vote. The legislation...