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UK Poorer Than All US States Except Mississippi

usa-uk-puzzle

Alabamians like to exclaim, “Thank God for Mississippi.” Perhaps it’s time for that slogan to cross the Pond.

Burger King Should Not Be Condemned If It Moves To Canada For Tax Purposes

Burger King

The announcement of a potential merger between Burger King and Tim Horton’s has led to much moral preening from the usual suspects.

Russia Imposes Sanctions Of Its Own

Vladimir Putin Russian Flag

In response to the multiple rounds of sanctions that the West has imposed in response to Russia’s actions in Crimea and eastern Ukraine, Russia has banned the importation of a broad range of Western food and agricultural products: MOSCOW — Russia announced on Thursday that it was banning the import of a wide range of […]

The Things One Learns (Austrian Economic and Praxeology Edition)

Mises

Fun with praxeology.

July Jobs Report Not A Home Run, But Still Pretty Good

jobs-want-ads-magnifying-glass

While not as big as previous months, the July Jobs Report was still mostly good news.

Debt Default In Argentina

money-investing

To our south, the nation of Argentina has just defaulted on billions of dollars in loans thanks largely to a dispute with at U.S. hedge fund: The hedge fund firm of billionaire Paul E. Singer has about 300 employees, yet it has managed to force Argentina, a nation of 41 million people, into a position where it […]

Economy Bounces Back From The Polar Vortex Slowdown

Economy Heartbeat

A much better Second Quarter.

New Sanctions Announced Against Russia, But It’s Unclear Russia Will Care

Russia Ukraine Flags

The U.S. and Europe have announced a new round of sanctions against Russia over the Ukraine crisis, but it’s not clear that the Russians will be motivated to change course.

Chamber Of Commerce To Endorse Mary Landrieu In Louisiana Senate Race?

louisiana-welcome

The U.S. Chamber of Commerce has been at the center of many of the “Establishment v. Tea Party” battles that we’ve seen during the 2014 primary season, generally backing incumbents and candidates closer to the traditional idea of Republican conservatism over candidates supported by Tea Party groups and national organizations such as FreedomWorks. The Chamber […]

The Solar Storm That Nearly Destroyed Civilization As We Know It

July 2012 Coronal Mass Ejection

Just about two years ago, we dodged a bullet. We might not be so lucky next time.

Dad Tweets About Rude Gate Agent, Family Booted From Plane as Security Threat

electronic-devices-airplane-sign

Ticket collectors at Southwest Airlines are our first line of defense.

F.A.A. Halts Flights From U.S. To Israel For 24 Hours

US Israel Flags

The Federal Aviation Administration has halted all flights from the U.S. to Israel for 24 hours in response to a rocket attack near Ben Gurion Airport: Major American airlines stopped flying to Israel on Tuesday after a rocket fell near Ben-Gurion International Airport outside Tel Aviv, and after the Federal Aviation Administration told the carriers […]

Why Were Commercial Jets Flying Over Eastern Ukraine To Begin With?

Ukraine Airspace After MH17

Basically, the answer is that nobody really thought there was much of a risk that a plane could be shot down.

Rupert Murdoch Rebuffed In Initial Bid To Buy Time Warner, But It’s Not Over Yet

Time Warner

Big news, and potentially a big merger, in the entertainment industry.

There Is No Such Thing as Europe

anglosphere

The English-speaking and Scandinavian countries are very different.

Implementation Of Europe’s ‘Right To Be Forgotten’ About As Absurd As You’d Expect

Google Privacy

Judging by the early results, the so-called “Right To Be Forgotten” recently created by Europe’s highest court is creating more problems than it will solve.

LeBron James’ Game (Theory)

LeBron-decision

Does the NBA’s best player have first mover advantage? Or should he take his time?

Barriers to US-Europe Trade Deal Remain

europe-usa-eu-flags

A US-EU free trade zone is a no-brainer. But the devil is in the details.

The Fourth Of July, Brought To You By China

money-bankruptcy

Chances are the fireworks that you may enjoy later today aren’t exactly red, white & blue: On Independence Day, celebrations across the United States depend on China. The sparklers, bottle rockets and Roman candles you’ll be using this Fourth of July almost certainly came from there. So did the professional-grade pyrotechnics that’ll be launched above […]

Restaurant Reservation Scalping Is A Thing

restaurant-wine-steak

A new app allows customers to cut the restaurant reservation line. What could go wrong?

Do Conservatives Think The Poor ‘Have It Easy?’

income-inequality

Coming across as uncaring doesn’t help advance your political arguments.

June Jobs Report: Good News For The Start Of A Holiday Weekend

Now Hiring Sign

The June Jobs Report is basically good news.

Target To Customers: No Guns In Our Stores, Please

Target Open Carry

Target is the latest business to ask customers to leave the guns at home when they go shopping.

Germany Lowers Retirement Age

SPD - Debatte über Rente mit 67

How long should we expect people to work?

Supreme Court Rules Some Employees Can Opt Out Of Public Employee Unions

law-gavel-lights

The Supreme Court has limited the ability of public employee unions to force people to join their ranks.

Federal Court Strikes Down D.C. Law Requiring Tour Guides To Be Licensed

Washington DC Tour Guides

A Federal Appeals Court has struck down a D.C. law requiring tour guides to get a license and pass a test.

Previewing Tomorrow’s Hobby Lobby Decision

Hobby Lobby

The Supreme Court has saved the biggest case of the term for its last day.

Aereo Suspends Service In Wake Of Supreme Court Ruling

Aereo Transcorder

After a Supreme Court decision earlier this week that effectively declared its business model to be a violation of the law, Aereo has suspended service: Aereo, the start-up firm that threatened to upend the television industry, has hit the pause button. Three days after the Supreme Court ruled that Aereo had violated copyright laws by […]

No ‘Hard Choices’ In China

hillary-clinton-hard-choices-signing

The more than one billion people who live in the People’s Republic of China won’t be able to buy Hillary Clinton’s new book for new: Hillary Clinton’s new book will not be sold in mainland China, despite efforts by her publisher, Simon & Schuster, to sell the memoir there. Chinese publishers have declined to purchase […]

Remember That Missing Plane? Yea, They Have No Idea Where It Is

MH370 Plane

A new report indicates that Malaysian Air Flight 370, the Boeing 757 that went missing nearly four months ago on a flight from Kuala Lampur to Beijing, may not be anywhere near where searchers have been looking: MELBOURNE, Australia — As Australia prepares a yearlong search for Malaysia Airlines’ missing Flight 370 in an area […]

DC Cabbies Block Streets to Protest Lyft and Uber

dc-taxicab

http://nypost.com/2014/02/26/taxi-medallion-auctioned-for-record-setting-965000/

Aereo Loses Big As Supreme Court Upholds Intellectual Property Protections

Aereo Transcorder

New technology doesn’t mean that the laws don’t apply.

Economy Shrank Nearly 3% In First Quarter

Economy Heartbeat

The first three months of the year were worse for the economy than first thought.

Get Ready For Another Three Months Of LeBron James Hype

Lebron James

There had been some speculation during the NBA finals that LeBron James, who has led the Miami Heat to the NBA finals four times and won twice and been the leagues most valuable player three times, would apply for free agency after the season ended, and that’s exactly what he’s done: Carmelo Anthony enjoyed the […]

Russia Develops Pizza Delivery Drone While U.S. Lags Woefully Behind

Russia Pizza Delivery Drone

The Moscow Times reports that a Russian company has perfected the technology to deliver pizzas via drone: A pizzeria in the Komi republic’s capital city of Syktyvkar has launched a helicopter drone-delivery service. DoDo Pizza’s first unmanned delivery was made on Saturday to much applause from witnesses in the city’s main square. According to the regional news agency FlashNord, the drone was able to complete its task in just […]

Guardians Of “Traditional” Media Once Again Bar SCOTUSBlog From Getting Press Credentials

newsman

A committee of journalists who work in the “traditional” media has once again denied press credentials to SCOTUSBlog.

The Redskins Trademark Decision Is Legally Dubious, And Troubling

Washington Redskins Helmet

However you feel about the Redskins name, the decision to retroactively repeal their trademarks is troubling on many levels.

Former NSA Chief Cashing in Big as Cyber Security Consultant

lamar-alexander-official

Retired General Keith Alexander is hawking his services to banks at princely sums.

On Immigration, David Brat And The Tea Party Stray From Their Own Principles

border-illegal-aliens-flag

There is no such thing as a consistent free market, limited government case in favor of restricting immigration, whether legal or illegal.

Washington Redskins Trademark Canceled

Washington-Redskins

The US Government has deemed the nickname of the capital’s NFL club racially offensive.

Donald Sterling Wants To Air The NBA’s Dirty Laundry

Memphis Grizzlies v San Antonio Spurs - Game One

There’s really no better word for it than blackmail.

NBC Paid Chelsea Clinton $600,000 For What Exactly?

money-investing

Not surprisingly, having a famous last name really helps when it comes time to negotiate a salary: Chelsea Clinton earned an annual salary of $600,000 at NBC News before switching to a month-to-month contract earlier this year, sources with knowledge of the agreement told POLITICO. Clinton, who joined NBC News as a special correspondent in […]

Hard Choices And D.C.’s Dirty Ghostwriting Secret

hillary-clinton-hard-choices-signing

She won’t admit it publicly, but Hillary Clinton didn’t really write her new book.

United Changing Frequent Flier Program to Reward Spending, Not Distance

airlines-money

United is joining Delta in making its rewards program match the realities of the business. Chicago Tribune (“United Airlines overhauls frequent flier program“): United Airlines on Tuesday made a dramatic change to its frequent-flier program, basing earnings on dollars spent rather than miles flown. Chicago-based United’s new MileagePlus program mirrors a move made by Delta Air […]

Our Richest Presidents

white-house

A newly revised study finds that our first President was also our wealthiest, even after adjusting wealth and income of his 42 successors for inflation: Three years ago, 24/7 Wall St. published the net worth of every American president, from George Washington to Barack Obama. We have updated our numbers to reflect the earnings of the still-living […]

Are Federal Executives Underpaid?

health-costs-money-stethoscope

Can we fix the VA at what government pays?

Netflix’s Online Business Model: A Mistake, Or The Future Of Entertainment?

HASTINGS NETFLIX

Does encouraging binge watching make sense for Netflix?

A “Fashion Trend” That Should Die Before It Comes To Life

Short Suit

Hayley Peterson at Business Insider tells us — or is that warns us? —- about the dawn of a new fashion trend: Retailers are starting to push a new trend in menswear: the short suit. The ensemble looks like a regular suit from the waist up, with a sport coat over a button-down shirt and sometimes a tie […]

Virginia Goes To War Against Uber, Lyft, And Free Enterprise

Uber App

The Virginia DMV is threatening to crackdown on companies providing innovative car services to consumers.

The Coming End Of Checks

Check Writing

Once ubiquitous, checks are disappearing as a means of payment.

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