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PowerLinks 02.14.18

Like it or not, the future of cryptocurrency will be determined by bureaucrats Mike Orcutt, Technology Review Digital coins don’t fit traditional regulatory definitions—what policymakers do about that will determine where the technology goes from here. Continue Reading...
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7 Figures: Trump’s 2019 budget plan

Yesterday, President Trump released his fiscal year 2019 budget plan. The president’s annual budget request tells Congress how much money the president thinks the Federal government should spend on public needs and programs; tells Congress how much money the president thinks the government should take in through taxes and other sources of revenue; and tells Congress how large a deficit or surplus would result from the president’s proposal. Continue Reading...

PowerLinks 02.13.18

Let Us Eradicate Poverty, Not Demolish Wealth Daniel Lacalle, Mises Wire By the time you finish reading this article, some 600 people from all over the world will have escaped poverty. Continue Reading...
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When does interest become usury?

“Usury humiliates and kills,” Pope Francis recently told the John Paul II Anti-Usury Non Profit Association in Italy. “Usury is a grave sin. It kills life, stomps on human dignity, promotes corruption, and sets up obstacles to the common good.” Catholic social teaching condemns usury, yet many would be at a loss to define the term. Continue Reading...

Explainer: What you should know about Trump’s infrastructure plan

Earlier today, President Trump released his new $200 billion infrastructure plan. Here is what should know about the 53-page legislative outline: What is infrastructure? The Federal government has defined infrastructure as the framework of interdependent networks and systems comprising identifiable industries, institutions (including people and procedures), and distribution capabilities that provide a reliable flow of products and services essential to the defense and economic security of the United States, the smooth functioning of governments at all levels, and society as a whole. Continue Reading...

PowerLinks 02.12.18

How Ending Student Loan Forgiveness Will Help the Poor Mary Clare Amselem , The Daily Signal Top economists have determined that federal student aid programs have encouraged universities to raise tuition prices. Continue Reading...
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