• Unemployment Claims Surpass Great Recession

    Unemployment Claims Surpass Great Recession0

      Initial claims for unemployment insurance soared to 6.65 million for the week ending March 28, exceeding last week’s shocking 3.3 million, and dwarfing the previous high of 695,000 in October 1982. During the Great Recession in 2008-09, total job losses were 8.8 million over 25 months versus a total of 9.96 million initial claims

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  • What Sweden Has Done Right on Coronavirus

    What Sweden Has Done Right on Coronavirus0

    Until last week, only three European countries had still not closed their schools as a result of the coronavirus outbreak. Then followed Britain’s sharp reverse-course and lockdown policy where Prime Minister Boris Johnson finally gave in to pressure, leaving only Iceland and Sweden with a strongly diverging policy. Iceland, a miniature country that could probably test its entire population in an afternoon

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  • When Atlas Is Washing His Hands

    When Atlas Is Washing His Hands0

    What happens when Atlas stops holding up the world? In Ayn Rand’s famous (and if I may add brilliant) novel Atlas Shrugged, the producers of the world eventually get fed up with government’s continuous strangling harassment and quit. Spoiler alert: The world doesn’t fare well without the producers who keep society moving…working…innovating…building. Now, imagine a

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