It has been a bloody year in Baltimore, that much everyone knows, but as The Economist shows, something changed dramatically after Freddie Gray's death in April...
On November 14th the police department reported the city’s 300th homicide in 2015, a total not seen since 1999.
Authored by Carmen Reinhart, originally posted at Project Syndicate,
There has been an unsettled debate among economists for a century now of whether government intervention is beneficial to an economy. The heart of this debate lies between Keynesian and Austrian economists (though there are other schools as well).
In order to get a full understanding of the two schools of economic thought, we offer the following via The Austrian Insider...
And some responses to popular criticisms:
An investigation has revealed the establishment figures whose intervention helped a disgraced Bishop evade prosecution for sex abuse for decades. The former Bishop of Gloucester, Peter Ball, groomed and abused 18 aspiring young priests over a period spanning 15 years. He pleaded guilty to charges in September 2015 and was finally jailed in October. Ball had escaped justice over the same charges over 20 years earlier after he was given support by a member of the Royal family and establishment figures.
Submitted by Jeffrey Snider via Alhambra Investment Partners,