BankNotes Archive – September 2017

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BankNotes Articles from September 2017

An IBC Tax Strategy: Part II

September 4, 2017

In this article I want to start by briefly reviewing some of the key components of the groundwork I initially laid out in Part I and then walk through some actual numerical illustrations that will help expand our understanding of this unique tax idea. As a reminder we are specifically discussing a tax strategy that calls for … Read more

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Why Cryptocurrencies Will Never Be Safe Havens

September 4, 2017

by Mark Spitznagel Every further new high in the price of Bitcoin brings ever more claims that it is destined to become the preeminent safe haven investment of the modern age — the new gold. But there’s no getting around the fact that Bitcoin is essentially a speculative investment in … Read more

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Here’s the True Definition of a Recession — It’s Not About GDP

September 4, 2017

by Frank Shostak According to the National Bureau of Economic Research (NBER), the institution that dates the peaks and troughs of the business cycles, A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, … Read more

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The Great Recession, 10 Years Later

September 4, 2017

by Richard M. Ebeling What we now know was one of the worst post-World War II economic and financial crises began about ten years ago in 2007. Various retrospective commentaries have focused on the severity of the economic downturn, its impact on different markets and segments of the population, and … Read more

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Leonard Read, Font of the Liberty Movement

September 4, 2017

FEE is enormously pleased to announce the first-ever Collected Works of Leonard Read, a single download of all his books and articles, a literary legacy of one million words and 10,000 pages, fully searchable and unrestricted by digital rights management. Thanks to the genius of digital distribution, it is a … Read more

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The Violence in Charlottesville

September 4, 2017

by Jeffrey A. Tucker The vast majority of people in the United States have no interest whatsoever in street battles between the alt-right (better described today in more poignant terms) and the counter-protesters. Most people have normal problems like paying bills, dealing with kids, getting health care, keeping life together … Read more

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Private Property and Higher Ed

September 4, 2017

by Peter G. Klein The US higher-education world has been rocked the last two years by student protests, “free-speech” controversies, and allegations of faculty misconduct at schools as diverse as Missouri, Yale, Middlebury, Berkeley, and Evergreen State College. You’ve all heard about safe spaces, microaggressions, intersectionality, snowflakes, claims that certain … Read more

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When Georgia Banned Football (Almost)

September 4, 2017

In the 2015 film, “Concussion,” forensic pathologist Dr. Bennet Omalu (played by Will Smith) declares, “God did not intend for us to play football.” Neither did the two houses of the Georgia state legislature in November 1897, when they voted to ban the sport throughout the state. If it hadn’t … Read more

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Homeschoolers: The Enemy of Forced Schooling

September 4, 2017

I was born in 1977, the year John Holt launched the first-ever newsletter for homeschooling families, Growing Without Schooling. At that time, Holt became the unofficial leader of the nascent homeschooling movement, supporting parents in the process of removing their children from school even before the practice was fully legalized … Read more

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