In today’s episode of The Heartland Daily Podcast, managing editor Jesse Hathaway talks with Mercatus Center monetary policy program director and Bentley University economics professor Scott Sumner about the American stock market’s recent up-and-down volatility, the increasing threat of an international economic recession, and how our country’s centralized banking policies make the problem worse.
Congressman Peter Roskam (R-IL) joins Budget & Tax News managing editor Jesse Hathaway to talk about the issue of the Internal Revenue Service’s (IRS) use of civil asset forfeiture laws to seize innocent citizens’ assets, based on suspicions that they really are financial criminals.
Our politicians have placed any number of barriers in the way of prosperity, and one of the most costly has been the Dodd-Frank financial reforms (DF). Congress passed this 2,300-page law in 2010. It has since spawned a massive new regulatory environment with an impact reaching far beyond the nation’s $1.1 trillion financial services industry.
Sean Gabb of the Libertarian Alliance in the UK has produced an excellent essay dismantling the British government’s announced plans to cap the interest rates on personal loans. “Loan sharking” strikes[…]