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Socialist mayoral candidate Zohran Mamdani has emerged as a serious challenger to Andrew Cuomo in the race for mayor of New York City. If Mamdani wins, he promises to vastly expand government control of housing and businesses there.
Original article: https://mises.org/mises-wire/will-new-york-city-become-new-socialist-paradise
His policies took more than a million people off the income tax rolls, and 98 percent of Americans paid no income tax at the end of his term. As a result, America prospered under Coolidge. Real economic growth averaged 7 percent per year while he was in office.
Original article: https://mises.org/mises-wire/silent-cal-had-lot-say
In a free society, legitimate economic success does not fall from the sky or come by force. Behind every fortune lies effort, risk, savings, time, discovery, validation, and social coordination.
Original article: https://mises.org/power-market/critics-capitalism-misunderstand-economic-success
Host Jennifer Sanasie breaks down the latest news in the crypto industry as the feud between Donald Trump and Elon Musk continues.
The feud between Donald Trump and Elon Musk continues with the President said in a social media post that the federal government should look into cutting subsidies for Elon's companies. This comes as Musk has been critical of Trump’s tax and spending bill making its way through Congress. How will the Tesla stocks react to the renewed dispute? CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”
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Is the Layer-1 landscape saturated? Bahamut Blockchain offers a fresh perspective, aligning validator economics with real usage. Discover Bahamut's new approach to validator rewards in our CoinDesk Research's latest report. In it we explore their novel Proof of Staking and Activity (PoSA) consensus mechanism and activity-weighted validator scoring system.
Go to CoinDesk.com/Research to read more about the Bahamut Blockchain.
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
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By A.R. Ammons
If we were to claim independence from the modern-day royalty of the beltway, the markets will ensure better holidays in the future.
Original article: https://mises.org/mises-wire/how-government-ruins-4th-july-travel
With the exception of the "covid panic" and the mandated lockdowns, etc., last week was the highest total for ongoing unemployment claims since early 2018:
Original article: https://mises.org/power-market/unemployment-claims-reach-highest-2018-ex-covid
Angola was certified as polio-free in 2015, but is now combatting a new outbreak of the disease after several cases were reported in a Western province. What has caused the virus to come back?
A new report says Islamist militants are using Starlink technology to ramp up operational capabilities in Niger.
And why are South Sudanese women fashion's favourites and are being sought after on the catwalk?
Presenter: Audrey Brown Producers: Charles Gitonga in Nairobi. Yvette Twagiramariya, Bella Hassan and Alfonso Daniels in London Senior Producers: Patricia Whitehorne and Richard Kagoe Technical Producer: Jonathan Greer Editors: Andre Lombard and Alice Muthengi