When socialist Evo Morales was elected president of Bolivia, he received favorable press from the western media. Like most socialists, however, his government turned tyrannical. Disqualified from office, he and his followers now seek to stage a coup to return him to power.
Despite being, ya know, Hollywood, more and more movies and TV shows are shooting outside of Tinseltown.
Dozens of U.S. states and many countries offer subsidies for film production. This has drawn filmmakers away from L.A. and led to historically low levels of shooting activity in recent years in the city.
After the COVID shutdowns, labor strikes, and January's devastating wildfires ... what can bring back LA's film industry?
Related episodes: Before La La Land there was Fort Lee, New Jersey (Apple / Spotify) Why residuals are taking center stage in actors' strike (Apple / Spotify)
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A government that rules by imposing politically-oriented statutes upon its citizens cannot lay claim to governing by “rule of law.” Hayek understood that claiming “legality” to anything the state does is a sure road to tyranny.
Although most political attention is focused on the US presidency, James Bovard pleads guilty to contempt of Congress. This is the Congress that is spending and borrowing the country into financial oblivion, but never taking the blame for the results.
Reich, Elizabeth Warren, and other leftists never address the root cause of what they correctly diagnose as excessive corporate power: the Federal Reserve.
Innovations aren‘t very useful unless they serve consumers in the marketplace. Otherwise, we‘re pursuing innovation for its own sake, and that isn‘t progress.
American corporations are lavishing billions of dollars on leftist groups in the name of “equity.” But many of them are also donating to even more questionable people and causes.
The Efficient Market Hypothesis claims that financial markets process information immediately and correctly. However, since the EMH is based upon unrealistic assumptions, we also have to question the efficacy of this hypothesis, especially when central banks intervene in the markets.
Hollywood, baby! The glitz! The glamour! The ever-changing business models! This week, The Indicator is going to the movies. Starting today with the history of Hollywood and where it began.... New Jersey!