Freedom & New York On This Day in History

New York Ranks the Least Free State of All

This day in history: New York becomes the first U.S. state to require automobile license plates on this day in 1901. My first reaction when reading this was "of course they were. New York has been the least free state in the country for a long time. Economic freedom is New York's greatest weakness, but the state has not kept up with the rest of the country on personal freedoms either. New York is also the worst state on regulatory policy, land-use freedom is very low, primarily because of the economically devastating rent control law in New York City. New York’s local tax burden is double that of the average state, and NY also suffers from a lack of “school choice.” Exorbitant prices on tobacco leads to selling cigarettes as singles, and forget about getting a gun there. More people leave New York than any other State.

America’s Most Libertarian State Is…?

Earth Day and Socialism on This Day in History

Buy: The Folly of Socialism (40 Chapters) for 99 cents on Amazon

Visit a local listing for this here

This Day in History: The first Earth Day was held on this day in 1970. The co-founder of Earth was Ira Einhorn...also known as the Unicorn Killer. Earth Day also falls on Communist Leader Vladimir Lenin's birthday which many consider no coincidence. April 22 is actually a big day for Socialism/Communism. The Marxist-Leninist Communist Party of India formed on this day in 1969. The Paris Agreement was signed on this day in 2016. Witnesses begin testifying in the Army–McCarthy hearings began on this day in 1954. Richard Nixon died on this day in 1994 (Milton Friedman maintained that Nixon was the most Socialistic president of the 20th century). Immanuel Kant was born on this day in 1724 as well (his philosophy was the basis on which the structure of Marxism was built.)
Earth Day Co-Founder Killed, Composted His Girlfriend

See also: Thought-Provoking Quotes about Socialism
https://thebookshelf2015.blogspot.com/2018/08/thought-provoking-quotes-about-socialism.html

Economics is the Queen of all Sciences by Henry D. Macleod M.A. 1896
https://thebookshelf2015.blogspot.com/2018/02/economics-is-queen-of-all-sciences-by.html

See also Over 300 PDF/Acrobat Books on Socialism, Communism and Economics on DVDrom
http://thebookshelf2015.blogspot.com/2015/10/over-300-pdfacrobat-books-on-socialism.html

See also Over 300 PDF/Acrobat Books on Socialism, Communism and Economics and 300 Books on DVDrom for Libertarians, Objectivists and Voluntaryists

For a list of all of my books on disks and other ebooks click here

Start watching at the 11:45 timeframe

John Maynard Keynes on This Day in History

Listen to: Keynesianism Flattened

This Day in History: British economist, John Maynard Keynes died on this day in 1946. His Kenyesian economic theory can perhaps be summarized in 7 words: "governments should spend money they don't have." His greatest work was "The General Theory of Employment, Interest, and Money." Richard M. Ebeling wrote of this book: "Few books, in so short a time, have gained such wide influence and generated so destructive an impact on public policy. What Keynes succeeded in doing was to provide a rationale for what governments always like to do: spend money and pander to special interests...Keynes’s legacy has given us paper-money inflation, government deficit spending, and more political intervention throughout the market." The trillions of dollars in debt we now find ourselves in is the legacy of John Maynard Keynes, and at some point there has to be a reckoning. Keynes was not concerned with the future consequences of his policies, because, as he says: “In the long run we are all dead.”

See also The History & Mystery of Money & Economics-250 Books on DVDrom

Visit my Econ blog at http://fredericbastiat1850.blogspot.com/

For a list of all of my disks and ebooks (PDF and Amazon) click here

Where Keynesianism Goes Wrong

Robinhood Stock Trading on This Day in History

This Day in History: The stock trading app Robinhood launched on this day in 2013, and it has changed an industry in the process. The company offers a service that gives people the ability to invest in stocks, ETFs, and options without the fees. Prior to this, zero-commission stock trading was unheard of. Robinhood now has 10 million users, and as a consequence, the big boys, such as E-Trade, TD Ameritrade and Charles Schwab finally bit their lip and started offering free stock trading as well. I use Robinhood primarily to trade (yup, I'm a Featherhead) but I also use the Public app to buy fractional shares, (I also have accounts with TD Ameritrade and Interactive Brokers [also free]). This change in the industry has allowed the little guy (like me) to take an interest in the Stock Market. Many complain that Robinhood has less research features, but that's why I use Finviz, Yahoo Finance, Chartmill, Marketwatch, Stocktwits, Stockmaster etc for that. One day, when things get back to normal and my wife and I start making money again, I will get back into this.