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Social Media Platforms Need To Be Regulated! NYU Prof Sees “Dangerous Issues For Society”

Authored by Vasant Dhar, NYU Sterm Professor, op-ed via CNBC, Unregulated social media platforms pose significant societal risks. That's what we found out after the 2016 election, when it became clear that social media had been used for political mass manipulation in the world's oldest democracy. We should not be surprised. Despite a large scale […]

Politico: Trump’s “Fake News Mantra” Provides Global Dictators A “Shield For Human Rights” Abuses

Apparently Trump's efforts to call out reporters for their biased, misleading, inaccurate and/or often just outright false reporting (A.K.A. "Fake News") is now tantamount to endorsing human rights abuses by dictators the world over…at least according to Politico.  Per an article published earlier this morning, Politico argues that "by aligning themselves with Trump’s words, despots […]

Is President Trump’s Legal Team Preparing For An Imminent “Obstruction Of Justice” Charge?

President Trump set off a new wave of mainstream media outrage over the weekend when he publicly admitted that he was aware that Flynn had lied to the FBI and Vice President when he made the decision to fire him.  Not surprisingly, the Left has used the admission to once again suggest that Trump obstructed […]

FOMC Minutes Preview: Beware A Dovish Surprise By A “Very Uncertain” Yellen

The minutes for the FOMC’s Oct/Nov meeting will be released at 2pm today, and are expected to be uneventful, just like the Fed meeting during which the central bank held rates between 1.00% and 1.25% in a unanimous vote, as expected, and where the only notable tweak was the small upgrade in the language used […]

“Very Close To Irrational Exuberance”: Asian Equities Break Above All-Time High As Hang Seng Clears 30,000

Following the new all-time high in US equities, the MSCI Asia Pacific Index broke through its November 2007 peak to make an all-time high in Wednesday’s trading session. This was something we noted could happen yesterday in “SocGen: Asian Equities Are So Awesome, A China Minsky Moment Is ‘Manageable”. The dollar weakened slightly after outgoing […]

Watch Live: Janet Yellen And Mervyn King At NYU

The NYU Stern school of business is hosting the latest installment of the “In Conversation with Mervyn King” series featuring outgoing Fed chair, ?Janet Yellen, who in just over two months, will depart the Fed, making way for her replacement, former Carlyle partner Jay Powell. While her speech is not expected to provide any market-moving […]

A Simple Program To Stabilize The Economy (In Four Words)

Authord by Joseph Salerno via The Mises Institute, Paul Cantor, Clifton Waller Barrett Professor of English at the University of Virginia and Associated Scholar of the Mises Institute, attended Ludwig von Mises’s seminar at NYU as a young man. He recently surprised and delighted a few of us by revealing that the line that he remembers Mises […]