Wrong

Socialists Claim Their System Is Morally Superior. They're Wrong!

Authored by Bradley Thomas via The Mises Institute, In a December 23 article published on mises.org, Lipton Matthews made the compelling case for advocates of free market capitalism to prioritize the moral superiority of capitalism rather than making the case for capitalism’s superior productivity. “Demonstrating the impracticality of socialism is necessary, but is also an ineffective…

IRS Sent "Millions Of Checks" To The Wrong Bank Accounts, Tax Preparers Claim

it’s incredible to think that while giving away trillions of dollars, the U.S. government may have misplaced some of it without anybody noticing. That is what several tax preparers are claiming; notable that the IRS has sent “millions of checks” to the wrong bank accounts. It’s a mistake the Feds are now working on fixing, according to…

France's Vaccine Strategy: What Has Gone Wrong

Submitted by Christopher Dembik, head of macro analysis at Saxo Bank Summary:  France is ranked last in Bloomberg’s worldwide Covid vaccine tracker with only 516 people vaccinated since the campaign vaccination started on 27 December, 2020. Confronted with harsh criticism over its strategy, the French government has recently announced its intent to accelerate the process,…

2020: The Year Things Started Going Badly Wrong

Authored by Gail Tverberg via Our Finite World blog, How today’s energy problem is different from peak oil Many people believe that the economy will start going badly wrong when we “run out of oil.” The problem we have today is indeed an energy problem, but it is a different energy problem. Let me explain it with…

Twelve Times The 'Lockdowners' Were Wrong

Authored by Phillip Magness via The American Institute for Economic Research, This has been a year of astonishing policy failure. We are surrounded by devastation conceived and cheered by intellectuals and their political handmaidens… The errors number in the thousands, so please consider the following little more than a first draft, a mere guide to…

The YouTube Ban Is Un-American, Wrong, And Will Backfire: Taibbi

Authored by Matt Taibbi via taibbi.substack.com, Start with the headline: Supporting the 2020 U.S. Election. YouTube in its company blog can’t even say, “Banning Election Conspiracy Theories.” They have to employ the Orwellian language of politicians — Healthy Forests, Clear Skies, “Supported” Elections — because Google and YouTube are now political actors, who can’t speak…

JPMorgan Admits It Was Wrong About End Of Bitcoin Bull Run, Renews $140,000-Plus Price Forecast

At the time of this writing, the cryptocurrency known as Bitcoin has seen its value skyrocket to around $19,000  after dropping down to around just $4,840 in mid-March. This is significant because the all-time high for the cryptocurrency is $19,783 back in December of 2017, only to drop down to as low as $3,122. Within the past…

Here Are All The Things That Could Still Go Wrong With A COVID-19 Vaccine

Despite the cries of jubilation from the media following Monday’s rollout of the preliminary results from the Pfizer-BioNTech COVID-19 vaccine study, growing numbers of scientists and economists are speaking up to reemphasize that approval of the first vaccine still remains to be seen, even as Dr. Anthony Fauci tells reporters that he expects the FDA’s…

A Guide For Free Thinkers: They’re Both Wrong

Authored by Ethan Yang via The American Institute for Economic Research, If you get your information about American politics from the media, politicians, and even from a lot of Washington, DC think tanks, you’re doing it wrong. It goes without saying that politics is about mass mobilization and power; narratives and oversimplification are the tools…

Wrong Response

When it comes to the whole Black Lives Matter issue, the U.S. bishops — various ones of them — just keep stepping on landmines. Pitifully few have responded correctly. Remember, BLM is an organization founded by lesbians whose own stated purpose is to destroy Western civilization’s concept of the family and to promote every deviant sexual behavior…