It’s one of the most iconic mysteries of the 20th century: What on Earth happened to Amelia Earhart? There are enough conspiracy theories and wild opinions on the matter to keep you busy for a lifetime, but researchers think they finally cracked the case in March 2018. Are they right this time?
It is of the first importance for the American to grasp the full seriousness of this fact — that the great boon of human freedom has, in the long record of thousands of years, been enjoyed by a mere fraction of the people and for only a brief moment in history.
— Read on mises.org/library/republics-history
Socialism will always encounter two big problems when regimes attempt to implement it: 1) the impossibility of economic calculation without true market prices, and 2) the lack of an incentive to produce only what consumers actually want.
— Read on mises.org/wire/two-reasons-why-socialism-repeatedly-fails
History repeats itself
On June 6, 1944, Allied forces stormed the beaches of Normandy in northern France. Their goal: to liberate Western Europe from Nazi tyranny. From a distance, it might seem that victory was pre-ordained, but no one felt that way at the time. British military historian Peter Caddick-Adams tells the incredible story of what happened on that monumental day.
— Read on www.prageru.com/video/d-day/
The list of the biggest volcanoes in popular consciousness isn’t very long — Mount Vesuvius, Mount St. Helens, Krakatoa … and that’s about it. Which is why it’s so strange that the biggest volcano ever isn’t on that list. Especially since it’s responsible for so much of modern culture.
The best society, Cicero argues, cultivates us as free individuals for the benefit of the community. Virtue exists in every being, but few realize it or cultivate it. Yet, it is what makes men, men, and allows them to be free… (essay by Bradley J. Birzer)
— Read on theimaginativeconservative.org/2019/05/ciceros-republic-implanted-nature-man-bradley-birzer.html
QUESTION: Wasn’t there an income in Britain under Addington in 1803 to pay for the war against Napoleon predate the USA? Is the income tax voluntary? GH ANSWER: Yes that is true. However, it actually predates even that. Income tax was first implemented in Great Britain by William Pitt the Younger in his budget of December 1798 to pay for weapons and equipment in preparation for the Napoleonic Wars. This was not really a Marxist/Socialism philosophy yet it was a graduated (progressive) income tax. It began at 2 pence on the pound (1/120) on incomes over £60 and increased up to a maximum of 2 shillings (10%) on incomes of over £200. It produced only about 60% of expectations. It was Pitt’s income tax was levied from 1799 to 1802, when it was abolished by Henry Addington during the Peace of Amiens. However, Addington had become prime minister in 1801, after Pitt’s resignation. Addington then reintroduced the income tax in 1803 when hostilities once again appeared. This time it was not abolished in 1816, one year after the Battle of Waterloo. Addington’s Act differed for this was a tax on ‘contribution of the profits arising from property, professions, trades and offices’ avoiding the use of the word “income”. The Act did allow taxation at the source meaning your account at the Bank of England was directed to deduct a tax amount from your account. This included a tax on interest paid to gilt holders. The maximum tax rate under Addington’s Act was 5%, which was half that of Pitt’s, but it was greatly expanded resulting in a tax increase of about 50% These were imposed out of necessity. The taxes signed by President Taft were more of a socialistic philosophy which was gaining support at least prior to the Russian Revolution in 1917. The rise of the “progressive” movement came into real force with the Panic of 1893. As far as the “voluntary” nature of the tax that is strictly true. However, the tax has a duty to file. The crime is a failure to file – not a failure to pay.
— Read on www.armstrongeconomics.com/world-news/taxes/taxes/