The ideology of cultural Marxism 1) the main source of the profound confusion of modern Western societies—and 2) it's about to swell into even more dangerous proportions

Subprime Loans Are Back, Proving We Have Learned Nothing from 2008 by Brittany Hunter Over the last several weekends, the nonprofit, Boston-based brokerage Neighborhood Assistance Corporation of America (NACA) partnered with big banks and hosted events all across the country, attracting tens of thousands of attendees. These events are meant to help people apply for subprime home loans. If the term “subprime” does not immediately jump out at you, it should. “Subprime” mortgages were a primary culprit of the 2008 financial crisis. MANY ARE CLAIMING THAT THIS TIME WILL BE DIFFERENT THAN THE LAST. THIS SHOULD CONCERN JUST ABOUT EVERYONE.   Where Does Your State Rank on Individual Tax Burden? A Look at All 50 States by Craig Eyermann For most states in the US, the primary means by which state governments take money from their residents is through income taxes. As part of its 2019 State Business Tax Climate Index, the 81-year-old nonpartisan Tax Foundation has ranked U.S. states according to their individual income tax burden, which is the heaviest-weighted component of their state business tax climate index. THERE’S A REAL LESSON TO BE LEARNED HERE, BUT IT’S QUESTIONABLE THAT ELECTED OFFICIALS KNOW WHAT IT IS.   Cultural Marxism Is the Main Source of Modern Confusion—and It's Spreading by Antony Mueller Because of its inherent contradictions, the ideology of cultural Marxism is the main source of the profound confusion that has grabbed almost every segment of modern Western societies—and it's about to swell into even more dangerous proportions. MARXIST THEORY FLOURISHES TODAY.   Remembering Solzhenitsyn: Observations on the Gospel, Socialism, and Power by Lawrence W. Reed At great risk to themselves, some people muster the courage to speak truth to power. In a world teeming and cursed with the corrupt and power-besotted, that’s a supremely admirable quality. We should hope and pray for a lot more of it. Aleksandr Solzhenitsyn confronted power with truth until that power literally dissolved. HIS PROLIFIC CONTRIBUTIONS TO RUSSIAN LITERATURE EARNED HIM A NOBEL PRIZE, WHILE HIS BRAVERY ON BEHALF OF FREEDOM GAINED HIM THE GRATITUDE OF OPPRESSED PEOPLES EVERYWHERE.   5 Observations about America after Living Abroad by Emma Elliott Freire Last week, I set foot on American soil for the first time in nearly two-and-a-half years. I have lived abroad for most of the past decade, but I’d never been away from my homeland for so long. Since I’ve been abroad so long, I’m looking at my homeland through the eyes of a foreigner. Here are five things that jumped out at me right away. COMPARING COUNTRIES IS NEVER EXACTLY APPLES-TO-APPLES, BUT HERE SOME NOTABLE DIFFERENCES BETWEEN THE US AND ELSEWHERE.   The Sears Bankruptcy: How Warren Buffett Was Able to Predict It by Jon Miltimore, Rebecca Zeines It’s a stunning collapse for a retail giant that once precipitated antitrust legislation out of fear it was too powerful. But it was an event some saw coming. Sears’s impending doom was prophesied by none other than the “Oracle of Omaha,” Warren Buffett, in 2005. BUSINESSES LIVE AND DIE BY THE HAND OF THE CONSUMER IN A FREE MARKET SOCIETY, AND SO GOES THE LIFE OF SEARS, ONE OF THE GIANTS OF AMERICAN RETAIL.   NEW FEEcast: Sears Was the 20th Century’s Amazon After 132 years, Sears is filing for bankruptcy. But it’s not necessarily over for the company which has a surprising and honorable history of disrupting racial hierarchies in the days of Jim Crow. On this episode of the FEEcast, Richard, Anna Jane, and Marianne discuss the company that was truly the Amazon of the 20th century and tackle the question: how likely is it that today's corporate giants will stand the test of time? WATCH THE NEW EPISODE NOW!   Are You a Parent of a High Schooler in Michigan? Invite them to Economics in Action! We're collaborating with Aquinas College in Grand Rapids, MI to bring you this free 1-day program on Saturday, November 3rd. This program is exclusively for high school students (and it looks great on a college resume!) We'll explore why international aid organizations fail to alleviate poverty and why entrepreneurship and free markets are the best option for helping the poor. Free lunch, free books, and an optional campus tour will be provided. BUT we only have 120 spots available so make sure you register now! LEARN MORE AND REGISTER HERE!

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