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Submitted by Thorsten Polleit via The Mises Institute, A look into monetary history shows that people, when given freedom of choice, opted for precious metals as money. This doesn’t come as a surprise. Precious metals have the physical properties a medium must have to serve as legal tender: They are scarce, homogenous, durable, divisible, mintable, […]

With every Tom, Dick, and Harry hedge fund manager now taking on The People’s Bank of China (in various ways), it is no surprise that the spread between offshore Yuan and onshore Yuan blew out to its widest in 3 weeks this morning. They are not getting it all their way for now though. Just […]

Via Foxtrot Alpha’s Tyler Rogoway, The video below depicting the expansion of ISIS controlled territory over time is especially interesting. After explosive expansion in 2013-2014, now it seems that when any territory is taken back from the Islamic State they just expand elsewhere. Also of interest is just how little ground has been taken back […]

Bristow Helicopters today confirmed it’s helicopter crashed in a Lagoon on Wednesday. The helicopter was on its way from Porthacourt but thankfully had no casualty. However,  why most newspapers reported the news as a “crash” Bristow called in a “water landing”. See press release below Bristow Helicopters (Nigeria) Limited, confirmed today that one of its […]Read More

The Debt Management Office has revealed that Nigeria’s total debt profile as at December 2015 is $65.4 billion or N12.6 trillion or 12.6% of GDP. This is N1.4 trillion higher than the N11.2 trillion balance as at December 2014. The breakdown of the debts are as follows; USD (Millions)  Naira (Millions) Exchange Rate (N) External […]Read More

If you’re an able-bodied individual who’s beginning to slip into self-pity, consider people like Haben Girma, the first deaf and blind person to graduate from Harvard Law. Now look reassess your situation. But if you have a physical disability like Ms. Haben Girma, her story should invigorate you. At the very least, her example destroys common […]Read More

The Second Circuit upheld the murder convictions of Bartolomeo Vernace, ruling that the three decades-old murders might have started over a spilled drink dispute, but they certainly did not hurt the mafioso’s reputation as a violent mobster. The circuit’s ruling marks a major victory against the Gambino crime family which has, over the years, suffered […]

Want to make it rain? Hire a rainmaker. And no, we’re not talking about a superstar lawyer able to bring on clients with millions of dollars in billings. We’re talking about a sales person. Could one be good for your firm? From No Advertising to Full On Sales Teams Lawyers are often skeptical of marketing. […]

Martin Shkreli became the world’s most hated man last fall when he raised the price of a lifesaving medication by 5451 percent overnight. It was a role he relished, saying he only regretted not raising the price higher and taunting his critics on social media. Shkreli’s bad behavior also landed him in legal hot water. […]

A former Yahoo manager is challenging the tech company’s famous — or infamous, depending on where you stand — employee ranking system in federal court. Gregory Anderson, a former Yahoo editor, sued the company on Monday, alleging that the ranking system was used to violate both California and federal employment law. A hallmark of Yahoo […]

Four current and former University of California, Berkeley students are suing Google, alleging that the tech company scanned Cal students’ university emails for more than four years — all while claiming that academic emails were not processed by Google’s advertising system. Google’s privacy violations affected millions of college students across the U.S, according to the […]Read More

Via Dana Lyons’ Tumblr, Yet another attempt at rising interest rates has spectacularly fizzled out. Well, once again the critter popped its head above the surface before promptly returning to its familiar territory down in the depths. I am, of course, referring to U.S. Treasury yields. After a decade of consensus forecasts for rising rates, […]