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US ‘Warnings’ to Britain Over EU Spark New Row in British Leadership

US ‘Warnings’ to Britain Over EU Spark New Row in British Leadership | MN News Hound | Scoop.it

The Obama Administration’s decision to issue a formal “warning” to the British government that the possibility of them leaving the European Union or even weakening their ties with the international body violate US interests has sparked a major row within the British leadership.

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Holy Smokes! Fractional Reserve Banking Explained « LewRockwell.com Blog

Holy Smokes! Fractional Reserve Banking Explained « LewRockwell.com Blog | MN News Hound | Scoop.it

Thanks to Ike Renner for pointing out this Salmon Khan video on fractional-reserve banking. Mr. Khan, perhaps the most significant educator of our time, is the founder of the Khan Academy, which teaches—in the most extraordinary way—math and so much else to anyone who wants to learn, for free. I have long admired this great philanthropist. Now I discover he is a Rothbardian on banking! Since millions of homeschoolers and other smart students all over the English-speaking world are devoted Khanians, and their numbers are growing, this presages much good for the future of Austrian economics. Adds Ike: "It seems that whether a person's core concern is education, finance, food supply, or foreign policy, once committed to liberty, it doesn't take long to arrive at the front door of the Mises Institute!"

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