April 19, 2013
Just because there are a myriad of acknowledged practical applications derived from government funded research doesn't mean these discoveries wouldn't have been made — and made faster and cheaper — without government interference.
New York Fed publishes study, "Young Student Loan Borrowers Retreat from Housing and Auto Markets."
Every generation has a tendency to view the past through rose-colored glasses. However, rainbows and lollypop reminiscing aside, the 1980's truly were remarkable. America and Britain were unified countries, evidenced by substantial electoral victories by Reagan and Thatcher.
"Cyprus has stunned EU officials by ordering a vote in its parliament on the terms of the EU-IMF Troika bailout for the country, risking a rejection by angry lawmakers and a fresh eruption of the crisis."