Forbes: The Facts About Food Stamp Fraud

By SIMON CONSTABLE

There's too much misinformation about the U.S. government's food stamp scheme.

So after some investigation, here are some facts about the benefit which is also known as the Supplemental Nutrition Assistance Program, (SNAP.)

The takeaway is that food stamp fraud ballooned during the four years through 2016. Read more here.

Forbes: Venezuela's Latest Economic Idiocy -- Money With Fewer Zeros

By SIMON CONSTABLE

Socialism seems to require a special kind of stupidity.

Take, for instance, Venezuela's latest move to tackle the country's ruinous hyperinflation. Read more here.

Photo by Jeremith.DP, 

CC BY-SA 4.0 <https://creativecommons.org/licenses/by-sa/4.0>, 

via Wikimedia Commons

Mid East Eye: Middle East oil producers benefit from Venezuela's economic woes

By SIMON CONSTABLE

Venezuela’s economic woes just got even worse, but that's likely a blessing for the oil-rich nations of the Middle East.

Last week the Latin American country, which is also rich in oil resources, got slapped with US sanctions. It’s just the latest problem for the socialist government and will make it even harder for the country to pump oil.

Venezuela's oil problems are set to give a helping hand to the Middle East, especially those countries that are members of the Organization of the Petroleum Exporting Countries (OPEC), because a drop off from Venezuela’s output allows energy-rich Middle East countries to increase their production rates. Read more here.

Forbes: Facebook Scandal -- How Many Cockroaches Are There?

By SIMON CONSTABLE

Facebook is in a pickle over the Cambridge Analytica data sharing scandal.

That much is clear.

The big question now is simple: What other scandals, if any, will emerge from the social media giant? Or more simply, how many cockroaches are there? Read more here.

Photo by Alexander Shatov on Unsplash

Forbes: No, We Really Don't Need Government Regulation Of The Tech Industry

By SIMON CONSTABLE

Calls for government regulation of the tech business would be laughable if they weren't so sad.

The truth is that the government proved beyond reasonable doubt its inability to effectively regulate during the financial crisis. In that light, calls for the government to now impose and administer new rules on an equally complex industry seem preposterous. Read more here.

Joe Piscopo Show: Talking Economics

By SIMON CONSTABLE

I'm on around 20 mins past the hour

Forbes: What Worries Wall Street About Facebook?

By SIMON CONSTABLE

Facebook has had a bad week with the Cambridge Analytica scandal.

In the wake of revelations that data on perhaps more than 50 million Facebook users was shared, the stock has come under pressure, shedding around 10% in the week from last Friday through Thursday. Read more here.

Photo by Alexander Shatov on Unsplash