The “internet of things” (IoT) is a system of web-connected devices or objects (including tracked animals and people) that can transfer data without any interaction between humans and computers.
The world is smaller than ever. After just a seven-hour flight from the US East Coast, you could be in Austria, checking your gold into one of the safest, most private vaults in Europe.
“The empire on which the sun never sets.”
That phrase was first attributed to a priest named Fray Francisco de Ugalde, uttered to King Charles I of Spain during the 16th century.
Last week, I described how federal authorities arrested Virgil Griffith for the crime of making a presentation on cryptocurrencies and blockchains using information anyone can download from the internet.
Hacker and all-around eccentric Virgil Griffith is the latest victim in America’s unceasing battle to punish political crimes.
Should you have to pay thousands of dollars before you can legally work? Or be imprisoned because you don’t have the money to pay a fine?
We’ve all heard about the lady who spilled hot coffee on herself and won a big judgment against McDonald’s. Or burglars suing their homeowner victims for injuries sustained while committing their crimes.
At the end of this past August, an astonishing $17 trillion in global debt had negative yields. About 30% of investment-grade bonds had yields below zero.
In the next few days, President Trump will ask the Supreme Court to declare that he has an absolute right to withhold his tax returns from examination.
If you’re depending on social security or a traditional pension plan to pay for your retirement, chances are you’ll need to work until you die.
Last February, the Supreme Court unanimously ruled that the Eighth Amendment prohibition against “excessive fines and fees” applies to civil forfeiture cases...
Did you know Hollywood star Nicholas Cage played Lois Lane in a Superman movie? Or that Facebook founder Mark Zuckerberg once boasted that the social media giant has “total control of billions of people’s stolen data?”
Given shifting attitudes, it’s harder to publicly argue in favor of offshore investing than it once was.
Many Americans believe that the federal income tax as it’s now imposed is likely unconstitutional.
A fundamental injustice of US tax law is that it discriminates against the approximately nine million Americans who live in other countries.
Starting in the fall of 2003, I spent nearly two years living in Vienna, Austria. I was there to earn a master’s degree (LL.M.) in international tax law from the Institute for Austrian and International Tax Law.
The Financial Action Task Force on Money Laundering (FATF) is perhaps the most important organization you’ve never heard of. The G-7, which is essentially a club for the world's wealthiest nations, set up the FATF in 1989.
Tomorrow is the 18th anniversary of four coordinated attacks in the US by Al Qaeda operatives that killed nearly 3,000 people.
Italy is an amazing country with a long history, outstanding food, great wines, and unsurpassed culture. But it’s facing an economic and political crisis that will lead to a global financial collapse.
President Trump says that “trade wars are good and easy to win.” Unfortunately for the US, that’s simply not true.
It began in 1986. Congress was panicking because it felt America was losing the War on (Some) Drugs. So, it enacted the Money Laundering Control Act (MLCA).
It’s here, or at least nearly here. “It,” in this case, is another recession. We can debate the causes – an escalating trade war between the US and China, too much dodgy debt, the end of the longest bull market in history, or perhaps all three.
A billion here, a billion there, and pretty soon you're talking about real money.
In 1984, Paul and Vicki Terhorst decided to retire at the ripe old age of 33.
Master Archie Harrison Mountbatten-Windsor was born on May 6, 2019, at a London hospital. There was nothing especially remarkable about Archie’s birth.
The concept of citizenship has a long history. But until recently, it belonged only to men. In the US, it belonged only to white men.
The tax-and-spenders of the world are desperate to find new ways to pay for the crumbling welfare states of western democracies. And they’re targeting the “rich” to do it.
My father practiced medicine for 45 years, from 1941 when he graduated from medical school until his retirement in 1986.
Last week, social networking giant Facebook announced that it plans to create what it calls an “alternative financial system” based on a cryptocurrency called the Libra.
Like Eugene Debs, Assange has long been a thorn in the side of the rich and powerful. When Assange founded WikiLeaks in 2006, he declared ...