Daily Economy
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On America’s ‘Trade Deficit’ With China
“The negative connotation conveyed by the term ‘trade deficit’ is so very useful to the protectionist cause that protectionists seem to have no interest in getting their — or their audiences’ — thinking straight about this concept.” ~Donald J. Boudreaux
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Techno-Tyranny of Gilliam’s ‘Brazil’ is ‘1984’ for 2024
“This movie that routinely appears on ‘best British film’ lists impressed me with its entertainment value, but even more with how relevant its message has become in 2024.” ~Paul McDonnold
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Gen Z’s Financial Nihilism
“Not only are Gen Z Americans unprepared to reform our country’s spending programs and revive the nation’s fiscal health, they are also engaging in the very behavior that will undermine their ability to achieve the American Dream.” ~Michael Peterson
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Where Will the New Jobs Come From?
“Technological innovations and falling trade barriers make many people more productive… We use this new wealth to create opportunities in high-skill, medium-skill, and low-skill occupations.” ~Art Carden
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Will SCOTUS Break Big Tobacco’s Grip on Nicotine?
“The FDA’s gatekeeping of e-cigarettes through regulations has drastically reduced the number of legal e-cigarettes to choose from. The FDA so far has only approved devices owned by Big Tobacco.” ~Peter Clark
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The Economic Folly of a Carbon Tax
“Increasing production costs leads to higher prices for goods and services, disproportionately affecting low- and middle-income households — especially when they already suffer from high inflation.” ~Vance Ginn
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Milei’s New Monetary Regime for Argentina
“Despite its controversial nature, full dollarization remains the monetary regime with the most potential for long-term stability in Argentina. It offers a credible pathway to restore confidence and put the country back on a sustainable economic trajectory.” ~Nicolás Cachanosky
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Want to Pay More Tax? You Can
“Congress has also budgeted for $1.7 trillion of deficit spending for the current fiscal year; over 26,000 times as much money as has been donated to the Gifts to Reduce the Public Debt account over the past 29 years combined.” ~David Hebert
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Civil Discourse and Political Reality
“It is one thing to dislike someone’s policies and argue against them in a civil discourse, discussing the merits and consequences of their proposals. But there is no place to demonize and so diminish the character of a candidate.” ~Will Sellers
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Biden’s Rent Control Proposal Poses a Real Threat to Renters and Housing Providers
“Because rent control will become part of the tax code, Democrats will be able to use the budget reconciliation process to enact it into law. That allows them to skirt the filibuster.” ~Jason Sorens
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•
On America’s ‘Trade Deficit’ With China
“The negative connotation conveyed by the term ‘trade deficit’ is so very useful to the protectionist cause that protectionists seem to have no interest in getting their — or their audiences’ — thinking straight about this concept.” ~Donald J. Boudreaux
-
•
Techno-Tyranny of Gilliam’s ‘Brazil’ is ‘1984’ for 2024
“This movie that routinely appears on ‘best British film’ lists impressed me with its entertainment value, but even more with how relevant its message has become in 2024.” ~Paul McDonnold
-
•
Gen Z’s Financial Nihilism
“Not only are Gen Z Americans unprepared to reform our country’s spending programs and revive the nation’s fiscal health, they are also engaging in the very behavior that will undermine their ability to achieve the American Dream.” ~Michael Peterson
-
•
Where Will the New Jobs Come From?
“Technological innovations and falling trade barriers make many people more productive… We use this new wealth to create opportunities in high-skill, medium-skill, and low-skill occupations.” ~Art Carden
-
•
Will SCOTUS Break Big Tobacco’s Grip on Nicotine?
“The FDA’s gatekeeping of e-cigarettes through regulations has drastically reduced the number of legal e-cigarettes to choose from. The FDA so far has only approved devices owned by Big Tobacco.” ~Peter Clark
-
•
The Economic Folly of a Carbon Tax
“Increasing production costs leads to higher prices for goods and services, disproportionately affecting low- and middle-income households — especially when they already suffer from high inflation.” ~Vance Ginn
-
•
Milei’s New Monetary Regime for Argentina
“Despite its controversial nature, full dollarization remains the monetary regime with the most potential for long-term stability in Argentina. It offers a credible pathway to restore confidence and put the country back on a sustainable economic trajectory.” ~Nicolás Cachanosky
-
•
Want to Pay More Tax? You Can
“Congress has also budgeted for $1.7 trillion of deficit spending for the current fiscal year; over 26,000 times as much money as has been donated to the Gifts to Reduce the Public Debt account over the past 29 years combined.” ~David Hebert
-
•
Civil Discourse and Political Reality
“It is one thing to dislike someone’s policies and argue against them in a civil discourse, discussing the merits and consequences of their proposals. But there is no place to demonize and so diminish the character of a candidate.” ~Will Sellers
-
•
Biden’s Rent Control Proposal Poses a Real Threat to Renters and Housing Providers
“Because rent control will become part of the tax code, Democrats will be able to use the budget reconciliation process to enact it into law. That allows them to skirt the filibuster.” ~Jason Sorens