Daily Economy
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ESG: A Gordian Knot of the Highest Order
“Thanks to a complex web of CSR initiatives, aid and development programs, progressive intergovernmental agencies, and the do-good posturing of political elites, businesses will further be ensnarled to ESG.” ~Kimberlee Josephson
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Freedom and a Funeral for Chevron Deference
“Overturning Chevron should encourage lower courts to police agency assertions of power more closely, but it will not constrain the administrative state so long as Congress persists in enacting broad, poorly written statutes.” ~Jonathan H. Adler
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We Still Bear Eisenhower’s Cross of Iron
“We have seen the rise of the military-industrial complex, the creation of the national security state, and a bloated military that is second to none, but with a price tag to match.” ~Andrew Byers
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But Also What If?
“The arrogance of those who wish to unleash the dogs of antitrust on CurrentlyDominant, Inc. prevents them from asking important follow-up questions.” ~Donald J Boudreaux
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A Former Prime Minister Reveals Why the UK’s Blob Must be Destroyed
“The American edition of her memoir is a warning Liz Truss extends to Americans — don’t let the administrative state get out of control and do your level best to reduce the powers it already has.” ~Iain Murray
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The Real Reason Fast Food Is So Expensive
“The bottom line is that fast food prices are high because demand for fast food remains high, despite those higher prices.” ~Jon Miltimore
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Sense and Nonsense on Petrodollars
Last week several reports suggested the termination of a US-Saudi petrodollar agreement, and speculated a Saudi Arabian move to sell oil on world markets in various currencies, including the Chinese yuan. The accounts were rife with inaccuracies: the Saudis’ have transacted in non-dollar currencies for decades, and there has never been a formal treaty, much…
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AIER’s Everyday Price Index Unchanged in May 2024
“The recent data, combined with the deceleration in core CPI in April, suggests the resumption of disinflation. But policymakers have indicated a need for several months of reduced price pressures before considering interest rate cuts.” ~Peter C. Earle
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Protectionists Are Wrong: Free Trade is the Path to Prosperity
“Consumers and producers in America are better off with more domestic and international trade. As we don’t want to produce everything we consume daily, trading with others is the most efficient way to meet our needs.” ~Vance Ginn
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The Super Market
“Something that you can purchase with income you’ve earned with just a few minutes of your work-time is something that includes the work-effort of thousands or millions of strangers.” ~Donald J. Boudreaux
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•
ESG: A Gordian Knot of the Highest Order
“Thanks to a complex web of CSR initiatives, aid and development programs, progressive intergovernmental agencies, and the do-good posturing of political elites, businesses will further be ensnarled to ESG.” ~Kimberlee Josephson
-
•
Freedom and a Funeral for Chevron Deference
“Overturning Chevron should encourage lower courts to police agency assertions of power more closely, but it will not constrain the administrative state so long as Congress persists in enacting broad, poorly written statutes.” ~Jonathan H. Adler
-
•
We Still Bear Eisenhower’s Cross of Iron
“We have seen the rise of the military-industrial complex, the creation of the national security state, and a bloated military that is second to none, but with a price tag to match.” ~Andrew Byers
-
•
But Also What If?
“The arrogance of those who wish to unleash the dogs of antitrust on CurrentlyDominant, Inc. prevents them from asking important follow-up questions.” ~Donald J Boudreaux
-
•
A Former Prime Minister Reveals Why the UK’s Blob Must be Destroyed
“The American edition of her memoir is a warning Liz Truss extends to Americans — don’t let the administrative state get out of control and do your level best to reduce the powers it already has.” ~Iain Murray
-
•
The Real Reason Fast Food Is So Expensive
“The bottom line is that fast food prices are high because demand for fast food remains high, despite those higher prices.” ~Jon Miltimore
-
•
Sense and Nonsense on Petrodollars
Last week several reports suggested the termination of a US-Saudi petrodollar agreement, and speculated a Saudi Arabian move to sell oil on world markets in various currencies, including the Chinese yuan. The accounts were rife with inaccuracies: the Saudis’ have transacted in non-dollar currencies for decades, and there has never been a formal treaty, much…
-
•
AIER’s Everyday Price Index Unchanged in May 2024
“The recent data, combined with the deceleration in core CPI in April, suggests the resumption of disinflation. But policymakers have indicated a need for several months of reduced price pressures before considering interest rate cuts.” ~Peter C. Earle
-
•
Protectionists Are Wrong: Free Trade is the Path to Prosperity
“Consumers and producers in America are better off with more domestic and international trade. As we don’t want to produce everything we consume daily, trading with others is the most efficient way to meet our needs.” ~Vance Ginn
-
•
The Super Market
“Something that you can purchase with income you’ve earned with just a few minutes of your work-time is something that includes the work-effort of thousands or millions of strangers.” ~Donald J. Boudreaux