Daily Economy
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The Sixties’ Toxic Legacy
“Woke-friendly corporations, billionaires, foundations, and individuals with impressive foreign ties are demonstrating the effectiveness of funding campus radicals…echoing similar anti-Western, violent hate-marches throughout Europe and elsewhere.” ~Juliana Geran Pilon
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Governments, Not Markets, Impel ESG
“Prominent financial institutions have backpedaled on ESG, with net outflows from ESG funds. This divestment suggests that financial institutions may have overestimated market demand for ESG.” ~Daniel Sutter and Allen Mendenhall
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Dollar Dominance, Dollar Dependence
“Skeptics to the global monetary hegemon have long called for its demise — on causes of design or ideology, theory or empirics. And for decades, they have been proven wrong.” ~Joakim Book
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Biden’s Latest Student-Loan Bailout
“What the Secretary purports to exercise in the proposed rule is no ‘discretionary’ authority appropriate to the executive branch; it is full-blown legislative authority, treading into the appropriations domain constitutionally reserved to Congress.” ~Jack Fitzhenry and GianCarlo Canaparo
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Inflation Continued to Decline in April
“While inflation is declining once more, members of the Federal Open Market Committee (FOMC) have suggested rates would need to remain high for longer than they had previously projected.” ~William J. Luther
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Helping Social Security by Helping Yourself
“Not retiring — instead, doing age-appropriate jobs — is at least a partial solution to the prospect of an insolvent Social Security trust fund.” ~Jimmy Alfonso Licon
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“A Child Is Not the Mere Creature of the State”
“The educational diversity that exists today — district schools, private schools, charter schools, home schools, and microschools among them — are an enduring testimony to the Pierce decision and to that bedrock principle.” ~Jeff Ziegler
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Communism’s Routine Evil: East German Edition
“Hoyer attempts to provide a sympathetic reading of an alternative to capitalism – one that engaged in brutality, sure, but made such wonderful strides for inequality, women, and workers, and in which individuals did make their way and find meaning. In doing so, she ignores one big problem: the bodies.” ~Nikolai Wenzel
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Why Does the Federal Government Borrow?
“Policymakers have an incentive to finance spending with money printing and debt to hide the cost of spending from taxpayers. These costs cannot be hidden forever, though.” ~Thomas Savidge
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Robinson-Patman Deserves Last Rites, Not Resurrection
“It strips consumers’ freedom to choose for themselves in an area they are far more competent at than government ‘enforcers,’ combined with the chutzpah of claiming that its purpose is to benefit competition.” ~Gary M. Galles
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•
The Sixties’ Toxic Legacy
“Woke-friendly corporations, billionaires, foundations, and individuals with impressive foreign ties are demonstrating the effectiveness of funding campus radicals…echoing similar anti-Western, violent hate-marches throughout Europe and elsewhere.” ~Juliana Geran Pilon
-
•
Governments, Not Markets, Impel ESG
“Prominent financial institutions have backpedaled on ESG, with net outflows from ESG funds. This divestment suggests that financial institutions may have overestimated market demand for ESG.” ~Daniel Sutter and Allen Mendenhall
-
•
Dollar Dominance, Dollar Dependence
“Skeptics to the global monetary hegemon have long called for its demise — on causes of design or ideology, theory or empirics. And for decades, they have been proven wrong.” ~Joakim Book
-
•
Biden’s Latest Student-Loan Bailout
“What the Secretary purports to exercise in the proposed rule is no ‘discretionary’ authority appropriate to the executive branch; it is full-blown legislative authority, treading into the appropriations domain constitutionally reserved to Congress.” ~Jack Fitzhenry and GianCarlo Canaparo
-
•
Inflation Continued to Decline in April
“While inflation is declining once more, members of the Federal Open Market Committee (FOMC) have suggested rates would need to remain high for longer than they had previously projected.” ~William J. Luther
-
•
Helping Social Security by Helping Yourself
“Not retiring — instead, doing age-appropriate jobs — is at least a partial solution to the prospect of an insolvent Social Security trust fund.” ~Jimmy Alfonso Licon
-
•
“A Child Is Not the Mere Creature of the State”
“The educational diversity that exists today — district schools, private schools, charter schools, home schools, and microschools among them — are an enduring testimony to the Pierce decision and to that bedrock principle.” ~Jeff Ziegler
-
•
Communism’s Routine Evil: East German Edition
“Hoyer attempts to provide a sympathetic reading of an alternative to capitalism – one that engaged in brutality, sure, but made such wonderful strides for inequality, women, and workers, and in which individuals did make their way and find meaning. In doing so, she ignores one big problem: the bodies.” ~Nikolai Wenzel
-
•
Why Does the Federal Government Borrow?
“Policymakers have an incentive to finance spending with money printing and debt to hide the cost of spending from taxpayers. These costs cannot be hidden forever, though.” ~Thomas Savidge
-
•
Robinson-Patman Deserves Last Rites, Not Resurrection
“It strips consumers’ freedom to choose for themselves in an area they are far more competent at than government ‘enforcers,’ combined with the chutzpah of claiming that its purpose is to benefit competition.” ~Gary M. Galles