Daily Economy
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Young People Aren’t Nearly Angry Enough About Government Debt
“We each owe more than $100,000 as a share of the national debt… Our earning years are subsidizing not our own economic coming-of-age, but retirement and medical benefits for people who navigated a less-challenging wealth-building landscape.” ~Laura Williams
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Dynamic Pricing Puts the “Fast” Back in Fast Food
“By offering lower prices in off-peak hours, Wendy’s would be able to attract more customers overall, thus charging lower prices on average, even if prices during peak periods were higher than what they charge now.” Thomas Savidge and Louis Rouanet
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Commoditizing Excess Capacity
“If all the cars, and apartments, have people using them, and all the tools have people making things with them, we will need far fewer of those things. We have ‘enough’ stuff, it’s just in the closet.” ~Michael Munger
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How the West Won the Money Race
“Today the world still benefits from monetary and financial innovations begun in China, then picked up and carried like a baton in Renaissance Europe.” ~Paul McDonnold
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Unrealized Gains Tax is an Economic Fallacy
“Taxing unrealized capital gains from property, stocks, and other assets is a bad idea. It undermines economic growth, stifles innovation, and infringes on personal liberty.” ~Vance Ginn
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Heaps of Trouble
“The reason sorites logic is so difficult to diffuse is that there is no obvious line or threshold to be established somewhere between the incremental steps that begin with a budget surplus and end with a budget consumed by interest payments.” ~Jimmy Alfonso Licon
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Two Birds of a Fiscal Feather
“Both property tax increases and rent control continue to be controversial, after decades, in that they both represent forms of grand theft against housing owners and rental housing providers.” ~Gary M. Galles
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NAFTA: 30 Years of Driving Free Trade Critics Crazy
“If the United States has been harmed by NAFTA, it is perhaps found in the misplaced attention it receives. Energy devoted to the trade deal’s alleged harm is attention deflected from actual policy missteps.” ~Colin Grabow
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“Stabilization” Is Just Bad Old Rent Control
“Just about the worst way to ‘help’ renters is by punishing property owners for providing rental housing, which is just what rent caps do.” ~Jason Sorens
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Campus Incitement
“What does it say of such highly respected places that some of their carefully selected students are bigots who want to replicate the ‘final solution’ of Nazi Germany? This is total, complete, moral bankruptcy.” ~Walter Block and Alan Futerman
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•
Young People Aren’t Nearly Angry Enough About Government Debt
“We each owe more than $100,000 as a share of the national debt… Our earning years are subsidizing not our own economic coming-of-age, but retirement and medical benefits for people who navigated a less-challenging wealth-building landscape.” ~Laura Williams
-
•
Dynamic Pricing Puts the “Fast” Back in Fast Food
“By offering lower prices in off-peak hours, Wendy’s would be able to attract more customers overall, thus charging lower prices on average, even if prices during peak periods were higher than what they charge now.” Thomas Savidge and Louis Rouanet
-
•
Commoditizing Excess Capacity
“If all the cars, and apartments, have people using them, and all the tools have people making things with them, we will need far fewer of those things. We have ‘enough’ stuff, it’s just in the closet.” ~Michael Munger
-
•
How the West Won the Money Race
“Today the world still benefits from monetary and financial innovations begun in China, then picked up and carried like a baton in Renaissance Europe.” ~Paul McDonnold
-
•
Unrealized Gains Tax is an Economic Fallacy
“Taxing unrealized capital gains from property, stocks, and other assets is a bad idea. It undermines economic growth, stifles innovation, and infringes on personal liberty.” ~Vance Ginn
-
•
Heaps of Trouble
“The reason sorites logic is so difficult to diffuse is that there is no obvious line or threshold to be established somewhere between the incremental steps that begin with a budget surplus and end with a budget consumed by interest payments.” ~Jimmy Alfonso Licon
-
•
Two Birds of a Fiscal Feather
“Both property tax increases and rent control continue to be controversial, after decades, in that they both represent forms of grand theft against housing owners and rental housing providers.” ~Gary M. Galles
-
•
NAFTA: 30 Years of Driving Free Trade Critics Crazy
“If the United States has been harmed by NAFTA, it is perhaps found in the misplaced attention it receives. Energy devoted to the trade deal’s alleged harm is attention deflected from actual policy missteps.” ~Colin Grabow
-
•
“Stabilization” Is Just Bad Old Rent Control
“Just about the worst way to ‘help’ renters is by punishing property owners for providing rental housing, which is just what rent caps do.” ~Jason Sorens
-
•
Campus Incitement
“What does it say of such highly respected places that some of their carefully selected students are bigots who want to replicate the ‘final solution’ of Nazi Germany? This is total, complete, moral bankruptcy.” ~Walter Block and Alan Futerman