Daily Economy
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The Carbon Offset Dilemma
“One really has to question the motives of climate activists who oppose the expansion of natural gas and nuclear power. Do they want to see realistic and sustainable environmental improvement or are they after some other kind of payout?” ~Paul Mueller
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Hayek and the End of Truth
“The underlying purpose of linguistic sabotage, logical incoherence aside, is to justify the power of a few. The actual meaning of an oxymoron like collective freedom, Hayek said, ‘is not the freedom of the members of society but the unlimited freedom of the planner to do with society what he pleases.'” ~Juliana Geran Pilon
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Tariff Truths
“President Biden has maintained his predecessor’s duties on some $370 million worth of Chinese imports. Both national conservatives and liberal protectionists are dead wrong about tariffs and growth.” ~Tarnell Brown
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Income Inequality Rightly Understood
“Any discussion of income inequality that fails to address whether the source added value for others or simply extracted unearned rents, is not merely incomplete, but misleading.” ~Robert Mulligan
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Realism, Restraint, and Prudence Needed in American Foreign Policy
“The status quo American foreign policy — based on a desire for American global primacy — does not adequately promote American interests or prosperity, and in fact harms both.” ~Andrew Byers
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Unleashing the Power of Free Markets
“The granting of monopolies was being abused by the crown, and parliament determined to do something about it. Over time, it became obvious that granting monopolies had an adverse impact on the English economy.” ~Will Sellers
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Milton Friedman Was More Like F.A. Hayek Than He Likely Knew
“While both men won the Nobel Prize in economics – Hayek in 1974 and Friedman in 1976 – economists regard the scholarly work of Hayek as differing almost categorically from that of Friedman.” ~Donald J. Boudreaux
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America’s DEI Commissars Threaten Freedom
“Today, people are told they are victims or victimizers. Victims expect the government to remedy their grievances… The pursuit of social justice would undermine equal treatment under the law.” ~Barry Brownstein
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Business Conditions Monthly December 2023
“Inflation expectations have edged higher, raising concerns about the erosion of purchasing power and living standards. In the lead-up to the November presidential elections, policymakers and market participants will closely monitor future economic data releases to gauge the trajectory of inflation and its implications for the broader economy.” ~Peter C. Earle
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E Unum Pluribus?
“A divisive diversity of special rights and special treatment for those favored by government must necessarily come at the expense of equal rights for all.” ~Gary M. Galles
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•
The Carbon Offset Dilemma
“One really has to question the motives of climate activists who oppose the expansion of natural gas and nuclear power. Do they want to see realistic and sustainable environmental improvement or are they after some other kind of payout?” ~Paul Mueller
-
•
Hayek and the End of Truth
“The underlying purpose of linguistic sabotage, logical incoherence aside, is to justify the power of a few. The actual meaning of an oxymoron like collective freedom, Hayek said, ‘is not the freedom of the members of society but the unlimited freedom of the planner to do with society what he pleases.'” ~Juliana Geran Pilon
-
•
Tariff Truths
“President Biden has maintained his predecessor’s duties on some $370 million worth of Chinese imports. Both national conservatives and liberal protectionists are dead wrong about tariffs and growth.” ~Tarnell Brown
-
•
Income Inequality Rightly Understood
“Any discussion of income inequality that fails to address whether the source added value for others or simply extracted unearned rents, is not merely incomplete, but misleading.” ~Robert Mulligan
-
•
Realism, Restraint, and Prudence Needed in American Foreign Policy
“The status quo American foreign policy — based on a desire for American global primacy — does not adequately promote American interests or prosperity, and in fact harms both.” ~Andrew Byers
-
•
Unleashing the Power of Free Markets
“The granting of monopolies was being abused by the crown, and parliament determined to do something about it. Over time, it became obvious that granting monopolies had an adverse impact on the English economy.” ~Will Sellers
-
•
Milton Friedman Was More Like F.A. Hayek Than He Likely Knew
“While both men won the Nobel Prize in economics – Hayek in 1974 and Friedman in 1976 – economists regard the scholarly work of Hayek as differing almost categorically from that of Friedman.” ~Donald J. Boudreaux
-
•
America’s DEI Commissars Threaten Freedom
“Today, people are told they are victims or victimizers. Victims expect the government to remedy their grievances… The pursuit of social justice would undermine equal treatment under the law.” ~Barry Brownstein
-
•
Business Conditions Monthly December 2023
“Inflation expectations have edged higher, raising concerns about the erosion of purchasing power and living standards. In the lead-up to the November presidential elections, policymakers and market participants will closely monitor future economic data releases to gauge the trajectory of inflation and its implications for the broader economy.” ~Peter C. Earle
-
•
E Unum Pluribus?
“A divisive diversity of special rights and special treatment for those favored by government must necessarily come at the expense of equal rights for all.” ~Gary M. Galles