Daily Economy
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Meet the Economist NPR Interviewed to Explain Why America’s $34 Trillion Debt Is Definitely Not a Problem
“Printing mass amounts of money cannot solve the problem of scarcity. This fundamental economic reality, that we have limited resources and limitless wants, seems lost on Kelton.” ~Jon Miltimore
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Presidents May Want a Line-Item Veto, but Citizens May Not
“The main story being told around the line-item veto focuses on congressional special interests. But Presidents have plenty of special interests, too.” ~Gary M. Galles
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On Comparative Advantage and International Capital Mobility
“If each country specializes in its comparative advantage and trades with the other, the people of both countries gain.” ~Donald J. Boudreaux
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You Are Making a Difference. You Just Have To Know How to Look At It.
“Someone who designs a better salad bar or who lays out a better floor plan for a grocery store might not think he’s feeding the poor, clothing the naked, or fighting food insecurity. But he is.” ~Art Carden
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Chris Rock Portrays the Tragicomedy of the Minimum Wage
“Much has improved in race relations since Martin Luther King. But the same cannot be said of the laws governing labor markets.” ~Scott Drylie
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Can BRICS Displace the Dollar?
“The noise from BRICS about creating their own reserve currency and abandoning the dollar is little more than noise. As irresponsible as the Fed has been, BRICS policymakers apparently want to inflate faster than even the Fed will allow.” ~Robert F. Mulligan
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Property in Words: Not Even Under Suspicion
“Respect for the creators of ideas, and the words through which those ideas are conveyed in the literature, is the highest value we have in the academy.” ~Michael Munger
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The Beginning of the Modern World: It Was Always the Dutch
“The Dutch Republic was a common destination for a brain-drain of innovators from elsewhere: merchants from the south, bakers from Germany, Portuguese and Spanish Jews.” ~Joakim Book
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Happy New Year! Have Some Inflation
“After a rough couple of rounds, inflation has come out swinging. It doesn’t have the legs for a knockout punch, but it remains a troublesome opponent.” ~Alexander W. Salter
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Tucker Carlson’s Dollar Store Takedown
“The best way to help those with lesser means is to provide them with more options. Dollar stores don’t create low-income households, they serve them.” ~Kimberlee Josephson
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•
Meet the Economist NPR Interviewed to Explain Why America’s $34 Trillion Debt Is Definitely Not a Problem
“Printing mass amounts of money cannot solve the problem of scarcity. This fundamental economic reality, that we have limited resources and limitless wants, seems lost on Kelton.” ~Jon Miltimore
-
•
Presidents May Want a Line-Item Veto, but Citizens May Not
“The main story being told around the line-item veto focuses on congressional special interests. But Presidents have plenty of special interests, too.” ~Gary M. Galles
-
•
On Comparative Advantage and International Capital Mobility
“If each country specializes in its comparative advantage and trades with the other, the people of both countries gain.” ~Donald J. Boudreaux
-
•
You Are Making a Difference. You Just Have To Know How to Look At It.
“Someone who designs a better salad bar or who lays out a better floor plan for a grocery store might not think he’s feeding the poor, clothing the naked, or fighting food insecurity. But he is.” ~Art Carden
-
•
Chris Rock Portrays the Tragicomedy of the Minimum Wage
“Much has improved in race relations since Martin Luther King. But the same cannot be said of the laws governing labor markets.” ~Scott Drylie
-
•
Can BRICS Displace the Dollar?
“The noise from BRICS about creating their own reserve currency and abandoning the dollar is little more than noise. As irresponsible as the Fed has been, BRICS policymakers apparently want to inflate faster than even the Fed will allow.” ~Robert F. Mulligan
-
•
Property in Words: Not Even Under Suspicion
“Respect for the creators of ideas, and the words through which those ideas are conveyed in the literature, is the highest value we have in the academy.” ~Michael Munger
-
•
The Beginning of the Modern World: It Was Always the Dutch
“The Dutch Republic was a common destination for a brain-drain of innovators from elsewhere: merchants from the south, bakers from Germany, Portuguese and Spanish Jews.” ~Joakim Book
-
•
Happy New Year! Have Some Inflation
“After a rough couple of rounds, inflation has come out swinging. It doesn’t have the legs for a knockout punch, but it remains a troublesome opponent.” ~Alexander W. Salter
-
•
Tucker Carlson’s Dollar Store Takedown
“The best way to help those with lesser means is to provide them with more options. Dollar stores don’t create low-income households, they serve them.” ~Kimberlee Josephson