Daily Economy
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Protecting Competition or Preventing It?
“If you can’t reduce competition in the sense of harming rivals, you cannot engage in rivalry seeking to benefit consumers. ” ~ Gary Galles
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AngerSong
“He doesn’t point his accusing finger at the one-percent or evil corporations, he goes right for that 68-or-so square miles of land sandwiched between Virginia and Maryland and the sort of people who inevitably find their way there.” ~ James R. Harrigan
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“Rich Men North of Richmond” Undeniably Captures a Moment
“The song works because it is a refreshing depiction of the harms a runaway federal government has inflicted on working Americans, sung by a working American.” ~ David Waugh
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Inflation: Expected and Unexpected
“Expectations may be rational, but this doesn’t mean they’re right. And, this doesn’t mean there won’t be hell to pay when they’re wrong.” ~ Clifford Thies
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In the Land of the Free, Americans are Still Fighting for the Freedom to Pump Gas
“The claim that pumping fuel is some kind of safety hazard is of course even sillier today than it was in 1949.” ~ Jon Miltimore
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The Opportunity Costs of FTC Merger Meddling
“Success is never guaranteed in a market economy, and business failure is not uncommon for industry leaders. Blockbuster and Kodak had near monopolistic status in their respective sectors but that couldn’t save them from tech innovations that took them down.” ~ Kimberlee Josephson
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Adam Smith Provided a Moral Foundation for Workers’ Freedoms
“The moral proposition is that it is good for individuals to be free to work and contract as they choose. The economic proposition is that such freedom generates spectacular wealth.” ~ David McGarry
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Matt Taibbi’s Courageous Fight Against Censorship
“Matt Taibbi has demonstrated his outstanding proficiency and excellence as a journalist by consistently exposing the covert development of a wide-spread network of state-sponsored censorship.” ~ Steve Dewey
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Crowdfund the Coliseum
“It’s an updated form of participatory democracy, with citizens ‘voting’ with their dollars. The fundamental difference lies in choice, as people aren’t taxed forcibly but choose to back a project or refrain.” ~ Max Borders
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Economic Parasites: Their Gain, Your Pain
“Just as biological parasites try to hide in the recesses of host bodies, economic parasites try to hide in the recesses of the body politic. Some, like leeches, cling tenaciously when exposed to the light. Others, like hookworms, feed deep in the belly of the economic beast.” ~ Robert E. Wright
-
•
Protecting Competition or Preventing It?
“If you can’t reduce competition in the sense of harming rivals, you cannot engage in rivalry seeking to benefit consumers. ” ~ Gary Galles
-
•
AngerSong
“He doesn’t point his accusing finger at the one-percent or evil corporations, he goes right for that 68-or-so square miles of land sandwiched between Virginia and Maryland and the sort of people who inevitably find their way there.” ~ James R. Harrigan
-
•
“Rich Men North of Richmond” Undeniably Captures a Moment
“The song works because it is a refreshing depiction of the harms a runaway federal government has inflicted on working Americans, sung by a working American.” ~ David Waugh
-
•
Inflation: Expected and Unexpected
“Expectations may be rational, but this doesn’t mean they’re right. And, this doesn’t mean there won’t be hell to pay when they’re wrong.” ~ Clifford Thies
-
•
In the Land of the Free, Americans are Still Fighting for the Freedom to Pump Gas
“The claim that pumping fuel is some kind of safety hazard is of course even sillier today than it was in 1949.” ~ Jon Miltimore
-
•
The Opportunity Costs of FTC Merger Meddling
“Success is never guaranteed in a market economy, and business failure is not uncommon for industry leaders. Blockbuster and Kodak had near monopolistic status in their respective sectors but that couldn’t save them from tech innovations that took them down.” ~ Kimberlee Josephson
-
•
Adam Smith Provided a Moral Foundation for Workers’ Freedoms
“The moral proposition is that it is good for individuals to be free to work and contract as they choose. The economic proposition is that such freedom generates spectacular wealth.” ~ David McGarry
-
•
Matt Taibbi’s Courageous Fight Against Censorship
“Matt Taibbi has demonstrated his outstanding proficiency and excellence as a journalist by consistently exposing the covert development of a wide-spread network of state-sponsored censorship.” ~ Steve Dewey
-
•
Crowdfund the Coliseum
“It’s an updated form of participatory democracy, with citizens ‘voting’ with their dollars. The fundamental difference lies in choice, as people aren’t taxed forcibly but choose to back a project or refrain.” ~ Max Borders
-
•
Economic Parasites: Their Gain, Your Pain
“Just as biological parasites try to hide in the recesses of host bodies, economic parasites try to hide in the recesses of the body politic. Some, like leeches, cling tenaciously when exposed to the light. Others, like hookworms, feed deep in the belly of the economic beast.” ~ Robert E. Wright