Daily Economy
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The Constitution Is Dead. We’re Giving Away $20,000 to Create a New One.
“Too many intellectuals and activists play fast and loose with terms like ‘social contract,’ which is why a Constitution of Consent is one people will literally sign.” ~ Max Borders
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A Higher Minimum Wage, More Unions, and More Public Housing. Review of ‘Poverty, by America’ by Matthew Desmond
“Desmond’s policy proposals almost all double down on collaboration between big government, big business, and big labor–the ‘system’ against which the American left first cut its teeth protesting.” ~ Max Gulker
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Media Independence Does Not Really Mean Media Independence
“No politician needs to bribe a journalist. All that is needed is a politician’s power to sculpt the shape of the news market in ways that are to his advantage.” ~ Vincent Geloso
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Continuing to Get Straight the Facts About the American Economy
“Despite governments at the local, state, and federal levels all obstructing, in various ways, the process of entrepreneurial wealth creation, the robustness of the American economy continues to impress.”
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Business Conditions Monthly April 2023
“AIER’s April Business Conditions Monthly indicators reflect the disparate, and to some extent offsetting economic signals emergent within the US economy today.” ~ Peter C. Earle
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The Socialist Generation Debate
“The information required to ‘calculate’ the correct choice literally does not exist until market processes are allowed to generate information about the relative opportunity costs of various resources.” ~ Michael Munger
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Bill and Ted Take Joan of Arc to Walmart
“What I think is most striking about Walmart – and what I would hope Joan of Arc, Genghis Khan, Socrates, and others would notice – is that the floor-to-ceiling cornucopia is not restricted to the elites.” ~ Art Carden
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Why We Need Acquisitions and Why Khan’s Concerns are Bad for Business
“Antitrust cases cost a great deal of time and money, and yet Lina Khan asserts that FTC will be looking more closely at M&As both past and present — and this assertion should be of concern to any entrepreneur and any corporate investor.” ~Kimberlee Josephson
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We Are Measuring Inflation All Wrong: Non-Housing Inflation is Very Low
“Lagged OER and rent overstated inflation by more than two percentage points over the past ten months – raising it to 3.3 percent from 0.6 percent.” ~ Alan Reynolds
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Bud Light’s Sales Implosion, Explained (by Mises)
“Instead of focusing on creating value and serving consumers, companies are forced to dance to the ESG piper’s tune and perform whatever social initiatives a tiny cabal of people regard as important.” ~ Jon Miltimore
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•
The Constitution Is Dead. We’re Giving Away $20,000 to Create a New One.
“Too many intellectuals and activists play fast and loose with terms like ‘social contract,’ which is why a Constitution of Consent is one people will literally sign.” ~ Max Borders
-
•
A Higher Minimum Wage, More Unions, and More Public Housing. Review of ‘Poverty, by America’ by Matthew Desmond
“Desmond’s policy proposals almost all double down on collaboration between big government, big business, and big labor–the ‘system’ against which the American left first cut its teeth protesting.” ~ Max Gulker
-
•
Media Independence Does Not Really Mean Media Independence
“No politician needs to bribe a journalist. All that is needed is a politician’s power to sculpt the shape of the news market in ways that are to his advantage.” ~ Vincent Geloso
-
•
Continuing to Get Straight the Facts About the American Economy
“Despite governments at the local, state, and federal levels all obstructing, in various ways, the process of entrepreneurial wealth creation, the robustness of the American economy continues to impress.”
-
•
Business Conditions Monthly April 2023
“AIER’s April Business Conditions Monthly indicators reflect the disparate, and to some extent offsetting economic signals emergent within the US economy today.” ~ Peter C. Earle
-
•
The Socialist Generation Debate
“The information required to ‘calculate’ the correct choice literally does not exist until market processes are allowed to generate information about the relative opportunity costs of various resources.” ~ Michael Munger
-
•
Bill and Ted Take Joan of Arc to Walmart
“What I think is most striking about Walmart – and what I would hope Joan of Arc, Genghis Khan, Socrates, and others would notice – is that the floor-to-ceiling cornucopia is not restricted to the elites.” ~ Art Carden
-
•
Why We Need Acquisitions and Why Khan’s Concerns are Bad for Business
“Antitrust cases cost a great deal of time and money, and yet Lina Khan asserts that FTC will be looking more closely at M&As both past and present — and this assertion should be of concern to any entrepreneur and any corporate investor.” ~Kimberlee Josephson
-
•
We Are Measuring Inflation All Wrong: Non-Housing Inflation is Very Low
“Lagged OER and rent overstated inflation by more than two percentage points over the past ten months – raising it to 3.3 percent from 0.6 percent.” ~ Alan Reynolds
-
•
Bud Light’s Sales Implosion, Explained (by Mises)
“Instead of focusing on creating value and serving consumers, companies are forced to dance to the ESG piper’s tune and perform whatever social initiatives a tiny cabal of people regard as important.” ~ Jon Miltimore