Daily Economy
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The Tax Code: A Playground for the Few, A Labyrinth for the Many
“The tax code’s complexity has created an environment in which tax-preparation services, lobbyists, favored industries, and politicians thrive, while taxpayers struggle to make sense of ever-changing rules and regulations.” ~ Antony Davies
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Industrial Policy Does Indeed Fall Victim to the Knowledge Problem
“Prices, asset values, and profits and losses determined in open markets in which people spend and invest their own (and only their own) money are the only sources of information in a modern economy about which resource uses are worthwhile and which resource uses aren’t worthwhile.” ~ Donald J. Boudreaux
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Hayek and Bitcoin
“By seemingly enormous coincidence, Satoshi (assuming he was unaware at the time), would have probably been delighted to learn that in Hayek’s same ‘sly roundabout way’ video interview, he held up a copy of The Times newspaper and declared: ‘I read this everyday.’ Great minds think alike.” ~ Emile Phaneuf
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Caitlin Long: Fighting for Economic Freedom (Video)
“In this episode of Liberty Curious, Kate Wand spoke with Caitlin Long, founder of Custodia, a financial institution anchored around bitcoin, sound money, and safe banking.” ~ AIER
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Online Security Concerns Shouldn’t Enable a Surveillance State
“Historical and empirical evidence proves that a decentralized economy leads to progress and prosperity, so we should enable our digital economy with the same approach.” ~ Kimberlee Josephson
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Manners, the Coase Theorem, and a Park Bench in London
“There are some situations, though, where no one knows who has the initial property right assignment. Under those circumstances, the negotiation is more free form, but the best outcome still depends on how much the parties involved value the alternatives.” ~ Michael C. Munger
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Is It An Economic Crime To Import a Soccer Jersey?
“One of the hardiest and most enduring fallacies in economics is the mercantilist fallacy: buying from foreigners is bad for us because we should ‘keep the money here;’ selling to foreigners is good for us because we can pile up more money.” ~ Art Carden
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Immigration Can Ease America’s Labor Shortage
“We can — and should — offer ways to draw these domestic workers back into the American economy without casting aside the vast reservoir of immigrant workers awaiting their chance at a new life.” ~ Michael N. Peterson
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AIER’s Everyday Price Index Flat in March 2023
“AIER’s Everyday Price Index (EPI) rose 0.03 percent in March 2023, following increases of 0.93 percent in January and 0.67 percent in February.” ~ Peter C. Earle
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The Climate Collapse Thesis
“The COVID-19 pandemic showed what can happen to a society that is being shut down in the name of saving humanity. That was but a taste of what the powerful will do if we accept the Climate Collapse Thesis and all the “action” that comes with it.” ~ Max Borders
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•
The Tax Code: A Playground for the Few, A Labyrinth for the Many
“The tax code’s complexity has created an environment in which tax-preparation services, lobbyists, favored industries, and politicians thrive, while taxpayers struggle to make sense of ever-changing rules and regulations.” ~ Antony Davies
-
•
Industrial Policy Does Indeed Fall Victim to the Knowledge Problem
“Prices, asset values, and profits and losses determined in open markets in which people spend and invest their own (and only their own) money are the only sources of information in a modern economy about which resource uses are worthwhile and which resource uses aren’t worthwhile.” ~ Donald J. Boudreaux
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•
Hayek and Bitcoin
“By seemingly enormous coincidence, Satoshi (assuming he was unaware at the time), would have probably been delighted to learn that in Hayek’s same ‘sly roundabout way’ video interview, he held up a copy of The Times newspaper and declared: ‘I read this everyday.’ Great minds think alike.” ~ Emile Phaneuf
-
•
Caitlin Long: Fighting for Economic Freedom (Video)
“In this episode of Liberty Curious, Kate Wand spoke with Caitlin Long, founder of Custodia, a financial institution anchored around bitcoin, sound money, and safe banking.” ~ AIER
-
•
Online Security Concerns Shouldn’t Enable a Surveillance State
“Historical and empirical evidence proves that a decentralized economy leads to progress and prosperity, so we should enable our digital economy with the same approach.” ~ Kimberlee Josephson
-
•
Manners, the Coase Theorem, and a Park Bench in London
“There are some situations, though, where no one knows who has the initial property right assignment. Under those circumstances, the negotiation is more free form, but the best outcome still depends on how much the parties involved value the alternatives.” ~ Michael C. Munger
-
•
Is It An Economic Crime To Import a Soccer Jersey?
“One of the hardiest and most enduring fallacies in economics is the mercantilist fallacy: buying from foreigners is bad for us because we should ‘keep the money here;’ selling to foreigners is good for us because we can pile up more money.” ~ Art Carden
-
•
Immigration Can Ease America’s Labor Shortage
“We can — and should — offer ways to draw these domestic workers back into the American economy without casting aside the vast reservoir of immigrant workers awaiting their chance at a new life.” ~ Michael N. Peterson
-
•
AIER’s Everyday Price Index Flat in March 2023
“AIER’s Everyday Price Index (EPI) rose 0.03 percent in March 2023, following increases of 0.93 percent in January and 0.67 percent in February.” ~ Peter C. Earle
-
•
The Climate Collapse Thesis
“The COVID-19 pandemic showed what can happen to a society that is being shut down in the name of saving humanity. That was but a taste of what the powerful will do if we accept the Climate Collapse Thesis and all the “action” that comes with it.” ~ Max Borders