Daily Economy
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Choosing to Remain in the Global Market Economy
“People who have actually experienced the ‘security’ that comes from insulation from market forces understand that the price they pay for this ‘security’ is far too high.” ~ Donald J. Boudreaux
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Four Ways to Get What You Want
“For most of our existence, life was solitary, poor, nasty, brutish, and short for pretty much everybody. Then we became a society of traders rather than a society of raiders.” ~ Art Carden
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4th Quarter 2022 GDP Shows Growth, but Deteriorating Fundamentals
“The US economy grew in the 4th quarter of 2022, but caution is warranted. Money supply growth has turned negative, consumer and business confidence are in decline, and economic fundamentals are softening broadly.” ~ Peter C. Earle
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How Two Corn Cobs Upended A Foreign Aid Model in Zimbabwe
“It may not be the silver bullet to defeat food insecurity across Africa, but it shows that solutions to thorny problems can start with something as simple as two corn cobs, rather than expensive approaches that result in lifelong dependency on other nations.” ~ Craig J. Richardson
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But Who Will Build the Roads: A Parable
“Maybe, others one day will join the call once they hear how much cash could be recouped and costs and delays avoided by returning to the path once heavily traveled, the one where travelers, not Leviathan, decide how best to travel hither and thither.” ~ Robert E. Wright
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What Accounts for All This Stuff?
“For anyone who is aware of the indescribable complexity and enormous productivity of the global market economy, nothing does more to drain credibility from capitalism’s critics than these critics’ apparent ignorance of this complexity and productivity.” ~ Donald J. Boudreaux
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Obstacles to Freedom Can Be the Way to Freedom
“If we set our purpose to learn from obstacles, today, there is no better opportunity to choose freedom over violence. Thankfully, Read, Aurelius, and Emerson point the way; the more significant the obstacles, the greater the potential change.” ~ Barry Brownstein
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Rising Use of the Fed’s Discount Window Raises Questions
“The fact that the amounts being borrowed at the discount window are rising in an oscillatory fashion with progressively higher ‘highs’ and higher ‘lows’ hints, while not conclusively, that the amounts being borrowed are increasing as the Fed increases rates.” ~ Peter C. Earle
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Davos and the Holy Grail of Equity
“At what point will their good intentions lead to tyranny? Did we learn nothing from the pandemic, when government overreach led to economic, health, and educational disasters?” ~ Caroline Breashears
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A Dispatch From the Corporatized Dystopia: Bring on the Chains!
“If there’s still money to be made, consumers are voting for more, and it is not my prerogative, nor yours, or Bernie Sanders’, or anyone else’s to suppress those votes.” ~ Art Carden
-
•
Choosing to Remain in the Global Market Economy
“People who have actually experienced the ‘security’ that comes from insulation from market forces understand that the price they pay for this ‘security’ is far too high.” ~ Donald J. Boudreaux
-
•
Four Ways to Get What You Want
“For most of our existence, life was solitary, poor, nasty, brutish, and short for pretty much everybody. Then we became a society of traders rather than a society of raiders.” ~ Art Carden
-
•
4th Quarter 2022 GDP Shows Growth, but Deteriorating Fundamentals
“The US economy grew in the 4th quarter of 2022, but caution is warranted. Money supply growth has turned negative, consumer and business confidence are in decline, and economic fundamentals are softening broadly.” ~ Peter C. Earle
-
•
How Two Corn Cobs Upended A Foreign Aid Model in Zimbabwe
“It may not be the silver bullet to defeat food insecurity across Africa, but it shows that solutions to thorny problems can start with something as simple as two corn cobs, rather than expensive approaches that result in lifelong dependency on other nations.” ~ Craig J. Richardson
-
•
But Who Will Build the Roads: A Parable
“Maybe, others one day will join the call once they hear how much cash could be recouped and costs and delays avoided by returning to the path once heavily traveled, the one where travelers, not Leviathan, decide how best to travel hither and thither.” ~ Robert E. Wright
-
•
What Accounts for All This Stuff?
“For anyone who is aware of the indescribable complexity and enormous productivity of the global market economy, nothing does more to drain credibility from capitalism’s critics than these critics’ apparent ignorance of this complexity and productivity.” ~ Donald J. Boudreaux
-
•
Obstacles to Freedom Can Be the Way to Freedom
“If we set our purpose to learn from obstacles, today, there is no better opportunity to choose freedom over violence. Thankfully, Read, Aurelius, and Emerson point the way; the more significant the obstacles, the greater the potential change.” ~ Barry Brownstein
-
•
Rising Use of the Fed’s Discount Window Raises Questions
“The fact that the amounts being borrowed at the discount window are rising in an oscillatory fashion with progressively higher ‘highs’ and higher ‘lows’ hints, while not conclusively, that the amounts being borrowed are increasing as the Fed increases rates.” ~ Peter C. Earle
-
•
Davos and the Holy Grail of Equity
“At what point will their good intentions lead to tyranny? Did we learn nothing from the pandemic, when government overreach led to economic, health, and educational disasters?” ~ Caroline Breashears
-
•
A Dispatch From the Corporatized Dystopia: Bring on the Chains!
“If there’s still money to be made, consumers are voting for more, and it is not my prerogative, nor yours, or Bernie Sanders’, or anyone else’s to suppress those votes.” ~ Art Carden