Daily Economy
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Recessions as Murder Mysteries: Are Business Cycles Just a Myth?
In his new book ‘Recession,’ economist Tyler Goodspeed argues that economic downturns are caused by real shocks, not predictable business cycles.
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Can Stock Indexes Afford to Ignore SpaceX?
Firms that grow large before going public raise questions about whether index membership rules shape market reality rather than merely reflect it.
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Early Progressives Understood What Minimum Wages Do
Progressives once embraced minimum wages as a tool to exclude marginal workers from the labor market. Modern advocates have different goals, but the same economic effect.
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Bessent’s Neo-Mercantilism: New Podium, Old Mistakes
Treasury Secretary Scott Bessent and others argue that tariffs and industrial policy can restore America’s strength. In reality, diversified supply chains and open markets provide greater resilience than economic nationalism.
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Section 301 ‘Forced Labor’ Tariffs Would Dangerously Expand Executive Power
The White House has yet another rationale for tariffs, and it’s another attack on the separation of powers.
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Are OPEC’s Days of Dominance Over? Why the Cartel Is Cracking
Once a dominant force in global energy markets, OPEC is facing growing fragmentation from within and intensifying competition from without.
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The Myth of a Permanently Poor Underclass
The bottom income quintile is not a static social class but a temporary snapshot of lives in motion. Most Americans do not remain poor for life, and removing policy barriers can help more people move up.
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Roddie Edmonds and the Power of Saying No
Liberty depends on individuals saying no to power, especially when authority demands moral compromise, as one American officer proved behind barbed wire in World War II.
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The Land of Fire and the Cost of Green Scarcity
Azerbaijan’s energy-dependent economy and California’s costly climate mandates reveal a common lesson: environmental policy works when it is local, adaptable, and intellectually humble.
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Big Government Is Why Politics Keeps Getting More Extreme
James Buchanan’s Public Choice framework helps explain why political conflict intensifies and rhetoric becomes more divisive as government power grows.
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•
Recessions as Murder Mysteries: Are Business Cycles Just a Myth?
In his new book ‘Recession,’ economist Tyler Goodspeed argues that economic downturns are caused by real shocks, not predictable business cycles.
-
•
Can Stock Indexes Afford to Ignore SpaceX?
Firms that grow large before going public raise questions about whether index membership rules shape market reality rather than merely reflect it.
-
•
Early Progressives Understood What Minimum Wages Do
Progressives once embraced minimum wages as a tool to exclude marginal workers from the labor market. Modern advocates have different goals, but the same economic effect.
-
•
Bessent’s Neo-Mercantilism: New Podium, Old Mistakes
Treasury Secretary Scott Bessent and others argue that tariffs and industrial policy can restore America’s strength. In reality, diversified supply chains and open markets provide greater resilience than economic nationalism.
-
•
Section 301 ‘Forced Labor’ Tariffs Would Dangerously Expand Executive Power
The White House has yet another rationale for tariffs, and it’s another attack on the separation of powers.
-
•
Are OPEC’s Days of Dominance Over? Why the Cartel Is Cracking
Once a dominant force in global energy markets, OPEC is facing growing fragmentation from within and intensifying competition from without.
-
•
The Myth of a Permanently Poor Underclass
The bottom income quintile is not a static social class but a temporary snapshot of lives in motion. Most Americans do not remain poor for life, and removing policy barriers can help more people move up.
-
•
Roddie Edmonds and the Power of Saying No
Liberty depends on individuals saying no to power, especially when authority demands moral compromise, as one American officer proved behind barbed wire in World War II.
-
•
The Land of Fire and the Cost of Green Scarcity
Azerbaijan’s energy-dependent economy and California’s costly climate mandates reveal a common lesson: environmental policy works when it is local, adaptable, and intellectually humble.
-
•
Big Government Is Why Politics Keeps Getting More Extreme
James Buchanan’s Public Choice framework helps explain why political conflict intensifies and rhetoric becomes more divisive as government power grows.