Daily Economy
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Who is “Accountable” to Whom?
“When people talk about ‘holding corporations accountable,’ they usually mean ‘accountable to observers with no serious stake in what they are doing and who bear no meaningful personal cost if their calls for accountability are misplaced.'” ~ Art Carden
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After the Speakership Fight: What Now in the House?
“Even if spending cuts don’t go beyond the House, the Republicans will at least be linking themselves to something more than the lurid distortions of Trumpism that spook centrist voters.” ~ David B. Frisk
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Evidence that Economic Freedom Improves Outcomes
“The four most recent decades of evidence support the claim that Thomas Jefferson made twenty-two decades ago: societies achieve the best outcomes when their governments prevent people from harming each other, but otherwise leave them alone.” ~ Antony Davies
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An Omni-Wreck Waiting to Happen
“It’s time for us to acknowledge the society they are creating and to hold them accountable. If our current legislators won’t apply the brakes on this train, we need to do so in the next election.” ~ Caroline Breashears
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The Supreme Court’s Complicity in Our Loss of Freedom
“Too many of the former and present members of the Court think of themselves as the nation’s conscience, but they have a great number of sins, both of commission and omission, to atone for” ~ George Leef
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Consumer Sentiment Rose and Inflation Expectations Fell Sharply in January
“Consumer sentiment improved in January, sustaining the recent uptrend, though the overall level remains weak. Short-term inflation expectations fell sharply, and long-run expectations remain well anchored.” ~ Robert Hughes
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Welcome the Disinflation, Beware the Narrative
“Let us all hope that disinflation proceeds expeditiously and, if it does, we remain mindful that the outcome is in spite of, rather than owing to, central bankers and their narrow assortment of lagging and unpredictable policy instruments.” ~ Peter C. Earle
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How Individuals Enable Tyranny
“Mill, Havel, and Kundera all point us to a terrible truth: our moral weakness, desire to evade responsibility, and illusion that the majority makes right have led us down the slippery slope of forfeiting our freedom.” ~ Barry Brownstein
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Weekly Initial Unemployment Claims Fell Slightly
“Initial claims fell slightly, but job cut announcements are trending higher. Elevated consumer price increases and aggressive Fed tightening remain major risks for the economic outlook.” ~ Robert Hughes
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Chatbots Killed the Academic Star
“The standard career strategy (‘write and publish a whole bunch of papers even if no one ever reads them’) will no longer be viable. It’s not clear this is bad, in most disciplines.” ~ Michael C. Munger
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•
Who is “Accountable” to Whom?
“When people talk about ‘holding corporations accountable,’ they usually mean ‘accountable to observers with no serious stake in what they are doing and who bear no meaningful personal cost if their calls for accountability are misplaced.'” ~ Art Carden
-
•
After the Speakership Fight: What Now in the House?
“Even if spending cuts don’t go beyond the House, the Republicans will at least be linking themselves to something more than the lurid distortions of Trumpism that spook centrist voters.” ~ David B. Frisk
-
•
Evidence that Economic Freedom Improves Outcomes
“The four most recent decades of evidence support the claim that Thomas Jefferson made twenty-two decades ago: societies achieve the best outcomes when their governments prevent people from harming each other, but otherwise leave them alone.” ~ Antony Davies
-
•
An Omni-Wreck Waiting to Happen
“It’s time for us to acknowledge the society they are creating and to hold them accountable. If our current legislators won’t apply the brakes on this train, we need to do so in the next election.” ~ Caroline Breashears
-
•
The Supreme Court’s Complicity in Our Loss of Freedom
“Too many of the former and present members of the Court think of themselves as the nation’s conscience, but they have a great number of sins, both of commission and omission, to atone for” ~ George Leef
-
•
Consumer Sentiment Rose and Inflation Expectations Fell Sharply in January
“Consumer sentiment improved in January, sustaining the recent uptrend, though the overall level remains weak. Short-term inflation expectations fell sharply, and long-run expectations remain well anchored.” ~ Robert Hughes
-
•
Welcome the Disinflation, Beware the Narrative
“Let us all hope that disinflation proceeds expeditiously and, if it does, we remain mindful that the outcome is in spite of, rather than owing to, central bankers and their narrow assortment of lagging and unpredictable policy instruments.” ~ Peter C. Earle
-
•
How Individuals Enable Tyranny
“Mill, Havel, and Kundera all point us to a terrible truth: our moral weakness, desire to evade responsibility, and illusion that the majority makes right have led us down the slippery slope of forfeiting our freedom.” ~ Barry Brownstein
-
•
Weekly Initial Unemployment Claims Fell Slightly
“Initial claims fell slightly, but job cut announcements are trending higher. Elevated consumer price increases and aggressive Fed tightening remain major risks for the economic outlook.” ~ Robert Hughes
-
•
Chatbots Killed the Academic Star
“The standard career strategy (‘write and publish a whole bunch of papers even if no one ever reads them’) will no longer be viable. It’s not clear this is bad, in most disciplines.” ~ Michael C. Munger