Daily Economy
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Unit Auto Sales Fell in November
“Light-vehicle sales fell in November following a rise in inventory and drop in prices in October.” ~ Robert Hughes
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Crypto Bad!
“When people say crypto bad, we have first to ask: what specific aspect of the cryptocurrency industry are you talking about? Then the follow-up question must always be: compared to what?” ~ Max Borders
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The Malthusian Contradiction
“The truth is that it’s humans who create resources in the first place. When Malthusians point to explosive population growth, they think they are identifying a problem. They are actually identifying the solution.” ~ Antony Davies
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Real Progressives Would Support Bitcoin and the Crypto Economy, Not Regulate It Away
“Using the failures and crimes of politically connected crypto-exchanges like FTX to effectively chill innovation in this sector and regulate it away would deprive many Americans of new economic technology that could change lives for the better.” ~ Yaël Ossowski
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Why Business Should Dispense with ESG
“It is not a stretch to imagine how executives could appeal to their higher ESG responsibilities to justify lower returns to investors. Nor is it hard to see companies using these broad ESG commitments to curry favor with political leaders who prioritize specific causes.” ~ Samuel Gregg
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Professors Are Not “Priests of Democracy”
“If we ascribe qualities like academic freedom, free speech, opposition to censorship, and skepticism of government to American democracy, as Walker does, then we should avoid putting academia on a pedestal it does not deserve.” ~ Garion Frankel
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American Health Care Consumers Should Have Access to Drugs and Devices Benefitting People in Developed Countries
“If members of the incoming Congress are serious about increasing access to health care and reducing health care costs, they should, at a minimum, pass a law that allows for drug and device ‘reciprocity’ with other developed nations.” ~ Jeffrey A. Singer
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Payroll Gains Beat Expectations, but the Pace Is Slowing
“Payrolls gains beat expectations in November, but the pace appears to be slowing. Mixed signs for the labor market, sustained price pressures, and an aggressive Fed tightening cycle remain risks to the outlook.” ~ Robert Hughes
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Inflation is Deflating the American Dream
“Big-government policies must end before they send us further down the road to serfdom. Our newly elected officials have a responsibility to prioritize fighting inflation, and restoring the American Dream.” ~ Vance Ginn
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DEA Whistleblower Claims Mass Fraud and Corruption. Is Anyone Surprised?
“What’s good for violent drug cartels is good for the DEA, but bad for the rest of the human race. DEA agents are immersed in a violent and shady world, largely subsidized by US taxpayers and through theft via asset forfeiture.” ~ Laura Williams
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•
Unit Auto Sales Fell in November
“Light-vehicle sales fell in November following a rise in inventory and drop in prices in October.” ~ Robert Hughes
-
•
Crypto Bad!
“When people say crypto bad, we have first to ask: what specific aspect of the cryptocurrency industry are you talking about? Then the follow-up question must always be: compared to what?” ~ Max Borders
-
•
The Malthusian Contradiction
“The truth is that it’s humans who create resources in the first place. When Malthusians point to explosive population growth, they think they are identifying a problem. They are actually identifying the solution.” ~ Antony Davies
-
•
Real Progressives Would Support Bitcoin and the Crypto Economy, Not Regulate It Away
“Using the failures and crimes of politically connected crypto-exchanges like FTX to effectively chill innovation in this sector and regulate it away would deprive many Americans of new economic technology that could change lives for the better.” ~ Yaël Ossowski
-
•
Why Business Should Dispense with ESG
“It is not a stretch to imagine how executives could appeal to their higher ESG responsibilities to justify lower returns to investors. Nor is it hard to see companies using these broad ESG commitments to curry favor with political leaders who prioritize specific causes.” ~ Samuel Gregg
-
•
Professors Are Not “Priests of Democracy”
“If we ascribe qualities like academic freedom, free speech, opposition to censorship, and skepticism of government to American democracy, as Walker does, then we should avoid putting academia on a pedestal it does not deserve.” ~ Garion Frankel
-
•
American Health Care Consumers Should Have Access to Drugs and Devices Benefitting People in Developed Countries
“If members of the incoming Congress are serious about increasing access to health care and reducing health care costs, they should, at a minimum, pass a law that allows for drug and device ‘reciprocity’ with other developed nations.” ~ Jeffrey A. Singer
-
•
Payroll Gains Beat Expectations, but the Pace Is Slowing
“Payrolls gains beat expectations in November, but the pace appears to be slowing. Mixed signs for the labor market, sustained price pressures, and an aggressive Fed tightening cycle remain risks to the outlook.” ~ Robert Hughes
-
•
Inflation is Deflating the American Dream
“Big-government policies must end before they send us further down the road to serfdom. Our newly elected officials have a responsibility to prioritize fighting inflation, and restoring the American Dream.” ~ Vance Ginn
-
•
DEA Whistleblower Claims Mass Fraud and Corruption. Is Anyone Surprised?
“What’s good for violent drug cartels is good for the DEA, but bad for the rest of the human race. DEA agents are immersed in a violent and shady world, largely subsidized by US taxpayers and through theft via asset forfeiture.” ~ Laura Williams