Daily Economy
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Hypocrisy Abounds at Climate Summit
“Europe is scouring the world for more fossil fuels because the continent needs them for its growth and prosperity. That same opportunity should not be withheld from the world’s poorest.” ~ Bjorn Lomborg
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The Hare With Amber Eyes, by Edmund de Waal. A Review.
“De Waal decides he needs to know more about his inherited netsukes and ends up on a multi-year ride finding out about his family and their interaction with the objects.” ~ Daniel Asia
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MFE (Merit, Fairness, and Equality) Versus DEI (Diversity, Equity, and Inclusion) Should be NC (No Contest)
“Colleges and universities that have succumbed to DEI ought to be at a big competitive disadvantage versus those that just offer worthwhile education. Let us hope that MFE catches on.” ~ George Leef
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Bank and Crypto Runs: F(ac)TX vs Fiction
“Despite the historical record, ever since Diamond and Dybvig published their article, many if not most economists have tended to view every financial firm collapse as a ‘Diamond Dybvig Moment.'” ~ George Selgin
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An Inflationary Thanksgiving, Revisited
“Americans face another costly holiday season owing to the heavy-handed and arguably unnecessary monetary and fiscal programs early in the COVID pandemic.” ~ Peter C. Earle
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Global Lessons of America’s Thanksgiving
“Thanksgiving Day is an opportunity to praise the institutions of individualism, private property, and liberty. Despite recent disappointments, the freedom enshrined in America’s national heritage made it a rich and welcoming country.” ~ Christopher Lingle
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A Series of Miracles
“Take a cue from Lincoln and appreciate the blessings that we do enjoy rather than pining for things we don’t. Take a cue from the best America has produced and say a prayer of thanks. Happy Thanksgiving.” ~ James R. Harrigan
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The Pilgrims’ Real Thanksgiving Lesson
“The economic incentives provided by private competitive markets where people are left free to make their own choices make bountiful feasts possible.” ~ Benjamin Powell
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Consumer Sentiment Remained Weak in November
“Consumer sentiment fell in November and remains at recessionary levels. Inflation expectations ticked down, and long-run expectations remain well anchored.” ~ Robert Hughes
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•
Weekly Initial Claims Hit a Fourteen-Week High
“Weekly initial claims rose to the highest level since August, and job cut announcements rose in October. Rapid price increases and aggressive Fed tightening remain major risks for the economic outlook.” ~ Robert Hughes
-
•
Hypocrisy Abounds at Climate Summit
“Europe is scouring the world for more fossil fuels because the continent needs them for its growth and prosperity. That same opportunity should not be withheld from the world’s poorest.” ~ Bjorn Lomborg
-
•
The Hare With Amber Eyes, by Edmund de Waal. A Review.
“De Waal decides he needs to know more about his inherited netsukes and ends up on a multi-year ride finding out about his family and their interaction with the objects.” ~ Daniel Asia
-
•
MFE (Merit, Fairness, and Equality) Versus DEI (Diversity, Equity, and Inclusion) Should be NC (No Contest)
“Colleges and universities that have succumbed to DEI ought to be at a big competitive disadvantage versus those that just offer worthwhile education. Let us hope that MFE catches on.” ~ George Leef
-
•
Bank and Crypto Runs: F(ac)TX vs Fiction
“Despite the historical record, ever since Diamond and Dybvig published their article, many if not most economists have tended to view every financial firm collapse as a ‘Diamond Dybvig Moment.'” ~ George Selgin
-
•
An Inflationary Thanksgiving, Revisited
“Americans face another costly holiday season owing to the heavy-handed and arguably unnecessary monetary and fiscal programs early in the COVID pandemic.” ~ Peter C. Earle
-
•
Global Lessons of America’s Thanksgiving
“Thanksgiving Day is an opportunity to praise the institutions of individualism, private property, and liberty. Despite recent disappointments, the freedom enshrined in America’s national heritage made it a rich and welcoming country.” ~ Christopher Lingle
-
•
A Series of Miracles
“Take a cue from Lincoln and appreciate the blessings that we do enjoy rather than pining for things we don’t. Take a cue from the best America has produced and say a prayer of thanks. Happy Thanksgiving.” ~ James R. Harrigan
-
•
The Pilgrims’ Real Thanksgiving Lesson
“The economic incentives provided by private competitive markets where people are left free to make their own choices make bountiful feasts possible.” ~ Benjamin Powell
-
•
Consumer Sentiment Remained Weak in November
“Consumer sentiment fell in November and remains at recessionary levels. Inflation expectations ticked down, and long-run expectations remain well anchored.” ~ Robert Hughes
-
•
Weekly Initial Claims Hit a Fourteen-Week High
“Weekly initial claims rose to the highest level since August, and job cut announcements rose in October. Rapid price increases and aggressive Fed tightening remain major risks for the economic outlook.” ~ Robert Hughes