Daily Economy
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When Lying Becomes a Virtue, Civilization Declines
“Just as in China, the moral character of Americans is being degraded. As more and more of us remain silent, morality degrades, and the social order on which we all depend loses its capacity to facilitate human flourishing.” ~ Barry Brownstein
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The Revolutionary Trigger
“We have a duty to confront a vital-but-uncomfortable question: at what point must Americans take it upon ourselves to revolt? In other words, what is the revolutionary trigger?” ~ Max Borders
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When Equality Becomes Evil
“This economic equality thing is parent to endless harm. When it’s just an idea, it’s nonsense. When it finds its way into public policy, it’s poison. Don’t drink it.” ~ Lawrence W. Reed
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Liberalism’s Greatest Gift
“Insofar as humanity embraces this liberal commitment to epistemic unpretentiousness, humanity is protected against the fevers and passions of persons who are enflamed by their sense of certainty.” ~ Donald J. Boudreaux
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The Upside-Down Constitution and Its Critics
“The nature of the constitutional instrument tells you how to read it. Once you see that, but only once you see it, the clauses make all the sense in the world and you will know how to read them.” ~ Michael S. Greve
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Politicians and Their Reasons
“In reality, policy choices are always multifaceted and tend strongly to align with political incentives: capturing, consolidating, and expanding the reach of political influence.” ~ Peter C. Earle & April Liu
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Essential Words In- And Not In- Adam Smith’s Essential Works
“Don’t leave TMS behind when reading WN. Intricate souls the actors in WN surely are. What, after all, is the inner substance of the wealth of nations?” ~ Caleb Petitt & Daniel B. Klein
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Democrats Fail the Marshmallow Test
“If we can recognize how pre-schoolers do themselves a disservice by failing to defer gratification sufficiently, we should be able to identify the same sort of disservice to all of us from those sponsoring government policies that fail the marshmallow test.” ~ Gary M. Galles
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Payroll Growth Continues, but the Pace Is Slowing
“Payrolls posted gains in October, 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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The Republican Conundrum
“Under such pressure, the political class will hit the gas even though they’re coasting on fumes. Americans will have to look to themselves and each other for help.” ~ Max Borders
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•
When Lying Becomes a Virtue, Civilization Declines
“Just as in China, the moral character of Americans is being degraded. As more and more of us remain silent, morality degrades, and the social order on which we all depend loses its capacity to facilitate human flourishing.” ~ Barry Brownstein
-
•
The Revolutionary Trigger
“We have a duty to confront a vital-but-uncomfortable question: at what point must Americans take it upon ourselves to revolt? In other words, what is the revolutionary trigger?” ~ Max Borders
-
•
When Equality Becomes Evil
“This economic equality thing is parent to endless harm. When it’s just an idea, it’s nonsense. When it finds its way into public policy, it’s poison. Don’t drink it.” ~ Lawrence W. Reed
-
•
Liberalism’s Greatest Gift
“Insofar as humanity embraces this liberal commitment to epistemic unpretentiousness, humanity is protected against the fevers and passions of persons who are enflamed by their sense of certainty.” ~ Donald J. Boudreaux
-
•
The Upside-Down Constitution and Its Critics
“The nature of the constitutional instrument tells you how to read it. Once you see that, but only once you see it, the clauses make all the sense in the world and you will know how to read them.” ~ Michael S. Greve
-
•
Politicians and Their Reasons
“In reality, policy choices are always multifaceted and tend strongly to align with political incentives: capturing, consolidating, and expanding the reach of political influence.” ~ Peter C. Earle & April Liu
-
•
Essential Words In- And Not In- Adam Smith’s Essential Works
“Don’t leave TMS behind when reading WN. Intricate souls the actors in WN surely are. What, after all, is the inner substance of the wealth of nations?” ~ Caleb Petitt & Daniel B. Klein
-
•
Democrats Fail the Marshmallow Test
“If we can recognize how pre-schoolers do themselves a disservice by failing to defer gratification sufficiently, we should be able to identify the same sort of disservice to all of us from those sponsoring government policies that fail the marshmallow test.” ~ Gary M. Galles
-
•
Payroll Growth Continues, but the Pace Is Slowing
“Payrolls posted gains in October, 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
-
•
The Republican Conundrum
“Under such pressure, the political class will hit the gas even though they’re coasting on fumes. Americans will have to look to themselves and each other for help.” ~ Max Borders