Daily Economy
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In Defense of Generosity
“As Thomas Aquinas indicated, none is so poor as to lack the means to be generous. The planned, egalitarian society is not the only just or good one, and a community in which generosity thrives is the very antithesis of a tyranny.” ~ Richard Gunderman
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Does Wealth Ooze?
“The world that I hypothesize is believed by today’s well-meaning proponents of racist policies is wholly fictional. Wealth does not ooze automatically and ineluctably from some mysterious wealth-producing engine.” ~ Donald J. Boudreaux
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Colleges: Go Back to Basics
“We should rethink how we finance colleges and incentivize them to return to basics—emphasizing job one, teaching, and job two, doing worthwhile academic research.” ~ Richard K. Vedder
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Consumer Expectations for the Future Remained Weak in October
“Consumer sentiment was little changed in October as current views improved, but expectations fell. Both remain consistent with prior recessions.” ~ Robert Hughes
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The Stockdale Paradox and the Future of Liberty
“The Stockdale Paradox reminds us that when faith falters, turning to false optimism is not the path forward. Such optimism, wrote Frankl in Yes to Life: In Spite of Everything, ‘lull[s] us into complacency and… a rosy fatalism.’” ~ Barry Brownstein
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Privacy in Social Media: The Paradox Doesn’t Exist
“Looking deeper into the factors driving the privacy problem would be much more efficient than alleging that individuals’ privacy-related actions don’t line up with their claims.” ~ April Liu
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Despotic Days?
“The tragedy we see around us is that cultural leaders are abandoning liberal norms, which themselves should bear a certain sacredness or sacrosanctity, so far as they go.” ~ Daniel Klein & Michael C. Munger
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Durable-Goods Orders Rose in September, Boosted by Transportation Equipment
“Only one category of durable-goods orders rose in September, suggesting caution.” ~ Robert Hughes
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Initial Claims Remain Low
“Weekly initial claims rose slightly, but the low level suggests the labor market remains solid. Rapid price increases and aggressive Fed tightening remain major risks for the economic outlook.” ~ Robert Hughes
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Treasury and DOJ Seek Greater Financial Surveillance Around Cryptocurrency
“Instead of continuing down this path of ever-increasing financial surveillance, the US government should start listening to the public’s concerns. It’s time to end the 50-year erosion of financial privacy in the United States, not jumpstart it in the digital era.” ~ Nicholas Anthony
-
•
In Defense of Generosity
“As Thomas Aquinas indicated, none is so poor as to lack the means to be generous. The planned, egalitarian society is not the only just or good one, and a community in which generosity thrives is the very antithesis of a tyranny.” ~ Richard Gunderman
-
•
Does Wealth Ooze?
“The world that I hypothesize is believed by today’s well-meaning proponents of racist policies is wholly fictional. Wealth does not ooze automatically and ineluctably from some mysterious wealth-producing engine.” ~ Donald J. Boudreaux
-
•
Colleges: Go Back to Basics
“We should rethink how we finance colleges and incentivize them to return to basics—emphasizing job one, teaching, and job two, doing worthwhile academic research.” ~ Richard K. Vedder
-
•
Consumer Expectations for the Future Remained Weak in October
“Consumer sentiment was little changed in October as current views improved, but expectations fell. Both remain consistent with prior recessions.” ~ Robert Hughes
-
•
The Stockdale Paradox and the Future of Liberty
“The Stockdale Paradox reminds us that when faith falters, turning to false optimism is not the path forward. Such optimism, wrote Frankl in Yes to Life: In Spite of Everything, ‘lull[s] us into complacency and… a rosy fatalism.’” ~ Barry Brownstein
-
•
Privacy in Social Media: The Paradox Doesn’t Exist
“Looking deeper into the factors driving the privacy problem would be much more efficient than alleging that individuals’ privacy-related actions don’t line up with their claims.” ~ April Liu
-
•
Despotic Days?
“The tragedy we see around us is that cultural leaders are abandoning liberal norms, which themselves should bear a certain sacredness or sacrosanctity, so far as they go.” ~ Daniel Klein & Michael C. Munger
-
•
Durable-Goods Orders Rose in September, Boosted by Transportation Equipment
“Only one category of durable-goods orders rose in September, suggesting caution.” ~ Robert Hughes
-
•
Initial Claims Remain Low
“Weekly initial claims rose slightly, but the low level suggests the labor market remains solid. Rapid price increases and aggressive Fed tightening remain major risks for the economic outlook.” ~ Robert Hughes
-
•
Treasury and DOJ Seek Greater Financial Surveillance Around Cryptocurrency
“Instead of continuing down this path of ever-increasing financial surveillance, the US government should start listening to the public’s concerns. It’s time to end the 50-year erosion of financial privacy in the United States, not jumpstart it in the digital era.” ~ Nicholas Anthony