Daily Economy
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August Services-Sector Activity Expands, Price Pressures Ease
“Services-sector expansion continued in August. Labor and materials shortages also continued, but there were some positive signs. However, signs of softening demand and concern about a weakening economy were also noted.” ~ Robert Hughes
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Loan Forgiveness Myths
“In the end, a college degree is either valuable or it isn’t. If it’s valuable, it will pay for itself. If it’s not valuable, no one should pay for it. Either way, there’s no reason for the government to be involved in higher education.” ~ Antony Davies
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Immobility Plan 2035
“The traffic safety proposals Streets for All and other backers of Mobility Plan 2035 are in such a hurry to implement may well increase rather than decrease Los Angeles deaths.” ~ Gary M. Galles
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Contra Fauci, School Closings Will Shorten Lives
“The school shutdowns will go down as one of the most misguided policy decisions in our lifetime. Dr. Fauci may believe that the shutdowns didn’t harm anyone, but the facts say otherwise.” ~ David R. Henderson & Ryan Sullivan
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Despite Shortages and Soaring Prices, West Coast AGs Fight to Block Natural Gas Pipeline
“Three additional major U.S. pipeline projects, the PennEast, Atlantic Coast, and Constitution, have all been canceled in the face of lawsuits and regulatory resistance in the past two years.” ~ Chris Woodward
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Climate and COVID ‘Science’
“The belief that science is a source of complete and godlike knowledge is not merely mistaken, it’s a toxic fuel of authoritarianism when it’s combined with the false understanding of social problems as being a science project to be ‘solved’ by persons in power.” ~ Donald J. Boudreaux
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How the Swedish Labor Market Really Works
“The Swedish private-sector labor market is unusual, even compared with other European countries. It is undergirded by coercion, creating a framework or model. That model is not something for countries like the United States to try to emulate.” ~ Charlotta Stern
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The Baby and the Bathwater
“There is an imprudence in forgetting that liberal principles, suitably cherished, are a check on power, the levers of which are, one day to the next, to be controlled by the good’s worst enemies.” ~ Daniel Klein & Daniel J. Mahoney
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Wait for It… “It’s Capitalism’s Fault!”
“Unless the people regulate the government and redistribute its power back to individuals, we will lurch from crisis to crisis that interventions cause. And our fascist/socialist enemies will just double down.” ~ Max Borders
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Unit Auto Sales Remained Weak in August
“Light-vehicle sales were little changed in August but remained well below pre-pandemic ranges. Inventory hit a new low, and prices continued to rise.” ~ Robert Hughes
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•
August Services-Sector Activity Expands, Price Pressures Ease
“Services-sector expansion continued in August. Labor and materials shortages also continued, but there were some positive signs. However, signs of softening demand and concern about a weakening economy were also noted.” ~ Robert Hughes
-
•
Loan Forgiveness Myths
“In the end, a college degree is either valuable or it isn’t. If it’s valuable, it will pay for itself. If it’s not valuable, no one should pay for it. Either way, there’s no reason for the government to be involved in higher education.” ~ Antony Davies
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•
Immobility Plan 2035
“The traffic safety proposals Streets for All and other backers of Mobility Plan 2035 are in such a hurry to implement may well increase rather than decrease Los Angeles deaths.” ~ Gary M. Galles
-
•
Contra Fauci, School Closings Will Shorten Lives
“The school shutdowns will go down as one of the most misguided policy decisions in our lifetime. Dr. Fauci may believe that the shutdowns didn’t harm anyone, but the facts say otherwise.” ~ David R. Henderson & Ryan Sullivan
-
•
Despite Shortages and Soaring Prices, West Coast AGs Fight to Block Natural Gas Pipeline
“Three additional major U.S. pipeline projects, the PennEast, Atlantic Coast, and Constitution, have all been canceled in the face of lawsuits and regulatory resistance in the past two years.” ~ Chris Woodward
-
•
Climate and COVID ‘Science’
“The belief that science is a source of complete and godlike knowledge is not merely mistaken, it’s a toxic fuel of authoritarianism when it’s combined with the false understanding of social problems as being a science project to be ‘solved’ by persons in power.” ~ Donald J. Boudreaux
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•
How the Swedish Labor Market Really Works
“The Swedish private-sector labor market is unusual, even compared with other European countries. It is undergirded by coercion, creating a framework or model. That model is not something for countries like the United States to try to emulate.” ~ Charlotta Stern
-
•
The Baby and the Bathwater
“There is an imprudence in forgetting that liberal principles, suitably cherished, are a check on power, the levers of which are, one day to the next, to be controlled by the good’s worst enemies.” ~ Daniel Klein & Daniel J. Mahoney
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•
Wait for It… “It’s Capitalism’s Fault!”
“Unless the people regulate the government and redistribute its power back to individuals, we will lurch from crisis to crisis that interventions cause. And our fascist/socialist enemies will just double down.” ~ Max Borders
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•
Unit Auto Sales Remained Weak in August
“Light-vehicle sales were little changed in August but remained well below pre-pandemic ranges. Inventory hit a new low, and prices continued to rise.” ~ Robert Hughes