Daily Economy
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Real Durable-goods Orders Fell in July
“Real manufacturers’ new orders trend growth remains weak. Rising prices, Fed policy tightening, and global turmoil sustain elevated risks.” ~ Robert Hughes
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What Happened to Reducing Inflation?
“The NBC News poll asked what impact voters believed the new law, whatever it is called, will have on them personally. Just 26 percent said it would make things better; 35 percent said it would make things worse.” ~ Michael Graham
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Goodbye, Anthony Fauci
“Dr. Fauci’s career has been one of maximizing budgets and influence for his agencies and himself, all the while handling multiple public health crises with less than stellar outcomes.” ~ Ryan M. Yonk & David Waugh
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New Single-Family Home Sales Continue to Plunge
“New-home sales fell again in July, and inventories continued to surge. Elevated prices and mortgage rates reduce affordability and are likely to weaken future demand.” ~ Robert Hughes
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How the Supreme Court Changed the Calculus for Hyperregulation
“The administrative state’s cynical calculus has been upended. It can no longer count on courts to bless their claims of discovering hitherto unnoticed devastating powers tucked away in ‘gap filler’ statutory language.” ~ Jon Sanders
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Higher Education is Complicit in the Politicization of Science
“We are entering our own period of Lysenkoism, Staddon fears. Those who espouse politically correct narratives get ahead, while those who challenge them are ignored or censored.” ~ George Leef
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Back to School? A Higher Ed Crisis
“What few families can see, at least before they arrive at a college, are the internal forces degrading both the internal and external values of university education.” ~ Laura Williams
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Price Stability First
“The best the federal government can do right now is to announce that no major policy changes will be implemented until the Federal Reserve gets inflation under control.” ~ Robert E. Wright
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Don’t Be a Politician. Focus on Process, not Goals
“The higher our time preference, the more likely we are to believe a politician’s false promises. The more we believe their goal-oriented lies and fail to question their processes, the more freedom, and prosperity we lose.” ~ Barry Brownstein
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The Marquis de Lafayette: Remembering France’s Greatest Champion of Liberty
“In a sense, Americans are still celebrating him today. No fewer than 36 American cities and towns are named for him, such as Fayetteville, North Carolina and Lafayette, Louisiana.” ~ Lawrence W. Reed
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•
Real Durable-goods Orders Fell in July
“Real manufacturers’ new orders trend growth remains weak. Rising prices, Fed policy tightening, and global turmoil sustain elevated risks.” ~ Robert Hughes
-
•
What Happened to Reducing Inflation?
“The NBC News poll asked what impact voters believed the new law, whatever it is called, will have on them personally. Just 26 percent said it would make things better; 35 percent said it would make things worse.” ~ Michael Graham
-
•
Goodbye, Anthony Fauci
“Dr. Fauci’s career has been one of maximizing budgets and influence for his agencies and himself, all the while handling multiple public health crises with less than stellar outcomes.” ~ Ryan M. Yonk & David Waugh
-
•
New Single-Family Home Sales Continue to Plunge
“New-home sales fell again in July, and inventories continued to surge. Elevated prices and mortgage rates reduce affordability and are likely to weaken future demand.” ~ Robert Hughes
-
•
How the Supreme Court Changed the Calculus for Hyperregulation
“The administrative state’s cynical calculus has been upended. It can no longer count on courts to bless their claims of discovering hitherto unnoticed devastating powers tucked away in ‘gap filler’ statutory language.” ~ Jon Sanders
-
•
Higher Education is Complicit in the Politicization of Science
“We are entering our own period of Lysenkoism, Staddon fears. Those who espouse politically correct narratives get ahead, while those who challenge them are ignored or censored.” ~ George Leef
-
•
Back to School? A Higher Ed Crisis
“What few families can see, at least before they arrive at a college, are the internal forces degrading both the internal and external values of university education.” ~ Laura Williams
-
•
Price Stability First
“The best the federal government can do right now is to announce that no major policy changes will be implemented until the Federal Reserve gets inflation under control.” ~ Robert E. Wright
-
•
Don’t Be a Politician. Focus on Process, not Goals
“The higher our time preference, the more likely we are to believe a politician’s false promises. The more we believe their goal-oriented lies and fail to question their processes, the more freedom, and prosperity we lose.” ~ Barry Brownstein
-
•
The Marquis de Lafayette: Remembering France’s Greatest Champion of Liberty
“In a sense, Americans are still celebrating him today. No fewer than 36 American cities and towns are named for him, such as Fayetteville, North Carolina and Lafayette, Louisiana.” ~ Lawrence W. Reed