Daily Economy
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The Suicide of the American Historical Association
“In this branch of academia, it does not matter whether the 1619 Project was truthful or factually accurate. The only concerns are whether its narrative can be weaponized for a political cause or used to deflect scrutiny of the same.” ~ Phillip W. Magness
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Open Letter to a Young Marxist
“If any social experiment depends on scorching the earth before building a Utopia, it is probably not the way. But if an ideal system starts small and grows, pulling more human souls into its influence, it’s probably got legs.” ~ Max Borders
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On Some Differences Separating Choices in Private Settings from Choices in Political Settings
“The institutional implications of individuals choosing within markets and other private spheres differ categorically from the institutional implications of individuals voting to make major changes to the economy or society.” ~ Donald J. Boudreaux
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Raising Corporate Taxes Does Not Help Workers
“Members of Congress should not be in the business of punishing people when they make voluntary financial decisions that members emotionally don’t like.” ~ Norbert J. Michel
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Existing Home Sales Continue to Collapse
“Existing-home sales fell again in July as reduced affordability pushes buyers out of the market. The outlook for housing is highly uncertain.” ~ Robert Hughes
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Weekly Initial Claims Move to a Flat Trend
“Weekly initial claims fell, and revised data suggest the recent upward trend may be flattening. Rapid price increases, low consumer confidence, and aggressive Fed tightening remain major risks for the economic outlook.” ~ Robert Hughes
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The Stealth Threat of a New Constitutional Convention
“A new constitution enacted through these dishonest and deeply undemocratic means will have many problematic provisions. Even more crucially, it will lack the legitimacy our existing Constitution still has.” ~ David A. Super
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An Infrared Picture is Worth a Thousand Words
“When dealing with those who want to ignore the proven bias in the data and only focus on the conclusions the corrupted data supposedly supports, an infrared picture is worth a thousand words.” ~ Gary M. Galles
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Nominal and Real Core Retail Sales Increase in July
“Real core retail sales rose in July, and the recent trend is modestly higher. However, threats to the economy remain significant. Caution is warranted.” ~ Robert Hughes
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Self-Driving Cars and the Nirvana Fallacy
“While these cars may not be perfect, that would only mean they are well-suited for planet earth, where perfection only exists among the Platonic forms—and in the minds of D.C. regulators.” ~ Caleb S. Fuller
-
•
The Suicide of the American Historical Association
“In this branch of academia, it does not matter whether the 1619 Project was truthful or factually accurate. The only concerns are whether its narrative can be weaponized for a political cause or used to deflect scrutiny of the same.” ~ Phillip W. Magness
-
•
Open Letter to a Young Marxist
“If any social experiment depends on scorching the earth before building a Utopia, it is probably not the way. But if an ideal system starts small and grows, pulling more human souls into its influence, it’s probably got legs.” ~ Max Borders
-
•
On Some Differences Separating Choices in Private Settings from Choices in Political Settings
“The institutional implications of individuals choosing within markets and other private spheres differ categorically from the institutional implications of individuals voting to make major changes to the economy or society.” ~ Donald J. Boudreaux
-
•
Raising Corporate Taxes Does Not Help Workers
“Members of Congress should not be in the business of punishing people when they make voluntary financial decisions that members emotionally don’t like.” ~ Norbert J. Michel
-
•
Existing Home Sales Continue to Collapse
“Existing-home sales fell again in July as reduced affordability pushes buyers out of the market. The outlook for housing is highly uncertain.” ~ Robert Hughes
-
•
Weekly Initial Claims Move to a Flat Trend
“Weekly initial claims fell, and revised data suggest the recent upward trend may be flattening. Rapid price increases, low consumer confidence, and aggressive Fed tightening remain major risks for the economic outlook.” ~ Robert Hughes
-
•
The Stealth Threat of a New Constitutional Convention
“A new constitution enacted through these dishonest and deeply undemocratic means will have many problematic provisions. Even more crucially, it will lack the legitimacy our existing Constitution still has.” ~ David A. Super
-
•
An Infrared Picture is Worth a Thousand Words
“When dealing with those who want to ignore the proven bias in the data and only focus on the conclusions the corrupted data supposedly supports, an infrared picture is worth a thousand words.” ~ Gary M. Galles
-
•
Nominal and Real Core Retail Sales Increase in July
“Real core retail sales rose in July, and the recent trend is modestly higher. However, threats to the economy remain significant. Caution is warranted.” ~ Robert Hughes
-
•
Self-Driving Cars and the Nirvana Fallacy
“While these cars may not be perfect, that would only mean they are well-suited for planet earth, where perfection only exists among the Platonic forms—and in the minds of D.C. regulators.” ~ Caleb S. Fuller