Daily Economy
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On the Negative Consequences of Price Floors
“As with price ceilings, if more people understood the full economic consequences of price floors, public support for the especially pernicious piece of legislation called ‘the minimum wage’ would plummet.” ~ Donald J. Boudreaux
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If You Want To Get Climate Serious, Get Nuclear Serious
“Utilities are having to produce more electricity while giving up coal and gas to do it. Nuclear is the strong third leg of the future electricity stool.” ~ Llewellyn King
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Housing Continues to Crumble
“Existing-home sales fell again in June with record-high prices and surging mortgage rates continuing to reduce affordability and push buyers out of the market. The outlook for housing is highly uncertain.” ~ Robert Hughes
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Micro-Microeconomics
“A renewed examination of the most basic economics—the theory of the good—might yet generate a revolutionary micro-microeconomics.” ~ Caleb S. Fuller
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What Is Going On In Sri Lanka? (Video)
“Sri Lankans can no longer afford necessities such as food, fuel, and medicine, and citizens are protesting throughout the nation. Kate Wand, host of AIER’s Liberty Curious podcast, discusses the ongoing crisis.” ~ AIER
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The Fed’s Share of Public Debt: Worsening Withdrawal Symptoms?
“Can Congress quit the Fed’s easy money policy that has allowed them to push debt levels well above 100% of GDP, or will the addiction demand more QE to support Washington’s spending habit?” ~ Peter T. Calcagno & Edward J. Lopez
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Single-Family Home Construction Retreat Continued in June
“Housing starts and permits fell in June as demand weakened. Plunging homebuilder sentiment suggests a deteriorating outlook for housing.” ~ Robert Hughes
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Are You in a State of Emergency? Mid-July 2022 COVID Threat-Free Update
“It must be hard to keep people ruled by fear of a variant ‘BA.5’ when the much more worrisome numbers impacting their lives and family are $5 gasoline and 9.1 percent inflation.” ~ Jon Sanders
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Liberty and the Power of the Purse
“The colonists ripped the British Empire apart to combat what they considered political slavery, and Southerners tried to do likewise to the U.S. Republic to maintain chattel slavery. Liberty again hangs by the purse strings and by no means must it prevail.” ~ Robert E. Wright
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If Republicans Won’t Be the Party of Business, What Will They Be?
“Republican support of Sen. Klobuchar’s bill is indefensible, and it raises a basic question of what Republicans will be if they’re not going to be the Party of business and achievement.” ~ John Tamny
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•
On the Negative Consequences of Price Floors
“As with price ceilings, if more people understood the full economic consequences of price floors, public support for the especially pernicious piece of legislation called ‘the minimum wage’ would plummet.” ~ Donald J. Boudreaux
-
•
If You Want To Get Climate Serious, Get Nuclear Serious
“Utilities are having to produce more electricity while giving up coal and gas to do it. Nuclear is the strong third leg of the future electricity stool.” ~ Llewellyn King
-
•
Housing Continues to Crumble
“Existing-home sales fell again in June with record-high prices and surging mortgage rates continuing to reduce affordability and push buyers out of the market. The outlook for housing is highly uncertain.” ~ Robert Hughes
-
•
Micro-Microeconomics
“A renewed examination of the most basic economics—the theory of the good—might yet generate a revolutionary micro-microeconomics.” ~ Caleb S. Fuller
-
•
What Is Going On In Sri Lanka? (Video)
“Sri Lankans can no longer afford necessities such as food, fuel, and medicine, and citizens are protesting throughout the nation. Kate Wand, host of AIER’s Liberty Curious podcast, discusses the ongoing crisis.” ~ AIER
-
•
The Fed’s Share of Public Debt: Worsening Withdrawal Symptoms?
“Can Congress quit the Fed’s easy money policy that has allowed them to push debt levels well above 100% of GDP, or will the addiction demand more QE to support Washington’s spending habit?” ~ Peter T. Calcagno & Edward J. Lopez
-
•
Single-Family Home Construction Retreat Continued in June
“Housing starts and permits fell in June as demand weakened. Plunging homebuilder sentiment suggests a deteriorating outlook for housing.” ~ Robert Hughes
-
•
Are You in a State of Emergency? Mid-July 2022 COVID Threat-Free Update
“It must be hard to keep people ruled by fear of a variant ‘BA.5’ when the much more worrisome numbers impacting their lives and family are $5 gasoline and 9.1 percent inflation.” ~ Jon Sanders
-
•
Liberty and the Power of the Purse
“The colonists ripped the British Empire apart to combat what they considered political slavery, and Southerners tried to do likewise to the U.S. Republic to maintain chattel slavery. Liberty again hangs by the purse strings and by no means must it prevail.” ~ Robert E. Wright
-
•
If Republicans Won’t Be the Party of Business, What Will They Be?
“Republican support of Sen. Klobuchar’s bill is indefensible, and it raises a basic question of what Republicans will be if they’re not going to be the Party of business and achievement.” ~ John Tamny