Daily Economy
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Inflation: Hidden Costs & Debunking Myths | Liberty Curious (Video)
“In this episode of Liberty Curious, AIER Research Faculty Peter C. Earle discusses some of the lesser-known costs of inflation. He also provides an overview of what inflation actually is- and what really causes it.” ~ AIER
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Stocks and Bonds Hurt Alike Under Stagflation
“When bonds and stocks decline a lot and simultaneously it suggests inflation is rising rapidly even as the economy is stagnating or contracting (or will soon do so). For most economists today, that combination is near-impossible.” ~ Richard M. Salsman
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Tocqueville’s Worst Fears
“Piketty is less concerned with promoting either political or individual freedom than he is with building a ‘state’ strong enough to push ‘to its logical conclusion ‘the movement towards ‘real equality’ as he conceives it.” ~ David Lewis Schaefer
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Real Disposable Income and Real Consumer Spending Fell in May
“Personal income rose in May, but real disposable income and real consumer spending fell. The outlook for the economy remains highly uncertain.” ~ Robert Hughes
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Average Weekly Initial Claims Rose for a Fourth Consecutive Week
“Weekly initial claims fell, but the four-week average continues on a modest upward trend. Sustained elevated price increases and an intensifying Fed tightening cycle remain risks to the outlook.” ~ Robert Hughes
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The Perpetual Tragedy of New York’s Rent Control
“If the city keeps reducing real rents by capping increases below the inflation rate (as it is doing now), and if inflation continues for more than a few years, we will see building abandonments once again.” ~ Raymond C. Niles
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You Should Care About Martin Van Buren
“Martin Van Buren may not be everyone’s favorite President, but he is worth studying. After all, an estimated 28 percent of Americans identify with the Democratic Party. People should at least know how their political party came to be and why it endured.” ~ Garion Frankel
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The Death of Separationism and the Life of School Choice
“Carson v. Makin energizes a political movement that is essential to improving the human capital of the next generation as well as sustaining the ideological and religious diversity that makes for a pluralist society.” ~ John O. McGinnis
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The “Unlivable” World of Global Warming Is Much Wealthier Than Today
“If one truly believes the very existence of humanity is at stake, no regulation goes too far, and no social control is too strict, in order to save our species. And that is a price none of us should have to pay.” ~ James E. Hanley
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Inflation Fears Continue to Drag Consumer Expectations Lower
“Consumer expectations sank again in June, as fears of high inflation grow. Elevated price pressures, fallout from Russian aggression in Ukraine, and an intensifying Fed tightening cycle increase risks for the economic outlook.” ~ Robert Hughes
-
•
Inflation: Hidden Costs & Debunking Myths | Liberty Curious (Video)
“In this episode of Liberty Curious, AIER Research Faculty Peter C. Earle discusses some of the lesser-known costs of inflation. He also provides an overview of what inflation actually is- and what really causes it.” ~ AIER
-
•
Stocks and Bonds Hurt Alike Under Stagflation
“When bonds and stocks decline a lot and simultaneously it suggests inflation is rising rapidly even as the economy is stagnating or contracting (or will soon do so). For most economists today, that combination is near-impossible.” ~ Richard M. Salsman
-
•
Tocqueville’s Worst Fears
“Piketty is less concerned with promoting either political or individual freedom than he is with building a ‘state’ strong enough to push ‘to its logical conclusion ‘the movement towards ‘real equality’ as he conceives it.” ~ David Lewis Schaefer
-
•
Real Disposable Income and Real Consumer Spending Fell in May
“Personal income rose in May, but real disposable income and real consumer spending fell. The outlook for the economy remains highly uncertain.” ~ Robert Hughes
-
•
Average Weekly Initial Claims Rose for a Fourth Consecutive Week
“Weekly initial claims fell, but the four-week average continues on a modest upward trend. Sustained elevated price increases and an intensifying Fed tightening cycle remain risks to the outlook.” ~ Robert Hughes
-
•
The Perpetual Tragedy of New York’s Rent Control
“If the city keeps reducing real rents by capping increases below the inflation rate (as it is doing now), and if inflation continues for more than a few years, we will see building abandonments once again.” ~ Raymond C. Niles
-
•
You Should Care About Martin Van Buren
“Martin Van Buren may not be everyone’s favorite President, but he is worth studying. After all, an estimated 28 percent of Americans identify with the Democratic Party. People should at least know how their political party came to be and why it endured.” ~ Garion Frankel
-
•
The Death of Separationism and the Life of School Choice
“Carson v. Makin energizes a political movement that is essential to improving the human capital of the next generation as well as sustaining the ideological and religious diversity that makes for a pluralist society.” ~ John O. McGinnis
-
•
The “Unlivable” World of Global Warming Is Much Wealthier Than Today
“If one truly believes the very existence of humanity is at stake, no regulation goes too far, and no social control is too strict, in order to save our species. And that is a price none of us should have to pay.” ~ James E. Hanley
-
•
Inflation Fears Continue to Drag Consumer Expectations Lower
“Consumer expectations sank again in June, as fears of high inflation grow. Elevated price pressures, fallout from Russian aggression in Ukraine, and an intensifying Fed tightening cycle increase risks for the economic outlook.” ~ Robert Hughes