Daily Economy
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Recovering the Path to Manhood
“I want my sons to be man enough to handle real womanly excellences as they find them, with grace and gratitude. I would like them to aspire as well to friendship with women, and especially their future wives.” ~ Rachel Lu
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New Single-Family Home Sales Bounce Higher in May
“New-home sales ticked up in May as prices and mortgage rates continue to surge. Elevated prices and rising mortgage rates are likely to weaken future demand.” ~ Robert Hughes
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Consumer Sentiment Plunged to a Record Low in June
“Consumer sentiment plunged to a record low in June and is consistent with prior recessions. Inflation is a driver of weakening consumer attitudes and contributing to elevated risks. The outlook is highly uncertain.” ~ Robert Hughes
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The Wire Turns Twenty
“In the end, The Wire offers Baltimoreans no hope, and statist policymakers no path forward. But surely a smaller city government would mean a better Baltimore.” ~ Robert E. Wright
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Want to Understand the Inflation Problem? Look to Harvey Road, Not Pennsylvania Avenue
“A bipartisan generation of loose money and loose budgets has created major negative spillover effects, and today’s inflation problem is what we all have to show for it.” ~ Peter T. Calcagno & Edward J. Lopez
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Adam Smith’s Synergistic Moral Authorizations
“Smith teaches how we do our part in serving the good of the whole; how in focusing diligently on the good of our part we serve that of the whole; and how freedom fortifies the remarkable correspondence between those two goods.” ~ Erik Matson
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Average Weekly Initial Claims Continue to Drift Higher
“Weekly initial claims fell but the four-week average continues on a modest upward trend. The Russian invasion of Ukraine, sustained elevated price increases, and an intensifying Fed tightening cycle remain risks to the outlook.” ~ Robert Hughes
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A World Bereft of Statesmanship
“Statesmanship will be a rare commodity until free societies shake off their present obsession with equality-as-sameness and their reduction of wisdom to techne.” ~ Samuel Gregg
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Renaming Army Posts
“The renaming of an Army post should be a positive, not a negative statement. Renaming some of them should not be about erasing our history, but adding to our history. Heroes from the ranks of the common soldier should be honored.” ~ Clifford F. Thies
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With Friends Like These, Who Needs Enemies?
“Unfortunately, the patriotic protectionism story confuses American consumers’ friends and enemies. Our supposed enemies, foreign producers, are actually our friends, and our supposed friends, domestic producers and the US government, are actually our enemies.” ~ Gary M. Galles
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•
Recovering the Path to Manhood
“I want my sons to be man enough to handle real womanly excellences as they find them, with grace and gratitude. I would like them to aspire as well to friendship with women, and especially their future wives.” ~ Rachel Lu
-
•
New Single-Family Home Sales Bounce Higher in May
“New-home sales ticked up in May as prices and mortgage rates continue to surge. Elevated prices and rising mortgage rates are likely to weaken future demand.” ~ Robert Hughes
-
•
Consumer Sentiment Plunged to a Record Low in June
“Consumer sentiment plunged to a record low in June and is consistent with prior recessions. Inflation is a driver of weakening consumer attitudes and contributing to elevated risks. The outlook is highly uncertain.” ~ Robert Hughes
-
•
The Wire Turns Twenty
“In the end, The Wire offers Baltimoreans no hope, and statist policymakers no path forward. But surely a smaller city government would mean a better Baltimore.” ~ Robert E. Wright
-
•
Want to Understand the Inflation Problem? Look to Harvey Road, Not Pennsylvania Avenue
“A bipartisan generation of loose money and loose budgets has created major negative spillover effects, and today’s inflation problem is what we all have to show for it.” ~ Peter T. Calcagno & Edward J. Lopez
-
•
Adam Smith’s Synergistic Moral Authorizations
“Smith teaches how we do our part in serving the good of the whole; how in focusing diligently on the good of our part we serve that of the whole; and how freedom fortifies the remarkable correspondence between those two goods.” ~ Erik Matson
-
•
Average Weekly Initial Claims Continue to Drift Higher
“Weekly initial claims fell but the four-week average continues on a modest upward trend. The Russian invasion of Ukraine, sustained elevated price increases, and an intensifying Fed tightening cycle remain risks to the outlook.” ~ Robert Hughes
-
•
A World Bereft of Statesmanship
“Statesmanship will be a rare commodity until free societies shake off their present obsession with equality-as-sameness and their reduction of wisdom to techne.” ~ Samuel Gregg
-
•
Renaming Army Posts
“The renaming of an Army post should be a positive, not a negative statement. Renaming some of them should not be about erasing our history, but adding to our history. Heroes from the ranks of the common soldier should be honored.” ~ Clifford F. Thies
-
•
With Friends Like These, Who Needs Enemies?
“Unfortunately, the patriotic protectionism story confuses American consumers’ friends and enemies. Our supposed enemies, foreign producers, are actually our friends, and our supposed friends, domestic producers and the US government, are actually our enemies.” ~ Gary M. Galles