Daily Economy
-
•
Juneteenth: Uniquely American
“Without the Emancipation Proclamation, there would be no Juneteenth. Juneteenth is your day to shine, Republicans. Don’t ignore it. Wrap yourselves in it. It’s your story to tell, and it is a beautiful story.” ~ Thomas L. Krannawitter
-
•
What Can Healthcare Prices Teach About Inflationary Woes?
“Unfortunately, addressing inflation may be more of an incentive problem than a ‘what policy should we adopt’ problem. Examining the US’s healthcare industry through the lens of public choice economics provides evidence.” ~ Raymond J. March
-
•
The Workhouse of the Early Court
“Magliocca has himself provided superb academic service in bringing to life a figure who is largely forgotten but for his famous surname and showing his contemporary relevance to some of our own important legal debates.” ~ John O. McGinnis
-
•
Manufacturing Output Falls for the Second Time in Five Months
“Industrial output rose in May, but manufacturing output fell. Details were mixed and may point to spreading softening in the economy. Caution is warranted.” ~ Robert Hughes
-
•
Student-Loan Forgiveness Will Cover Non-Education Purchases, Say, Newer Cars
“The fungibility of student loans means that taxpayers will be saddled with paying for parents’ and students’ non-college purchases. Many professors will, understandably, root for student-loan forgiveness.” ~ Richard McKenzie
-
•
Frédéric Bastiat’s Fruitful Fusionism
“Economists don’t know how to inculcate virtue in business elites, because, as victims of the moral confusion that MacIntyre diagnosed, they don’t know what virtue is.” ~ Nathan Smith
-
•
Home Construction Falls Again in May
“Housing starts and permits fell in May. Surging mortgage rates, record home prices, and falling consumer attitudes are major headwinds for demand. The outlook for housing is deteriorating rapidly.” ~ Robert Hughes
-
•
Chinese Antitrust Policy: Politics Over Economics
“Chinese antitrust authorities may cite blackletter statutes, like its Measures for Cybersecurity Laws, to appear objective in enforcement and adjudication, but the ultimate check on their power is the will of the CCP, not the rule of law.” ~ Ethan Yang & Dorothy Chan
-
•
Four-Week Average of Weekly Initial Claims Hits the Highest Level Since March
“Weekly initial claims fell but the four-week average continues on a modest upward trend. The Russian invasion of Ukraine, periodic lockdowns in China, sustained elevated price increases, and an intensifying Fed tightening cycle remain risks to the outlook.” ~ Robert Hughes
-
•
What Kind of Education do Lotteries Fund?
“If the public education system actually empowered students to earn, to save, and to succeed, the state-run lottery would long since have run out of customers. If a lottery ‘to fund education,’ continues to succeed, that is only because it has already, monumentally, failed.” ~ Laura Williams
-
•
Juneteenth: Uniquely American
“Without the Emancipation Proclamation, there would be no Juneteenth. Juneteenth is your day to shine, Republicans. Don’t ignore it. Wrap yourselves in it. It’s your story to tell, and it is a beautiful story.” ~ Thomas L. Krannawitter
-
•
What Can Healthcare Prices Teach About Inflationary Woes?
“Unfortunately, addressing inflation may be more of an incentive problem than a ‘what policy should we adopt’ problem. Examining the US’s healthcare industry through the lens of public choice economics provides evidence.” ~ Raymond J. March
-
•
The Workhouse of the Early Court
“Magliocca has himself provided superb academic service in bringing to life a figure who is largely forgotten but for his famous surname and showing his contemporary relevance to some of our own important legal debates.” ~ John O. McGinnis
-
•
Manufacturing Output Falls for the Second Time in Five Months
“Industrial output rose in May, but manufacturing output fell. Details were mixed and may point to spreading softening in the economy. Caution is warranted.” ~ Robert Hughes
-
•
Student-Loan Forgiveness Will Cover Non-Education Purchases, Say, Newer Cars
“The fungibility of student loans means that taxpayers will be saddled with paying for parents’ and students’ non-college purchases. Many professors will, understandably, root for student-loan forgiveness.” ~ Richard McKenzie
-
•
Frédéric Bastiat’s Fruitful Fusionism
“Economists don’t know how to inculcate virtue in business elites, because, as victims of the moral confusion that MacIntyre diagnosed, they don’t know what virtue is.” ~ Nathan Smith
-
•
Home Construction Falls Again in May
“Housing starts and permits fell in May. Surging mortgage rates, record home prices, and falling consumer attitudes are major headwinds for demand. The outlook for housing is deteriorating rapidly.” ~ Robert Hughes
-
•
Chinese Antitrust Policy: Politics Over Economics
“Chinese antitrust authorities may cite blackletter statutes, like its Measures for Cybersecurity Laws, to appear objective in enforcement and adjudication, but the ultimate check on their power is the will of the CCP, not the rule of law.” ~ Ethan Yang & Dorothy Chan
-
•
Four-Week Average of Weekly Initial Claims Hits the Highest Level Since March
“Weekly initial claims fell but the four-week average continues on a modest upward trend. The Russian invasion of Ukraine, periodic lockdowns in China, sustained elevated price increases, and an intensifying Fed tightening cycle remain risks to the outlook.” ~ Robert Hughes
-
•
What Kind of Education do Lotteries Fund?
“If the public education system actually empowered students to earn, to save, and to succeed, the state-run lottery would long since have run out of customers. If a lottery ‘to fund education,’ continues to succeed, that is only because it has already, monumentally, failed.” ~ Laura Williams