Daily Economy
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A Reader’s Guide to Newspeak 2022
“To master the Newspeak of 2022, you must subsume yourself within the collective. You must reject ‘oldthink’ and the ‘kind of trash’ that advocates individual rights.” ~ Caroline Breashears
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Al Gore and the Dangers of Censoring ‘Misinformation’
“A spirit of tolerance is missing today that must be restored. Scientists and public officials will make mistakes—just ask Al Gore—but purging ideas from the public square is a sign of a dogmatic society, not a scientific one.” ~ Jon Miltimore
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Do They Not Know?
“Do today’s skeptics of free markets – whether these skeptics be full-on socialists or advocates of ‘mere’ industrial policy – have any accurate knowledge of economic history, of economics, or of human nature?” ~ Donald J. Boudreaux
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Did Tipping Come from Slavery? The 1619 Project Lies Again
“At best, the critics of tipping are guilty of inexcusable sloppiness. At worst, they’re selectively weaponizing the horrors of slavery to advance an ideological cause.” ~ Phillip W. Magness
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Where Does Saifedean Think Money Comes From?
“There’s plenty wrong with central banking, no doubt, but showering broken institutions with infinite credit lines and opportunity-cost free funding isn’t one of them.” ~ Joakim Book
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Durable-goods Orders Fell in February on Broad-based Declines, But Remain High
“New orders for core capital goods fell in February though the level remains high. Continued strength for business investment is a positive sign for the economic outlook but risks remain elevated.” ~ Robert Hughes
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Whoopi, Maus, and 80 Years of American Jewry
“It is now they, not Jews, who must take to heart the phrase ‘Never Again.’ My Gentile friends should ask themselves: If it comes to it, when the mobs come, will I take in and protect my Jewish friends?” ~ Daniel Asia
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Weekly Initial Claims for Unemployment Benefits Fall to the Lowest Level Since 1969
“Weekly initial claims fell to a multidecade low, indicating the labor market remains very tight. However, the Russian invasion of Ukraine and a new Fed tightening cycle increase uncertainty.” ~ Robert Hughes
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From British Tea to Russian Vodka; A Brief History of Boycotts
“From government bans to customers pouring it in gutters by the gallon, Americans are saying ‘nyet’ to Russian vodka, expressing their anger over the Kremlin’s unprovoked invasion of Ukraine.” ~ J. Mark Powell
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New Single-Family Home Sales Fell in February as Prices Show Signs of Plateauing
“New-home sales fell again in February and prices may be plateauing, though at a high level. Elevated prices and rising mortgage rates may further weaken demand, and combined with significant inventory, continue to weigh on prices.” ~ Robert Hughes
-
•
A Reader’s Guide to Newspeak 2022
“To master the Newspeak of 2022, you must subsume yourself within the collective. You must reject ‘oldthink’ and the ‘kind of trash’ that advocates individual rights.” ~ Caroline Breashears
-
•
Al Gore and the Dangers of Censoring ‘Misinformation’
“A spirit of tolerance is missing today that must be restored. Scientists and public officials will make mistakes—just ask Al Gore—but purging ideas from the public square is a sign of a dogmatic society, not a scientific one.” ~ Jon Miltimore
-
•
Do They Not Know?
“Do today’s skeptics of free markets – whether these skeptics be full-on socialists or advocates of ‘mere’ industrial policy – have any accurate knowledge of economic history, of economics, or of human nature?” ~ Donald J. Boudreaux
-
•
Did Tipping Come from Slavery? The 1619 Project Lies Again
“At best, the critics of tipping are guilty of inexcusable sloppiness. At worst, they’re selectively weaponizing the horrors of slavery to advance an ideological cause.” ~ Phillip W. Magness
-
•
Where Does Saifedean Think Money Comes From?
“There’s plenty wrong with central banking, no doubt, but showering broken institutions with infinite credit lines and opportunity-cost free funding isn’t one of them.” ~ Joakim Book
-
•
Durable-goods Orders Fell in February on Broad-based Declines, But Remain High
“New orders for core capital goods fell in February though the level remains high. Continued strength for business investment is a positive sign for the economic outlook but risks remain elevated.” ~ Robert Hughes
-
•
Whoopi, Maus, and 80 Years of American Jewry
“It is now they, not Jews, who must take to heart the phrase ‘Never Again.’ My Gentile friends should ask themselves: If it comes to it, when the mobs come, will I take in and protect my Jewish friends?” ~ Daniel Asia
-
•
Weekly Initial Claims for Unemployment Benefits Fall to the Lowest Level Since 1969
“Weekly initial claims fell to a multidecade low, indicating the labor market remains very tight. However, the Russian invasion of Ukraine and a new Fed tightening cycle increase uncertainty.” ~ Robert Hughes
-
•
From British Tea to Russian Vodka; A Brief History of Boycotts
“From government bans to customers pouring it in gutters by the gallon, Americans are saying ‘nyet’ to Russian vodka, expressing their anger over the Kremlin’s unprovoked invasion of Ukraine.” ~ J. Mark Powell
-
•
New Single-Family Home Sales Fell in February as Prices Show Signs of Plateauing
“New-home sales fell again in February and prices may be plateauing, though at a high level. Elevated prices and rising mortgage rates may further weaken demand, and combined with significant inventory, continue to weigh on prices.” ~ Robert Hughes