Daily Economy
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Why China’s Aggression In Asia Is Backfiring
“China occupies a region with fierce competitors. This presents Washington with an opportunity for a more nuanced and multilateral response that brings together diverse countries in pursuit of peace and stability in the region.” ~ Ethan Yang
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FDA Continues to Meddle With Covid-19 Treatments
“When the FDA and other agencies curtail private efforts to battle Covid-19, including limiting the use of existing and established treatments, we place our trust in less capable hands.” ~ Raymond J. March
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How the Coddled Kids Graduated But Never Grew Up
“The coddled kids didn’t grow up, and now they’re in positions of authority everywhere. The madness of crowds had long been simmering at the doors of American institutions – then its halls, and then its board rooms.” ~ Joakim Book
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Housing Permits Remained Hot in January but Mortgage Rates Also Continued to Rise
“Housing permits were solid again in January. However, rising home prices and higher mortgage rates may be headwinds for demand while elevated commodity costs remain a challenge for homebuilder profits.” ~ Robert Hughes
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Book Review: Chris Herring’s ‘Blood In the Garden’
“Hopefully Chris Herring follows up his book with one that covers the Knicks teams that came after the ones of the 1990s; that, or Herring’s book inspires a look by someone else into what became of what was once so great, and such a joy to watch.” ~ John Tamny
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Weekly Initial Claims for Unemployment Benefits Rise Slightly
“Weekly initial claims for unemployment benefits ticked up and are slightly above the pre-pandemic level. Overall, claims remain at a very low level by historical comparison. Most data suggest the labor market remains very tight.” ~ Robert Hughes
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It’s Always about Fear.
“Government endangers us, and does not deserve our trust. But now, just pointing out that danger…makes us terrorists. This is only possible because of the decades-long sacrifice of liberty to fear.” ~ Laura Williams
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Harsh Weather Drives a Surge in Utility Output While Manufacturing Posts a Modest Gain
“Industrial output jumped in January, led by a weather-related surge in utility output. Modest gains across many other areas puts about 95 percent of industrial producers at or above pre-pandemic levels. While declining Omicron cases should reduce constraints on output, overall labor shortages remain a significant obstacle.” ~ Robert Hughes
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Walter Williams: A Legacy of Liberty
“Professor Williams’ research shows how powerful the concept of liberty is, and how it should remain a strong tool as America continues to race on its mission to provide opportunities for people around the world.” ~ John Sibley Butler
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•
Retail Spending Rebounded in January
“Retail sales rebounded in January and remain at a high level. However, some of the strong gains are likely due to price increases, making real gains less robust.” ~ Robert Hughes
-
•
Why China’s Aggression In Asia Is Backfiring
“China occupies a region with fierce competitors. This presents Washington with an opportunity for a more nuanced and multilateral response that brings together diverse countries in pursuit of peace and stability in the region.” ~ Ethan Yang
-
•
FDA Continues to Meddle With Covid-19 Treatments
“When the FDA and other agencies curtail private efforts to battle Covid-19, including limiting the use of existing and established treatments, we place our trust in less capable hands.” ~ Raymond J. March
-
•
How the Coddled Kids Graduated But Never Grew Up
“The coddled kids didn’t grow up, and now they’re in positions of authority everywhere. The madness of crowds had long been simmering at the doors of American institutions – then its halls, and then its board rooms.” ~ Joakim Book
-
•
Housing Permits Remained Hot in January but Mortgage Rates Also Continued to Rise
“Housing permits were solid again in January. However, rising home prices and higher mortgage rates may be headwinds for demand while elevated commodity costs remain a challenge for homebuilder profits.” ~ Robert Hughes
-
•
Book Review: Chris Herring’s ‘Blood In the Garden’
“Hopefully Chris Herring follows up his book with one that covers the Knicks teams that came after the ones of the 1990s; that, or Herring’s book inspires a look by someone else into what became of what was once so great, and such a joy to watch.” ~ John Tamny
-
•
Weekly Initial Claims for Unemployment Benefits Rise Slightly
“Weekly initial claims for unemployment benefits ticked up and are slightly above the pre-pandemic level. Overall, claims remain at a very low level by historical comparison. Most data suggest the labor market remains very tight.” ~ Robert Hughes
-
•
It’s Always about Fear.
“Government endangers us, and does not deserve our trust. But now, just pointing out that danger…makes us terrorists. This is only possible because of the decades-long sacrifice of liberty to fear.” ~ Laura Williams
-
•
Harsh Weather Drives a Surge in Utility Output While Manufacturing Posts a Modest Gain
“Industrial output jumped in January, led by a weather-related surge in utility output. Modest gains across many other areas puts about 95 percent of industrial producers at or above pre-pandemic levels. While declining Omicron cases should reduce constraints on output, overall labor shortages remain a significant obstacle.” ~ Robert Hughes
-
•
Walter Williams: A Legacy of Liberty
“Professor Williams’ research shows how powerful the concept of liberty is, and how it should remain a strong tool as America continues to race on its mission to provide opportunities for people around the world.” ~ John Sibley Butler
-
•
Retail Spending Rebounded in January
“Retail sales rebounded in January and remain at a high level. However, some of the strong gains are likely due to price increases, making real gains less robust.” ~ Robert Hughes