Daily Economy
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Retail Spending Fell Sharply in December
“Retail sales fell in December but remain at a high level, sustaining pressure on prices. However, there may be early signs of easing pressures as sales growth moderates and inventories rise.” ~ Robert Hughes
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Yes, Blame the Federal Student Loans
“As important as all this context is, it does not detract from by far the most important message of Mitchell’s fascinating and highly readable book: federal student lending, often fueled by good intentions, is ‘help’ that has very often hurt.” ~ Neal McCluskey
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Institutions, Incentives, and the Impending Death of the Senate Filibuster
“If the old rules failed to function as intended, there would be more justification for junking the filibuster altogether. That would be a sad day for the republic, but at least we would have tried to save it.” ~ James E. Hanley
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Does Modern Technology Enable Communism?
“Let us hope that one day proponents of communism can find it within themselves to finally listen to Mises and Hayek, free themselves from the chains of planning, and embrace what is truly radical: free markets and a free society.” ~ Kenneth Kalczuk
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Spielberg’s West Side Story Doubles Down on Tragedy of Prejudice
“The emphasis remains on the tragic consequences of failing to recognize and honor individuals for who they are, the soul-tearing nature of violence to resolve disputes, and the need to promote more honest and sincere dialogue to promote understanding and peace.” ~ Samuel R. Staley
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Rise of the Jacobins: America’s Socialists Want Your Help
“The idea that socialism, other than various forms of voluntary communities in which people choose material privation and seek agreed equality, is the answer to anything runs against human experience.” ~ Doug Bandow
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Weekly Initial Claims for Unemployment Benefits Rise to the Highest Level Since November
“Weekly initial claims for unemployment benefits rose to a two-month high, possibly impacted by the current surge in new Covid cases. Regardless, the labor market remains very tight.” ~ Robert Hughes
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Hijacking Liberalism: Spencer’s The Man Versus the State
“At best, Scholars often view Spencer as a magnificent dinosaur, at worst a grumpy phantom of Christmas past—this is a mistake. The hijacking of ‘liberalism’ was a triumph. Perhaps this makes it all the more important to understand how it happened.” ~ Alberto Mingardi
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Fauci Lies in the Senate
“The emails quickly made the rounds, and they reveal Fauci’s modus operandi. He speaks ‘the science’ to the public while working in private to stifle dissenting views.” ~ David Waugh & James R. Harrigan
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Stimulus & Wages, What Exactly Happened?
“Going forward, there should be less of a one-size-fits-all approach to such policy, as a more targeted bill would minimize waste of scarce resources, and curtail detrimental consequences, like inflation, to working-class Americans.” ~ Siddharth Gundapaneni
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•
Retail Spending Fell Sharply in December
“Retail sales fell in December but remain at a high level, sustaining pressure on prices. However, there may be early signs of easing pressures as sales growth moderates and inventories rise.” ~ Robert Hughes
-
•
Yes, Blame the Federal Student Loans
“As important as all this context is, it does not detract from by far the most important message of Mitchell’s fascinating and highly readable book: federal student lending, often fueled by good intentions, is ‘help’ that has very often hurt.” ~ Neal McCluskey
-
•
Institutions, Incentives, and the Impending Death of the Senate Filibuster
“If the old rules failed to function as intended, there would be more justification for junking the filibuster altogether. That would be a sad day for the republic, but at least we would have tried to save it.” ~ James E. Hanley
-
•
Does Modern Technology Enable Communism?
“Let us hope that one day proponents of communism can find it within themselves to finally listen to Mises and Hayek, free themselves from the chains of planning, and embrace what is truly radical: free markets and a free society.” ~ Kenneth Kalczuk
-
•
Spielberg’s West Side Story Doubles Down on Tragedy of Prejudice
“The emphasis remains on the tragic consequences of failing to recognize and honor individuals for who they are, the soul-tearing nature of violence to resolve disputes, and the need to promote more honest and sincere dialogue to promote understanding and peace.” ~ Samuel R. Staley
-
•
Rise of the Jacobins: America’s Socialists Want Your Help
“The idea that socialism, other than various forms of voluntary communities in which people choose material privation and seek agreed equality, is the answer to anything runs against human experience.” ~ Doug Bandow
-
•
Weekly Initial Claims for Unemployment Benefits Rise to the Highest Level Since November
“Weekly initial claims for unemployment benefits rose to a two-month high, possibly impacted by the current surge in new Covid cases. Regardless, the labor market remains very tight.” ~ Robert Hughes
-
•
Hijacking Liberalism: Spencer’s The Man Versus the State
“At best, Scholars often view Spencer as a magnificent dinosaur, at worst a grumpy phantom of Christmas past—this is a mistake. The hijacking of ‘liberalism’ was a triumph. Perhaps this makes it all the more important to understand how it happened.” ~ Alberto Mingardi
-
•
Fauci Lies in the Senate
“The emails quickly made the rounds, and they reveal Fauci’s modus operandi. He speaks ‘the science’ to the public while working in private to stifle dissenting views.” ~ David Waugh & James R. Harrigan
-
•
Stimulus & Wages, What Exactly Happened?
“Going forward, there should be less of a one-size-fits-all approach to such policy, as a more targeted bill would minimize waste of scarce resources, and curtail detrimental consequences, like inflation, to working-class Americans.” ~ Siddharth Gundapaneni