Daily Economy
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The Recovery of Liberty
“The attack on liberty is unrelenting. To get attackers to relent, it helps to clarify what we mean by liberty. We are then in a better position to awaken them to the damage they do.” ~ Daniel B. Klein
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What’s Wrong with “Neoliberal Economics”?
“In practice, ‘neoliberal’ economics often results in a cycle of ‘stimulus’ (Keynesian-type deficit spending) followed soon afterwards by “austerity” (higher taxes). The weaker economy that results pushes governments back toward a cycle of ‘stimulus.'” ~ Nathan Lewis
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Will Evergrande Go Bankrupt?
“The chances of Evergrande’s survival without public aid or without the massive injection of cash from some unsuspecting investor are therefore nil.” ~ Daniel Fernández
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Biden’s HHS: We Don’t Have Time to Review Regulations, We’re Too Busy Enforcing Them
“The Biden administration thinks small business owners and the general public will be soothed by the idea of ‘regulatory certainty’ — that harmful regulations will go on forever and ever.”
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Existing Single-Family Home Sales Rose Again as Prices Continue to Rise
“Existing-home sales rose in October, driven by the single-family segment, as prices continue to rise. Shifting housing preferences may continue to influence activity over coming months and quarters.” ~ Robert Hughes
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Should We Help Workers Who Lose Jobs to Imports?
“Too much of the discussion about job destruction and worker transition rests on the questionable assumption that all actors in markets, including workers, are either myopic or quite unintelligent (or both).” ~ Donald J. Boudreaux
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Don’t Blame the “Greedy Wealthy”
“The problem is that we have already spent hundreds of billions of dollars on programs to end poverty, and yet there is still….poverty.” ~ Michael C. Munger
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Twilight of the NYC Pizza Principle
“The link between NYC subway fares and the price of a pizza slice ended a few years back, but the death of .99 cent slices suggests that relative price changes are now confounding the most formidable business talents.” ~ Peter C. Earle
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Risk, Uncertainty and Profit 100 Years Later
“It is the special function of the entrepreneur to generate unpredictable change and the economic profit or loss, progress or mistakes, that result from it.” ~ Alex J. Pollock
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Russia’s Africa Policy: Geopolitics and Commercial Interests
“The United States must find robust relationships built upon mutual benefits that are in accordance with our values and the values of our current and potential partners. We must mind our business and avoid crusades.” ~ Todd Myers
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•
The Recovery of Liberty
“The attack on liberty is unrelenting. To get attackers to relent, it helps to clarify what we mean by liberty. We are then in a better position to awaken them to the damage they do.” ~ Daniel B. Klein
-
•
What’s Wrong with “Neoliberal Economics”?
“In practice, ‘neoliberal’ economics often results in a cycle of ‘stimulus’ (Keynesian-type deficit spending) followed soon afterwards by “austerity” (higher taxes). The weaker economy that results pushes governments back toward a cycle of ‘stimulus.'” ~ Nathan Lewis
-
•
Will Evergrande Go Bankrupt?
“The chances of Evergrande’s survival without public aid or without the massive injection of cash from some unsuspecting investor are therefore nil.” ~ Daniel Fernández
-
•
Biden’s HHS: We Don’t Have Time to Review Regulations, We’re Too Busy Enforcing Them
“The Biden administration thinks small business owners and the general public will be soothed by the idea of ‘regulatory certainty’ — that harmful regulations will go on forever and ever.”
-
•
Existing Single-Family Home Sales Rose Again as Prices Continue to Rise
“Existing-home sales rose in October, driven by the single-family segment, as prices continue to rise. Shifting housing preferences may continue to influence activity over coming months and quarters.” ~ Robert Hughes
-
•
Should We Help Workers Who Lose Jobs to Imports?
“Too much of the discussion about job destruction and worker transition rests on the questionable assumption that all actors in markets, including workers, are either myopic or quite unintelligent (or both).” ~ Donald J. Boudreaux
-
•
Don’t Blame the “Greedy Wealthy”
“The problem is that we have already spent hundreds of billions of dollars on programs to end poverty, and yet there is still….poverty.” ~ Michael C. Munger
-
•
Twilight of the NYC Pizza Principle
“The link between NYC subway fares and the price of a pizza slice ended a few years back, but the death of .99 cent slices suggests that relative price changes are now confounding the most formidable business talents.” ~ Peter C. Earle
-
•
Risk, Uncertainty and Profit 100 Years Later
“It is the special function of the entrepreneur to generate unpredictable change and the economic profit or loss, progress or mistakes, that result from it.” ~ Alex J. Pollock
-
•
Russia’s Africa Policy: Geopolitics and Commercial Interests
“The United States must find robust relationships built upon mutual benefits that are in accordance with our values and the values of our current and potential partners. We must mind our business and avoid crusades.” ~ Todd Myers