Daily Economy
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Everything Nancy MacLean Doesn’t Like is a Conspiracy Theory
“It would appear that MacLean’s ideological disdain for school vouchers is so intense, so fervent, and so unwavering, that she’s willing to countenance a direct partnership with racial segregationists in the service of that cause.” ~ Phillip W. Magness
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October Industrial Output Posts Broad-based Gain
“Industrial output rebounded in October as the effects of Hurricane Ida faded and motor vehicle production jumped. It may take some time for materials shortages and logistical problems to be fully resolved, but October was a positive sign for the outlook.” – Robert Hughes
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The Church of State: Taxonomy of a New Religion
“In viewing one another as sacred individuals, even the godless might just find something a little closer to God. If we don’t reestablish a doctrine of sacredness of persons, we risk returning to the horrors that marked the twentieth century.” ~ Max Borders
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Retail Spending Hits a New Record High in October
“Retail sales rose in October, hitting a new record high. Resilient consumer spending is a positive for the outlook but also sustains upward pressure on prices.” – Robert Hughes
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The Case of Evergrande: Is There a Housing Bubble in China?
“The Chinese housing bubble is enormous; various economic indicators leave no room for doubt. Evergrande’s problem is not an isolated issue but a systemic problem with the Chinese economy.” ~ Daniel Fernández
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Thoughts on Democratic Choice
“Freedom of choice is wonderful, and democracy – properly understood and constrained – can be a blessing. But democracy becomes a heinous curse when its ethos is reduced to nothing more than the belief that the majority is free to choose whatever it fancies.” ~ Donald J. Boudreaux
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The Stories from a Decentralized Short Squeeze
“Millions were made, billions lost, revenge realized and dreams shattered. The GameStop saga is both disturbing for what it reveals about a society’s divides and the market structure that made it possible.” ~ Joakim Book
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Whose Life is it Anyway? Politicians Should Stop Claiming Our Futures as Their Own
“Although Democrats are on the offense, Republicans were wildly irresponsible when they last held the majority. Watching the Democrats this year gives new meaning to the joke line, ‘I’m from the government and I’m here to help you.’ Remember Sen. Murray.” ~ Doug Bandow
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Stop Protecting Presidents from History
“Continuing to close the doors on presidential records is a clear and present danger to Americans recognizing how badly they have been misgoverned.” ~ James Bovard
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Fragility’s Triumph
“As manners have coarsened, so—seemingly paradoxically—vulnerability, or the claim to vulnerability, has increased. The least expression which somebody finds disobliging is now treated as if it were a real sock on the jaw.” ~ Theodore Dalrymple
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•
Everything Nancy MacLean Doesn’t Like is a Conspiracy Theory
“It would appear that MacLean’s ideological disdain for school vouchers is so intense, so fervent, and so unwavering, that she’s willing to countenance a direct partnership with racial segregationists in the service of that cause.” ~ Phillip W. Magness
-
•
October Industrial Output Posts Broad-based Gain
“Industrial output rebounded in October as the effects of Hurricane Ida faded and motor vehicle production jumped. It may take some time for materials shortages and logistical problems to be fully resolved, but October was a positive sign for the outlook.” – Robert Hughes
-
•
The Church of State: Taxonomy of a New Religion
“In viewing one another as sacred individuals, even the godless might just find something a little closer to God. If we don’t reestablish a doctrine of sacredness of persons, we risk returning to the horrors that marked the twentieth century.” ~ Max Borders
-
•
Retail Spending Hits a New Record High in October
“Retail sales rose in October, hitting a new record high. Resilient consumer spending is a positive for the outlook but also sustains upward pressure on prices.” – Robert Hughes
-
•
The Case of Evergrande: Is There a Housing Bubble in China?
“The Chinese housing bubble is enormous; various economic indicators leave no room for doubt. Evergrande’s problem is not an isolated issue but a systemic problem with the Chinese economy.” ~ Daniel Fernández
-
•
Thoughts on Democratic Choice
“Freedom of choice is wonderful, and democracy – properly understood and constrained – can be a blessing. But democracy becomes a heinous curse when its ethos is reduced to nothing more than the belief that the majority is free to choose whatever it fancies.” ~ Donald J. Boudreaux
-
•
The Stories from a Decentralized Short Squeeze
“Millions were made, billions lost, revenge realized and dreams shattered. The GameStop saga is both disturbing for what it reveals about a society’s divides and the market structure that made it possible.” ~ Joakim Book
-
•
Whose Life is it Anyway? Politicians Should Stop Claiming Our Futures as Their Own
“Although Democrats are on the offense, Republicans were wildly irresponsible when they last held the majority. Watching the Democrats this year gives new meaning to the joke line, ‘I’m from the government and I’m here to help you.’ Remember Sen. Murray.” ~ Doug Bandow
-
•
Stop Protecting Presidents from History
“Continuing to close the doors on presidential records is a clear and present danger to Americans recognizing how badly they have been misgoverned.” ~ James Bovard
-
•
Fragility’s Triumph
“As manners have coarsened, so—seemingly paradoxically—vulnerability, or the claim to vulnerability, has increased. The least expression which somebody finds disobliging is now treated as if it were a real sock on the jaw.” ~ Theodore Dalrymple