Daily Economy
-
•
To Fix the Shipping Crisis, Start by Repealing the Jones Act
“The Biden Administration should immediately suspend the Jones Act, at least until the shipping backlog is remedied. That, instead of coddling special interests wielding ludicrous (and arguably long out-of-date) arguments, would be a true ‘gamechanger.'” ~ Peter C. Earle
-
•
An Open Letter to Phil Magness, by Don Boudreaux
“The future of economic analysis would be brighter if economists today were more knowledgeable about its past – and thought as deeply as did earlier scholars such as Buchanan, Stigler, and Dewey about the nature of competition and the complexities of real-world markets.” ~ Donald J. Boudreaux
-
•
Socialist Darwinism
“The next time somebody accuses you of Social Darwinism, tell ‘em you want to help the poor to thrive by supporting policies that increase productivity and that allow people to help the unfortunate through charity, insurance, and other voluntary mechanisms.” ~ Robert E. Wright
-
•
Principles, Not Coercion, Are the Source of Unity
“True unity, our shared humanity, must rest on the principle of natural rights. Rights-based unity leads to cooperation and harmony based on respect for voluntary choices made by individuals, especially when their choices differ from our own.” ~ Barry Brownstein
-
•
A Tale of Two Pizzas: Are Property Values Really Yours to Keep?
“You may own a monetary asset, but you’re not entitled to determine its exchange rate against other goods and services. Just because you own something, that doesn’t mean you own the prerogative of setting its price. That goes for homes too.” ~ Joakim Book
-
•
Recovering a Lost Tradition: Review of The Lost Tradition of Economic Equality in America, 1600-1870
“Knowledge will advance when this literature merges historical craftsmanship like Mandell’s with economists’ methodological individualism and the notion that the hyper-liberals might have been right.” ~ Art Carden
-
•
What If a Great Crypto Crash Is Coming?
“Were the world to experience a new economic downturn, there is a great possibility that this lack of consumer use will show the current valuation of Bitcoin to have been a bubble. If this happens, a lot of retail investors will suffer.” ~ Benjamin Juhlin
-
•
President Biden Can Talk Like a Socialist Precisely Because He Can’t Govern Like One
“The U.S. will turn things around. We always do the right thing in the end. We’re not nearly as fragile as the ‘patriots’ on both sides believe. The croakers have never been right about the U.S., and the view here is that they’re not about to be.” ~ John Tamny
-
•
Existing-Home Sales Rose and Inventory Fell in September
“Existing-home sales rose in September as high prices and shifting housing preferences influence activity.” – Robert Hughes
-
•
The Devil Didn’t Make ’Em Do It, and Neither Did the Pandemic
“Believing Covid shuts down businesses, closes schools, causes substance abuse, requires emergency orders, and so forth requires the unstated presumption that individuals are not the ones choosing. It’s a signature fallacy in the Covid era, and one that I had thought people would have given up by now.” ~ Jon Sanders
-
•
To Fix the Shipping Crisis, Start by Repealing the Jones Act
“The Biden Administration should immediately suspend the Jones Act, at least until the shipping backlog is remedied. That, instead of coddling special interests wielding ludicrous (and arguably long out-of-date) arguments, would be a true ‘gamechanger.'” ~ Peter C. Earle
-
•
An Open Letter to Phil Magness, by Don Boudreaux
“The future of economic analysis would be brighter if economists today were more knowledgeable about its past – and thought as deeply as did earlier scholars such as Buchanan, Stigler, and Dewey about the nature of competition and the complexities of real-world markets.” ~ Donald J. Boudreaux
-
•
Socialist Darwinism
“The next time somebody accuses you of Social Darwinism, tell ‘em you want to help the poor to thrive by supporting policies that increase productivity and that allow people to help the unfortunate through charity, insurance, and other voluntary mechanisms.” ~ Robert E. Wright
-
•
Principles, Not Coercion, Are the Source of Unity
“True unity, our shared humanity, must rest on the principle of natural rights. Rights-based unity leads to cooperation and harmony based on respect for voluntary choices made by individuals, especially when their choices differ from our own.” ~ Barry Brownstein
-
•
A Tale of Two Pizzas: Are Property Values Really Yours to Keep?
“You may own a monetary asset, but you’re not entitled to determine its exchange rate against other goods and services. Just because you own something, that doesn’t mean you own the prerogative of setting its price. That goes for homes too.” ~ Joakim Book
-
•
Recovering a Lost Tradition: Review of The Lost Tradition of Economic Equality in America, 1600-1870
“Knowledge will advance when this literature merges historical craftsmanship like Mandell’s with economists’ methodological individualism and the notion that the hyper-liberals might have been right.” ~ Art Carden
-
•
What If a Great Crypto Crash Is Coming?
“Were the world to experience a new economic downturn, there is a great possibility that this lack of consumer use will show the current valuation of Bitcoin to have been a bubble. If this happens, a lot of retail investors will suffer.” ~ Benjamin Juhlin
-
•
President Biden Can Talk Like a Socialist Precisely Because He Can’t Govern Like One
“The U.S. will turn things around. We always do the right thing in the end. We’re not nearly as fragile as the ‘patriots’ on both sides believe. The croakers have never been right about the U.S., and the view here is that they’re not about to be.” ~ John Tamny
-
•
Existing-Home Sales Rose and Inventory Fell in September
“Existing-home sales rose in September as high prices and shifting housing preferences influence activity.” – Robert Hughes
-
•
The Devil Didn’t Make ’Em Do It, and Neither Did the Pandemic
“Believing Covid shuts down businesses, closes schools, causes substance abuse, requires emergency orders, and so forth requires the unstated presumption that individuals are not the ones choosing. It’s a signature fallacy in the Covid era, and one that I had thought people would have given up by now.” ~ Jon Sanders