Daily Economy
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A Current Burden of Deficit Financing
“Only someone who is convinced that government will undertake only economically worthwhile projects regardless of the means of financing – or someone who doesn’t understand economics – can look favorably upon deficit financing by government.” ~ Donald J. Boudreaux
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End Banking as We Know It?
“Omarova is right to point out the deficiencies in central banking. Nonetheless, ending traditional banking to fix central banking would be like closing schools to improve student retention. There are easier ways forward.” ~ Kenneth Kalczuk
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Can You Even Be An “Informed” Citizen?
“The issues we’re considering are far, far more complex than you can fit on a bumper sticker, and this suggests that we would do better to move things into the commercial sphere rather than the political sphere.” ~ Art Carden
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Hostility to Free Trade Is Now Officially Bipartisan
“Now, despite nominally battling each other on many issues, on one issue Democrats and Republicans stand united: their bipartisan hostility to free trade.” ~ Raymond C. Niles
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Beware of the Progressive Redefinition of Moderates
“Frederic Bastiat wrote his electoral manifesto at a time when politically popular ‘moderates’ enabled expanding government coercion, while ‘extremists’ defended liberty. Unfortunately, little seems different today.” ~ Gary M. Galles
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Slower But Broad-Based Gains for Private Sector Payrolls in September
“Payrolls posted another disappointing gain in September though breadth of gains in the private sector was favorable. The outlook is for continued recovery but the threats and headwinds to growth remain significant.” – Robert Hughes
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Biden’s $3.5 Trillion “Make Big Government Even Bigger” Plan
“What is needed is a repeal of government regulations and restrictions, ending any and all government control over consumption and production, lowering taxes, the end to budget deficits, and working with a balanced budget.” ~ Richard M. Ebeling
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Has America’s Third “Civil War” Begun?
“America’s civil civil war seems to pit ‘sheeple’ against people, the brainwashed against those capable of independent thought, and ‘safety first’ authoritarians against civil libertarians, left, right, and center.” ~ Robert E. Wright
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President Biden Is the Latest to Promote the Fib That Corporations Pay No Taxes
“So long as the tax code penalizes work and investment, corporate taxes will be enormously high. Call them what they are: taxes on individual earnings that harm the individual, and that by extension harm the corporations that operate within what we call an ‘economy.'” ~ John Tamny
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The Good, the Wise, and the Just
“To recognize that it is to your own advantage to trust, and to be trustworthy in turn, is the key to living together in a market economy.” ~ Michael Munger
-
•
A Current Burden of Deficit Financing
“Only someone who is convinced that government will undertake only economically worthwhile projects regardless of the means of financing – or someone who doesn’t understand economics – can look favorably upon deficit financing by government.” ~ Donald J. Boudreaux
-
•
End Banking as We Know It?
“Omarova is right to point out the deficiencies in central banking. Nonetheless, ending traditional banking to fix central banking would be like closing schools to improve student retention. There are easier ways forward.” ~ Kenneth Kalczuk
-
•
Can You Even Be An “Informed” Citizen?
“The issues we’re considering are far, far more complex than you can fit on a bumper sticker, and this suggests that we would do better to move things into the commercial sphere rather than the political sphere.” ~ Art Carden
-
•
Hostility to Free Trade Is Now Officially Bipartisan
“Now, despite nominally battling each other on many issues, on one issue Democrats and Republicans stand united: their bipartisan hostility to free trade.” ~ Raymond C. Niles
-
•
Beware of the Progressive Redefinition of Moderates
“Frederic Bastiat wrote his electoral manifesto at a time when politically popular ‘moderates’ enabled expanding government coercion, while ‘extremists’ defended liberty. Unfortunately, little seems different today.” ~ Gary M. Galles
-
•
Slower But Broad-Based Gains for Private Sector Payrolls in September
“Payrolls posted another disappointing gain in September though breadth of gains in the private sector was favorable. The outlook is for continued recovery but the threats and headwinds to growth remain significant.” – Robert Hughes
-
•
Biden’s $3.5 Trillion “Make Big Government Even Bigger” Plan
“What is needed is a repeal of government regulations and restrictions, ending any and all government control over consumption and production, lowering taxes, the end to budget deficits, and working with a balanced budget.” ~ Richard M. Ebeling
-
•
Has America’s Third “Civil War” Begun?
“America’s civil civil war seems to pit ‘sheeple’ against people, the brainwashed against those capable of independent thought, and ‘safety first’ authoritarians against civil libertarians, left, right, and center.” ~ Robert E. Wright
-
•
President Biden Is the Latest to Promote the Fib That Corporations Pay No Taxes
“So long as the tax code penalizes work and investment, corporate taxes will be enormously high. Call them what they are: taxes on individual earnings that harm the individual, and that by extension harm the corporations that operate within what we call an ‘economy.'” ~ John Tamny
-
•
The Good, the Wise, and the Just
“To recognize that it is to your own advantage to trust, and to be trustworthy in turn, is the key to living together in a market economy.” ~ Michael Munger