Daily Economy
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Breaking News: Unrealized Capital Gains are Not Taxed
“There’s no real news here. Instead the White House economists who did the study, Greg Leiserson and Danny Yagan, have redefined income.” ~ David R. Henderson
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Understanding Underthrow: A Pragmatic Case for Decentralism and Satyagraha
“It’s time to unleash a thousand experiments in underthrow. Even if only a few of those experiments take hold, these niches represent the promise that you find a system that more closely resembles your ideals.” ~ Max Borders
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The Integration of College Football
“With the slow process of peaceful social change, things become possible that had previously been impossible, and compromises that at one time had been acceptable, become unacceptable.” ~ Clifford F. Thies
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Weekly Initial Claims for Unemployment Benefits Rise Again as Continuing Claims Fall
“Weekly initial claims for unemployment benefits rose for a second consecutive week, likely a result of the recent surge in new Covid cases. However, a tight labor market and a record number of open jobs should support a downward trend, but the path may be extended and more volatile.” – Robert Hughes
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Coin Can’t Save US from Debt Crisis
“If Treasury can just slap a figure on a hunk of metal and demand that the Federal Reserve credit its account with that figure, it could force the creation of as much money as the politicians controlling it want.” ~ Robert E. Wright
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America’s Fiscal History: From Liberty to Paternalism
“Once the ideology of collectivism replaces the political philosophy of individual freedom, free enterprise, impartial rule of law, and constitutionally limited government, the nation faces not only ultimate financial bankruptcy, but cultural and social collapse as well.” ~ Richard M. Ebeling
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Existing-Home Sales and Inventory Fell in August
“Existing-home sales and inventories fell slightly in August as high prices and shifting housing preferences weigh on activity.” – Robert Hughes
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What Is Money, Anyway?
“Rather than it being evil, it should deserve respect since it lays claim to the production of goods and services that do not yet exist. Even more boldly, when earned non-fraudulently, money represents a debt society owes you.” ~ David Gillette
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Biden’s Wrecking Ball for Financial Privacy
“President Biden relishes condemning tax-dodging billionaires but that $600 reporting requirement is a signal that IRS purgatory could soon be crowded with average Americans.” ~ James Bovard
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Economics and the Picture Show
“Economists should pay attention to aesthetics, or the art of economics, which is the art of creating ourselves, both morally and financially. More radically, economists need to stop trying to find an objective way into the heart of what happens when we exchange.” ~ Robert E. Gordon
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•
Breaking News: Unrealized Capital Gains are Not Taxed
“There’s no real news here. Instead the White House economists who did the study, Greg Leiserson and Danny Yagan, have redefined income.” ~ David R. Henderson
-
•
Understanding Underthrow: A Pragmatic Case for Decentralism and Satyagraha
“It’s time to unleash a thousand experiments in underthrow. Even if only a few of those experiments take hold, these niches represent the promise that you find a system that more closely resembles your ideals.” ~ Max Borders
-
•
The Integration of College Football
“With the slow process of peaceful social change, things become possible that had previously been impossible, and compromises that at one time had been acceptable, become unacceptable.” ~ Clifford F. Thies
-
•
Weekly Initial Claims for Unemployment Benefits Rise Again as Continuing Claims Fall
“Weekly initial claims for unemployment benefits rose for a second consecutive week, likely a result of the recent surge in new Covid cases. However, a tight labor market and a record number of open jobs should support a downward trend, but the path may be extended and more volatile.” – Robert Hughes
-
•
Coin Can’t Save US from Debt Crisis
“If Treasury can just slap a figure on a hunk of metal and demand that the Federal Reserve credit its account with that figure, it could force the creation of as much money as the politicians controlling it want.” ~ Robert E. Wright
-
•
America’s Fiscal History: From Liberty to Paternalism
“Once the ideology of collectivism replaces the political philosophy of individual freedom, free enterprise, impartial rule of law, and constitutionally limited government, the nation faces not only ultimate financial bankruptcy, but cultural and social collapse as well.” ~ Richard M. Ebeling
-
•
Existing-Home Sales and Inventory Fell in August
“Existing-home sales and inventories fell slightly in August as high prices and shifting housing preferences weigh on activity.” – Robert Hughes
-
•
What Is Money, Anyway?
“Rather than it being evil, it should deserve respect since it lays claim to the production of goods and services that do not yet exist. Even more boldly, when earned non-fraudulently, money represents a debt society owes you.” ~ David Gillette
-
•
Biden’s Wrecking Ball for Financial Privacy
“President Biden relishes condemning tax-dodging billionaires but that $600 reporting requirement is a signal that IRS purgatory could soon be crowded with average Americans.” ~ James Bovard
-
•
Economics and the Picture Show
“Economists should pay attention to aesthetics, or the art of economics, which is the art of creating ourselves, both morally and financially. More radically, economists need to stop trying to find an objective way into the heart of what happens when we exchange.” ~ Robert E. Gordon