Daily Economy
-
•
Three – No, Four – Cheers for Space-Travelling Billionaires
“Private space programs are commercial endeavors in the short term, philanthropy over the long term – on an epic scale. Expecting public magnanimity was probably foolish.” ~ Peter C. Earle
-
•
Manufacturing-Sector Demand Remains Strong as Labor, Materials, and Logistical Struggles Continue
“Manufacturing demand remains robust, while labor, production, and logistical issues continue to pressure prices.” – Robert Hughes
-
•
The Rise of the Erudite Technocrats
“The expert, as ushered into politics by people like Jan Tinbergen’s brand of highly capable and motivated scientists, has been here for a long time. Whether they’re here to stay is a different matter.” ~ Joakim Book
-
•
Economics of Liberty
“Freedom Fest 2021 was fun and instructive. Liberty lovers can discuss important policy matters face-to-face to great effect but some need to delve a bit deeper into the economic theories discussed at places like AIER if they really want to improve the world.” ~ Robert E. Wright
-
•
Covid Policy and Outcomes
“Science was repeatedly invoked, but at least the actions I examined here were not supported by science. The reason for this may have been identified by Lord Acton in the 19th century. ‘Power tends to corrupt, and absolute power corrupts absolutely.'” ~ Gerald P. O’Driscoll, Jr.
-
•
Let’s Not Repeat the Same Mistakes With the Delta Variant
“The real danger with all of this is whether or not we are going to get the same incoherent set of impositions on our lives as the first few waves. Those in power should tread lightly because they truly have worn our patience thin for what is becoming far too long.” ~ Ethan Yang
-
•
Cuban Farm Fantasies and Failures
“Cuba should have watched and learned from the more complete reforms embraced by China and Vietnam. By holding onto Soviet-inspired collective farming institutions, while experimenting with a return to pre-industrial farm technologies, the tone-deaf regime in Havana puts its own survival at risk.” ~ Robert Paarlberg
-
•
Sweden to the Political Left of the Whole USA?
“Leftists might deny that they generally favor greater governmentalization, but the reality is that their ideas and policies almost always lead to bigger government. They often seem to be in denial about that, just as they are in denial about the downside of governmentalizing social affairs.” ~ Daniel B. Klein
-
•
Bringing Money Under the Rule of Law
“The problem, of course, is that the Fed has always been under constant political pressure, but even when it is acting independently, its adventurism can and has ended poorly. To combat this, the authors argue that the Fed should be bound by explicit rules that constrain it from exercising broad discretion.” ~ Ethan Yang
-
•
What’s in a Name? Quite a Lot, Actually
“After studying economics, I started to understand what brand names do. Social phenomena persist because they solve problems, and brand names solve significant information problems. I think critics of brand names and marketing would do well to give consumers the benefit of the doubt.” ~ Art Carden
-
•
Three – No, Four – Cheers for Space-Travelling Billionaires
“Private space programs are commercial endeavors in the short term, philanthropy over the long term – on an epic scale. Expecting public magnanimity was probably foolish.” ~ Peter C. Earle
-
•
Manufacturing-Sector Demand Remains Strong as Labor, Materials, and Logistical Struggles Continue
“Manufacturing demand remains robust, while labor, production, and logistical issues continue to pressure prices.” – Robert Hughes
-
•
The Rise of the Erudite Technocrats
“The expert, as ushered into politics by people like Jan Tinbergen’s brand of highly capable and motivated scientists, has been here for a long time. Whether they’re here to stay is a different matter.” ~ Joakim Book
-
•
Economics of Liberty
“Freedom Fest 2021 was fun and instructive. Liberty lovers can discuss important policy matters face-to-face to great effect but some need to delve a bit deeper into the economic theories discussed at places like AIER if they really want to improve the world.” ~ Robert E. Wright
-
•
Covid Policy and Outcomes
“Science was repeatedly invoked, but at least the actions I examined here were not supported by science. The reason for this may have been identified by Lord Acton in the 19th century. ‘Power tends to corrupt, and absolute power corrupts absolutely.'” ~ Gerald P. O’Driscoll, Jr.
-
•
Let’s Not Repeat the Same Mistakes With the Delta Variant
“The real danger with all of this is whether or not we are going to get the same incoherent set of impositions on our lives as the first few waves. Those in power should tread lightly because they truly have worn our patience thin for what is becoming far too long.” ~ Ethan Yang
-
•
Cuban Farm Fantasies and Failures
“Cuba should have watched and learned from the more complete reforms embraced by China and Vietnam. By holding onto Soviet-inspired collective farming institutions, while experimenting with a return to pre-industrial farm technologies, the tone-deaf regime in Havana puts its own survival at risk.” ~ Robert Paarlberg
-
•
Sweden to the Political Left of the Whole USA?
“Leftists might deny that they generally favor greater governmentalization, but the reality is that their ideas and policies almost always lead to bigger government. They often seem to be in denial about that, just as they are in denial about the downside of governmentalizing social affairs.” ~ Daniel B. Klein
-
•
Bringing Money Under the Rule of Law
“The problem, of course, is that the Fed has always been under constant political pressure, but even when it is acting independently, its adventurism can and has ended poorly. To combat this, the authors argue that the Fed should be bound by explicit rules that constrain it from exercising broad discretion.” ~ Ethan Yang
-
•
What’s in a Name? Quite a Lot, Actually
“After studying economics, I started to understand what brand names do. Social phenomena persist because they solve problems, and brand names solve significant information problems. I think critics of brand names and marketing would do well to give consumers the benefit of the doubt.” ~ Art Carden