Daily Economy
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The High Price of Popcorn
“The next time you reach for a handful of buttery popped corn, give a stomping cheer for the entrepreneurial creativity of the theater owner who made it possible for a wide variety of people to enjoy a summer blockbuster.” ~ Anthony Gill
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Weekly Initial Claims for Unemployment Benefits Fell but Remain Elevated
“Weekly initial claims for unemployment benefits fell in the latest week but the trends have slowed, and the levels remain elevated. A tight labor market and a record number of open jobs should continue to drive initial claims lower.” – Robert Hughes
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Lessons From the Bronze Age Collapse
“We survived this time, but the next time a global crisis rolls around we may not be so fortunate if governments continue to pursue their anti-social policies that undermine the social order based upon the division of labor.” ~ Zachary Yost
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The Dangers and Opportunities of Biden’s New Antitrust Order
“Biden’s executive order is filled with aggressive and romantic language that seems to harken back to the tired old age of early 20th-century trust busting that reeks of disdain for large corporations just for the sake of being large. At the same time, the order does pay some respect to the idea that economic freedom…
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Lumber Prices Return to Earth
“A new round of expansionary monetary policy, wildfires, or other developments could bring more upheaval to this ordinarily sedate market, but for now it appears that the lumber market delirium has been quelled.” ~ Peter C. Earle
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Debunking The 1619 Project
“With their 1619 Project, the New York Times has weighed in to rewrite American history by deconstructing institutions responsible for our prosperity and our success: free-market capitalism and the United States Constitution. To learn what is true, listen in to Bill Walton’s conversation with Phil Magness who devastatingly debunks these claims.” ~ AIER
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No Victory Lap For Governors Who Locked Down America
“As long as politicians are exalted, the actual details of their decrees are irrelevant: they have been coronated as saviors. Cuomo assured his fellow Covid-profiteering governors that ‘this will happen again.’ This is why Americans must recognize the catastrophic failure of political iron fists during the Covid-19 pandemic.” ~ James Bovard
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Icelandic Study Suggests Government Workers Are Unnecessary
“A lie can get around the world faster than truth can get its pants on, according to the adage apocryphally connected to Mark Twain or Winston Churchill (or Jonathan Swift). In a terrible ‘study,’ Iceland showed that we can reduce the hours worked by public officials without any meaningful negative outcome to society. Shocking, I…
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Appreciating F. A. Hayek’s Insights on Money and the Business Cycle
“Hayek’s monetary and business cycle writings from 90 years ago, and his many contributions to the general understanding of the dynamic market process and the limits to government omniscience, are and will be crucial to that task of fighting for the free and prosperous society.” ~ Richard M. Ebeling
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“Externality” Is No Good Excuse for Mandatory Vaccination
“That the choice to remain unvaccinated against Covid creates some risks for strangers is indisputable. Yet this fact about this choice does not distinguish it from many other choices with similar consequences, nearly all of which choices, again, do not justify government intervention.” ~ Donald J. Boudreaux
-
•
The High Price of Popcorn
“The next time you reach for a handful of buttery popped corn, give a stomping cheer for the entrepreneurial creativity of the theater owner who made it possible for a wide variety of people to enjoy a summer blockbuster.” ~ Anthony Gill
-
•
Weekly Initial Claims for Unemployment Benefits Fell but Remain Elevated
“Weekly initial claims for unemployment benefits fell in the latest week but the trends have slowed, and the levels remain elevated. A tight labor market and a record number of open jobs should continue to drive initial claims lower.” – Robert Hughes
-
•
Lessons From the Bronze Age Collapse
“We survived this time, but the next time a global crisis rolls around we may not be so fortunate if governments continue to pursue their anti-social policies that undermine the social order based upon the division of labor.” ~ Zachary Yost
-
•
The Dangers and Opportunities of Biden’s New Antitrust Order
“Biden’s executive order is filled with aggressive and romantic language that seems to harken back to the tired old age of early 20th-century trust busting that reeks of disdain for large corporations just for the sake of being large. At the same time, the order does pay some respect to the idea that economic freedom…
-
•
Lumber Prices Return to Earth
“A new round of expansionary monetary policy, wildfires, or other developments could bring more upheaval to this ordinarily sedate market, but for now it appears that the lumber market delirium has been quelled.” ~ Peter C. Earle
-
•
Debunking The 1619 Project
“With their 1619 Project, the New York Times has weighed in to rewrite American history by deconstructing institutions responsible for our prosperity and our success: free-market capitalism and the United States Constitution. To learn what is true, listen in to Bill Walton’s conversation with Phil Magness who devastatingly debunks these claims.” ~ AIER
-
•
No Victory Lap For Governors Who Locked Down America
“As long as politicians are exalted, the actual details of their decrees are irrelevant: they have been coronated as saviors. Cuomo assured his fellow Covid-profiteering governors that ‘this will happen again.’ This is why Americans must recognize the catastrophic failure of political iron fists during the Covid-19 pandemic.” ~ James Bovard
-
•
Icelandic Study Suggests Government Workers Are Unnecessary
“A lie can get around the world faster than truth can get its pants on, according to the adage apocryphally connected to Mark Twain or Winston Churchill (or Jonathan Swift). In a terrible ‘study,’ Iceland showed that we can reduce the hours worked by public officials without any meaningful negative outcome to society. Shocking, I…
-
•
Appreciating F. A. Hayek’s Insights on Money and the Business Cycle
“Hayek’s monetary and business cycle writings from 90 years ago, and his many contributions to the general understanding of the dynamic market process and the limits to government omniscience, are and will be crucial to that task of fighting for the free and prosperous society.” ~ Richard M. Ebeling
-
•
“Externality” Is No Good Excuse for Mandatory Vaccination
“That the choice to remain unvaccinated against Covid creates some risks for strangers is indisputable. Yet this fact about this choice does not distinguish it from many other choices with similar consequences, nearly all of which choices, again, do not justify government intervention.” ~ Donald J. Boudreaux