Daily Economy
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Inflating the Circulating Medium: Cause or Effect?
“The concern over the potential for increased future price levels (‘inflation’ as measured by CPI or PCE) is largely misplaced. It may not be the most serious or most likely outcome of the ongoing ‘unconventional’ policies that have been inflating the circulating medium.” ~ Christopher Lingle
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Consumer Credit Rose in May
“Consumer credit jumped in May as easing government restrictions boosted economic activity.” – Robert Hughes
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Cracks in the Great Wall Part 2 – China’s Economic Paradox
“E.C. Harwood, the founder of AIER, noted that the USSR under its authoritarian model would never be able to economically outcompete America and the West unless we lost faith in our free market system and moved to copy the Russians. The same holds true for China today.” ~ Ethan Yang
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Democracy Is More Than Just Elections
“We need to rethink how we portray democracy to our students and the general public. Democracy should not be construed as resting entirely upon elections. Free markets and civil society are crucial components of democratic governance, not something that stands separate from it.” ~ Anthony Gill
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Weekly Initial Claims for Unemployment Benefits Are Flattening Out
“The declining trend in weekly initial claims for unemployment benefits may pause briefly, but a tight labor market and a record number of open jobs should continue to drive initial claims lower.” – Robert Hughes
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The Adverse Economic Consequences of “Basic Income”
“Swiss voters overwhelmingly rejected a referendum for basic income back in 2016. Further, Joe Biden expressed skepticism about the idea back in 2017, but he obviously has had a change of heart, given his current support for big, per-child handouts.” ~ Daniel J. Mitchell
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Don’t Blame Amazon, Blame Government Policies!
“Remedies such as using antitrust legislation or implementing additional regulations would amount to the pyromaniac acting as firefighter. After all, the problem may simply be caused by too much government intervention in the first place.” ~ Vincent Geloso
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Cracks in the Great Wall-Part One: The CCP at 100 Years
“China’s authoritarian policies have consequences and it seems like the chickens are starting to come home to roost. This should be another reason to double down on our confidence in the superiority of a free and open society, an objective that we can safely pursue to our own benefit, whereas the Chinese cannot.” ~ Ethan…
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The Business of Time is to Tick, Tick, Tick…
“Time, its measurements, and what they have given rise to in the form of navigation and information, is clearly much more than the routine moving of hands across the dials of an old grandfather clock. Rooney shows us how.” ~ Joakim Book
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Campusland: A Delightful Book Delivers
“In Rules for Radicals, Saul D. Alinsky’s handbook for left-wing activists, Alinsky gives thirteen rules for community organizers. Rule number four is ‘Ridicule is man’s most potent weapon.’ That rule is relevant for fighting wokeness on campus. And Scott Johnston, author of Campusland, a novel published in 2019, understands that.” ~ David R. Henderson
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•
Inflating the Circulating Medium: Cause or Effect?
“The concern over the potential for increased future price levels (‘inflation’ as measured by CPI or PCE) is largely misplaced. It may not be the most serious or most likely outcome of the ongoing ‘unconventional’ policies that have been inflating the circulating medium.” ~ Christopher Lingle
-
•
Consumer Credit Rose in May
“Consumer credit jumped in May as easing government restrictions boosted economic activity.” – Robert Hughes
-
•
Cracks in the Great Wall Part 2 – China’s Economic Paradox
“E.C. Harwood, the founder of AIER, noted that the USSR under its authoritarian model would never be able to economically outcompete America and the West unless we lost faith in our free market system and moved to copy the Russians. The same holds true for China today.” ~ Ethan Yang
-
•
Democracy Is More Than Just Elections
“We need to rethink how we portray democracy to our students and the general public. Democracy should not be construed as resting entirely upon elections. Free markets and civil society are crucial components of democratic governance, not something that stands separate from it.” ~ Anthony Gill
-
•
Weekly Initial Claims for Unemployment Benefits Are Flattening Out
“The declining trend in weekly initial claims for unemployment benefits may pause briefly, but a tight labor market and a record number of open jobs should continue to drive initial claims lower.” – Robert Hughes
-
•
The Adverse Economic Consequences of “Basic Income”
“Swiss voters overwhelmingly rejected a referendum for basic income back in 2016. Further, Joe Biden expressed skepticism about the idea back in 2017, but he obviously has had a change of heart, given his current support for big, per-child handouts.” ~ Daniel J. Mitchell
-
•
Don’t Blame Amazon, Blame Government Policies!
“Remedies such as using antitrust legislation or implementing additional regulations would amount to the pyromaniac acting as firefighter. After all, the problem may simply be caused by too much government intervention in the first place.” ~ Vincent Geloso
-
•
Cracks in the Great Wall-Part One: The CCP at 100 Years
“China’s authoritarian policies have consequences and it seems like the chickens are starting to come home to roost. This should be another reason to double down on our confidence in the superiority of a free and open society, an objective that we can safely pursue to our own benefit, whereas the Chinese cannot.” ~ Ethan…
-
•
The Business of Time is to Tick, Tick, Tick…
“Time, its measurements, and what they have given rise to in the form of navigation and information, is clearly much more than the routine moving of hands across the dials of an old grandfather clock. Rooney shows us how.” ~ Joakim Book
-
•
Campusland: A Delightful Book Delivers
“In Rules for Radicals, Saul D. Alinsky’s handbook for left-wing activists, Alinsky gives thirteen rules for community organizers. Rule number four is ‘Ridicule is man’s most potent weapon.’ That rule is relevant for fighting wokeness on campus. And Scott Johnston, author of Campusland, a novel published in 2019, understands that.” ~ David R. Henderson