Daily Economy
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A Conversation On Post-Pandemic Economic Recovery
“Dr. Darcy W.E. Allen, a vocal proponent of innovative digital technologies and the economics of blockchain, joins Ethan Yang for another rigorous discussion about his new book ‘Unfreeze: How to Create a High Growth Economy After the Pandemic and more.'” ~ AIER
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Fighting Invisible Enemies
“The point of waging war against invisible enemies is that the struggle never ends. There is no armistice, no unconditional victory. No overview of the battlefield and no assessment over what more is to come. So, the war keeps going, on and on and on, with no end in sight – and indeed, nobody desires…
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Pandemic Emergency Spending Riddled With Fraud
“We already knew that the coronavirus pandemic resulted in a bigger burden of government, and none of us should be surprised that we also wound up with record levels of waste. Remember, ‘more government’ is not the answer to any sensible question. At some point, we will run out of ‘other people’s money.'” ~ Daniel…
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Weekly Initial Claims for Unemployment Benefits Rise While Continuing Claims Fall
“Despite the slight uptick in weekly initial claims, rising economic activity is driving a strengthening labor market and supporting a positive economic outlook.” – Robert Hughes
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Taking a (Lemonade) Stand for Free Enterprise
“The summertime lemonade stand serves more than just refreshing beverages. It stands as a quintessential reminder of how people of all ages love to barter and exchange, as Adam Smith once reminded us. It is in our nature. If we only had the imagination to perceive a world free from commercial barriers, much like our…
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United’s Bid for Supersonic Supremacy Vivifies Burden of Government
“It’s something to keep in mind in consideration of the massive size of the federal government. Trillions in annual spending by politicians logically limits the amount of capital available for businesses trying to improve the present, or in Aerion’s case, striving to create a much better future.” ~ John Tamny
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The Horrors of Hyperinflation
“Governments have few universally accepted goals. National defense, protection of property, and stability of the unit of account are arguably the three most important because all else rides on them. Hyperinflation destroys all three, so any serious risk of hyperinflation is simply unacceptable from a policy standpoint.” ~ Robert E. Wright
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Pandemic Pressures Continue to Unwind in Housing
“Home construction activity showed additional signs of cooling in May. The combination of a reopening economy that may be reversing pandemic-related housing preferences and rising single-family prices appear to be impacting activity.” – Robert Hughes
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Has the Government Forgotten How Society Works?
“The premise for the modern administrative state is the dubious notion that the federal government can scientifically plan the lives of hundreds of millions of people. The practical outcome is a regime of sheer incompetence and counterproductive policymaking that is fundamentally at odds with the normal functioning of society. It is a system meant not…
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Defining Down Freedom
“Politicians vindicated lockdowns by claiming that all the sacrifices are justified if they ‘save just one life.’ But what about ‘just one freedom’ – especially freedoms previously enjoyed by hundreds of millions of people? Instead of ‘Build Back Better’ further empowering reckless rulers, we need to ‘Build Back Freer.'” ~ James Bovard
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•
A Conversation On Post-Pandemic Economic Recovery
“Dr. Darcy W.E. Allen, a vocal proponent of innovative digital technologies and the economics of blockchain, joins Ethan Yang for another rigorous discussion about his new book ‘Unfreeze: How to Create a High Growth Economy After the Pandemic and more.'” ~ AIER
-
•
Fighting Invisible Enemies
“The point of waging war against invisible enemies is that the struggle never ends. There is no armistice, no unconditional victory. No overview of the battlefield and no assessment over what more is to come. So, the war keeps going, on and on and on, with no end in sight – and indeed, nobody desires…
-
•
Pandemic Emergency Spending Riddled With Fraud
“We already knew that the coronavirus pandemic resulted in a bigger burden of government, and none of us should be surprised that we also wound up with record levels of waste. Remember, ‘more government’ is not the answer to any sensible question. At some point, we will run out of ‘other people’s money.'” ~ Daniel…
-
•
Weekly Initial Claims for Unemployment Benefits Rise While Continuing Claims Fall
“Despite the slight uptick in weekly initial claims, rising economic activity is driving a strengthening labor market and supporting a positive economic outlook.” – Robert Hughes
-
•
Taking a (Lemonade) Stand for Free Enterprise
“The summertime lemonade stand serves more than just refreshing beverages. It stands as a quintessential reminder of how people of all ages love to barter and exchange, as Adam Smith once reminded us. It is in our nature. If we only had the imagination to perceive a world free from commercial barriers, much like our…
-
•
United’s Bid for Supersonic Supremacy Vivifies Burden of Government
“It’s something to keep in mind in consideration of the massive size of the federal government. Trillions in annual spending by politicians logically limits the amount of capital available for businesses trying to improve the present, or in Aerion’s case, striving to create a much better future.” ~ John Tamny
-
•
The Horrors of Hyperinflation
“Governments have few universally accepted goals. National defense, protection of property, and stability of the unit of account are arguably the three most important because all else rides on them. Hyperinflation destroys all three, so any serious risk of hyperinflation is simply unacceptable from a policy standpoint.” ~ Robert E. Wright
-
•
Pandemic Pressures Continue to Unwind in Housing
“Home construction activity showed additional signs of cooling in May. The combination of a reopening economy that may be reversing pandemic-related housing preferences and rising single-family prices appear to be impacting activity.” – Robert Hughes
-
•
Has the Government Forgotten How Society Works?
“The premise for the modern administrative state is the dubious notion that the federal government can scientifically plan the lives of hundreds of millions of people. The practical outcome is a regime of sheer incompetence and counterproductive policymaking that is fundamentally at odds with the normal functioning of society. It is a system meant not…
-
•
Defining Down Freedom
“Politicians vindicated lockdowns by claiming that all the sacrifices are justified if they ‘save just one life.’ But what about ‘just one freedom’ – especially freedoms previously enjoyed by hundreds of millions of people? Instead of ‘Build Back Better’ further empowering reckless rulers, we need to ‘Build Back Freer.'” ~ James Bovard