Daily Economy
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Why British House Prices Went Up When They Should Have Gone Down
“Two other developments undermine the idea that houses got more expensive in the last year: real interest rates and plenty of household savings. Those two trends mean that even though the sticker prices of many British homes are higher than they were before the pandemic, the ease with which the typical household could acquire them…
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The American Public Favors Competitive Energy Markets – So Does the Environment
“With public opinion lining up with the practical advantages of competitive energy markets, deregulating energy markets and promoting competition among energy sources and producers is a no-brainer – both for consumers and the planet.” ~ Christopher Barnard
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The 1980s Called, And It Wants Its Industrial Paranoia Back
“Sad about it all is that formerly free market conservatives have joined the echo chamber this time around, and turned the volume way up. A $250 billion industrial policy bill reminiscent of ‘80s paranoia is the result. Good work, conservatives.” ~ John Tamny
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Consumer Sentiment Rebounded in Early June as Consumer Grew More Optimistic About the Economy
“Consumer sentiment recovered some of the May decline in early June, driven by improving expectations for the economy, jobs, and income. However, fears of rising prices are also weighing on consumer attitudes.” – Robert Hughes
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What’s the Matter with Cambridge?
“It is not just well-paid academics that exhibit this (presumably) counter-intuitive voting behavior. The top 300 wealthiest zip codes, those with the so-called ‘one-percenters,’ tend to favor Democrats over Republicans both in terms of financial contributions to campaigns, but also in ballots cast.” ~ Anthony Gill
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The World May Be Getting Darker, But We Must Carry on the Light of Liberalism
“Liberalism is not merely an abstraction we fight to advance for its own sake, but rather for the sake of the flesh and blood of humans of the world, and in remembrance of those who have fought the good fight before us. As ‘society is sweeping towards destruction’ let us keep in mind our own…
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A Conversation About Human Progress and Innovation
“On this episode of the Authors Corner, Ethan Yang speaks with Marian Tupy, a Senior Fellow at the Cato Institute and the editor of HumanProgress.org. The topics discussed touch on issues such as the rapidly improving living standards across the world, the causal factors of prosperity, the pace of innovation, and why the common narrative…
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Bureaucracy as Constituency
“As long as the federal bureaucracy remains largely unchecked, expect to see that bureaucracy grow unabated. Expect to see laws getting longer and more complex by the year. And expect to see no one in Washington taking responsibility for a federal government that has been out of control for the better part of a century.”…
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With Capitalism, Cooperation Is Just as Important as Competition
“Unlike the common condemnation of markets as the antithesis of cooperation, Leonard Read recognized, with Ludwig von Mises, that competitive markets comprise ‘a system of mutual cooperation,’ where ‘the function of competition is to assign to every member of the social system that position in which he can best serve the whole of society and…
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Seven Deadly Economic Sins: A Review
“Seven Deadly Economic Sins is a must read for the general public, policymakers, and students of economics who wish to gain an understanding, at a philosophical level, of the economic fallacies that continue to circulate in common thought and among certain policymakers, along with a convincing rebuttal of each, placed in the context of why…
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•
Why British House Prices Went Up When They Should Have Gone Down
“Two other developments undermine the idea that houses got more expensive in the last year: real interest rates and plenty of household savings. Those two trends mean that even though the sticker prices of many British homes are higher than they were before the pandemic, the ease with which the typical household could acquire them…
-
•
The American Public Favors Competitive Energy Markets – So Does the Environment
“With public opinion lining up with the practical advantages of competitive energy markets, deregulating energy markets and promoting competition among energy sources and producers is a no-brainer – both for consumers and the planet.” ~ Christopher Barnard
-
•
The 1980s Called, And It Wants Its Industrial Paranoia Back
“Sad about it all is that formerly free market conservatives have joined the echo chamber this time around, and turned the volume way up. A $250 billion industrial policy bill reminiscent of ‘80s paranoia is the result. Good work, conservatives.” ~ John Tamny
-
•
Consumer Sentiment Rebounded in Early June as Consumer Grew More Optimistic About the Economy
“Consumer sentiment recovered some of the May decline in early June, driven by improving expectations for the economy, jobs, and income. However, fears of rising prices are also weighing on consumer attitudes.” – Robert Hughes
-
•
What’s the Matter with Cambridge?
“It is not just well-paid academics that exhibit this (presumably) counter-intuitive voting behavior. The top 300 wealthiest zip codes, those with the so-called ‘one-percenters,’ tend to favor Democrats over Republicans both in terms of financial contributions to campaigns, but also in ballots cast.” ~ Anthony Gill
-
•
The World May Be Getting Darker, But We Must Carry on the Light of Liberalism
“Liberalism is not merely an abstraction we fight to advance for its own sake, but rather for the sake of the flesh and blood of humans of the world, and in remembrance of those who have fought the good fight before us. As ‘society is sweeping towards destruction’ let us keep in mind our own…
-
•
A Conversation About Human Progress and Innovation
“On this episode of the Authors Corner, Ethan Yang speaks with Marian Tupy, a Senior Fellow at the Cato Institute and the editor of HumanProgress.org. The topics discussed touch on issues such as the rapidly improving living standards across the world, the causal factors of prosperity, the pace of innovation, and why the common narrative…
-
•
Bureaucracy as Constituency
“As long as the federal bureaucracy remains largely unchecked, expect to see that bureaucracy grow unabated. Expect to see laws getting longer and more complex by the year. And expect to see no one in Washington taking responsibility for a federal government that has been out of control for the better part of a century.”…
-
•
With Capitalism, Cooperation Is Just as Important as Competition
“Unlike the common condemnation of markets as the antithesis of cooperation, Leonard Read recognized, with Ludwig von Mises, that competitive markets comprise ‘a system of mutual cooperation,’ where ‘the function of competition is to assign to every member of the social system that position in which he can best serve the whole of society and…
-
•
Seven Deadly Economic Sins: A Review
“Seven Deadly Economic Sins is a must read for the general public, policymakers, and students of economics who wish to gain an understanding, at a philosophical level, of the economic fallacies that continue to circulate in common thought and among certain policymakers, along with a convincing rebuttal of each, placed in the context of why…