Daily Economy
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Weekly Initial Claims for Unemployment Benefits Post Fifth Straight Drop
“Rising economic activity is driving a strengthening labor market and pushing unemployment benefit claims lower.” – Robert Hughes
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Liberating Yourself from Faucism
“In place of helplessness, we can choose not to participate in lies. ‘Let their rule hold not through me!’ is the key to our liberation. We can be open and eager for public jousting and arguments from diverse points of view. If this is too much to ask, we will lose our remaining freedoms.” ~…
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On the “Tyranny of Freedom”
“As the world begins to reopen, we should all take careful stock of the freedoms and liberties we have retained and ones we may have lost. Most importantly, however, we should shake off the hooks, lines, and sinkers of the world’s tyrants and enforcement sycophants to begin again with a fresh perspective.” ~ Lucio Saverio…
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Governor Cuomo’s Unconstitutional Vaccine Passport Program
“Governor Cuomo is under the mistaken impression that he can control the lives and personal health decisions of millions of New Yorkers and that the best way to do so is coercing them into receiving a vaccine. In the long run, though, these measures are likely to backfire, as they almost certainly will manifest in…
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Gouged by Gouging Laws
“If, however, people realized that such laws actually harm them as consumers—that gouging laws gouge consumers–once all the costs they must bear are considered, perhaps we could put an end to this counter-productive way politicians illustrate Ronald Reagan’s quip that ‘the nine most terrifying words in the English language’ are ‘I’m from the Government, and…
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Strong Demand, Labor and Materials Shortages, and Rising Input Prices Continued for Manufacturing Sector
“The Institute for Supply Management survey of manufacturers suggests continued labor, production, and logistical issues as well as continued upward pressure on materials costs.” – Robert Hughes
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•
Inflation Is a Dangerous Way to Get Rid of Debt Burdens
“The United States is in dangerous waters if it becomes ‘general wisdom’ and ‘popular opinion’ among public policy analysts and politicians that governments can spend all they want, in any amount, by just running huge annual budget deficits and expanding the national debt because it can all be made to go away through a magician’s…
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Lockdown Kitsch
“All we ‘lockdown sceptics’ can do is to continue to ask questions, to continue to doubt, and – though I wish I had a more pleasant-sounding metaphor – continue to spit, in the hope that this will undermine the sense of universality that lockdown kitsch relies upon.” ~ David McGrogan
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You Cannot Eat Bitcoin
“You cannot eat bitcoin, or dollars, or bank balances, which means that whatever vehicle you use to move value across time has an exchange rate risk. Many bitcoiners’ mistake is to think that their preferred asset avoids this; Taleb’s mistake is to think that others can have a different view of government than him.” ~…
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Thank Goodness for Economic Ignorance!
“The world would in fact be a much better place if economic fallacies were less prevalent and less widespread. Not the least of these fallacies is the one that holds that economies fail to the extent that they don’t protect existing jobs.” ~ Donald J. Boudreaux
-
•
Weekly Initial Claims for Unemployment Benefits Post Fifth Straight Drop
“Rising economic activity is driving a strengthening labor market and pushing unemployment benefit claims lower.” – Robert Hughes
-
•
Liberating Yourself from Faucism
“In place of helplessness, we can choose not to participate in lies. ‘Let their rule hold not through me!’ is the key to our liberation. We can be open and eager for public jousting and arguments from diverse points of view. If this is too much to ask, we will lose our remaining freedoms.” ~…
-
•
On the “Tyranny of Freedom”
“As the world begins to reopen, we should all take careful stock of the freedoms and liberties we have retained and ones we may have lost. Most importantly, however, we should shake off the hooks, lines, and sinkers of the world’s tyrants and enforcement sycophants to begin again with a fresh perspective.” ~ Lucio Saverio…
-
•
Governor Cuomo’s Unconstitutional Vaccine Passport Program
“Governor Cuomo is under the mistaken impression that he can control the lives and personal health decisions of millions of New Yorkers and that the best way to do so is coercing them into receiving a vaccine. In the long run, though, these measures are likely to backfire, as they almost certainly will manifest in…
-
•
Gouged by Gouging Laws
“If, however, people realized that such laws actually harm them as consumers—that gouging laws gouge consumers–once all the costs they must bear are considered, perhaps we could put an end to this counter-productive way politicians illustrate Ronald Reagan’s quip that ‘the nine most terrifying words in the English language’ are ‘I’m from the Government, and…
-
•
Strong Demand, Labor and Materials Shortages, and Rising Input Prices Continued for Manufacturing Sector
“The Institute for Supply Management survey of manufacturers suggests continued labor, production, and logistical issues as well as continued upward pressure on materials costs.” – Robert Hughes
-
•
Inflation Is a Dangerous Way to Get Rid of Debt Burdens
“The United States is in dangerous waters if it becomes ‘general wisdom’ and ‘popular opinion’ among public policy analysts and politicians that governments can spend all they want, in any amount, by just running huge annual budget deficits and expanding the national debt because it can all be made to go away through a magician’s…
-
•
Lockdown Kitsch
“All we ‘lockdown sceptics’ can do is to continue to ask questions, to continue to doubt, and – though I wish I had a more pleasant-sounding metaphor – continue to spit, in the hope that this will undermine the sense of universality that lockdown kitsch relies upon.” ~ David McGrogan
-
•
You Cannot Eat Bitcoin
“You cannot eat bitcoin, or dollars, or bank balances, which means that whatever vehicle you use to move value across time has an exchange rate risk. Many bitcoiners’ mistake is to think that their preferred asset avoids this; Taleb’s mistake is to think that others can have a different view of government than him.” ~…
-
•
Thank Goodness for Economic Ignorance!
“The world would in fact be a much better place if economic fallacies were less prevalent and less widespread. Not the least of these fallacies is the one that holds that economies fail to the extent that they don’t protect existing jobs.” ~ Donald J. Boudreaux