Daily Economy
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Supply-Side Neoliberalism Sure Beats the Alternative
“The near-phobic disdain for supply-side economics and neoliberalism this century is part of a new wave of anti-capitalist sentiment. We have seen this movie before. It is a horror film. The true friends of rationality, liberty, and prosperity should wake up, stand proudly, and contend boldly.” ~ Richard M. Salsman
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Addressing Financial Exclusion: The Right Way and the Wrong Way
“Marginalized groups of people are more than capable of succeeding when you just get out of the way. Policymakers today must understand the devastating consequences of well-intentioned policies and the hard fact that an imperfect private sector response is far preferable to a counterproductive government response.” ~ Ethan Yang
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The Paternalist Instincts of a Central Planner
“We are in the presidential executive grip of someone who is determined to make us all the players on a grand stage of life upon which he gets to make up and make right for his own frustration, anger, and embarrassment that he experienced as a youngster over a world that did not give his…
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Pocket Monsters Meet Animal Spirits
“Lockdowns, boredom, and fiscal largesse sparked the incredible rise in Pokémon card values. But the Greater Fool Theory may already be at work.” ~ Peter C. Earle
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Imagining Year 2020 Without Fauci, Redfield, USIAID, and the CDC
“Scared of their own shadow politicians let experts like Fauci and Redfield terrify them into a command-and-control stance. The rest is tragic history as jobs and businesses vanished in a climate of fear created by politicians and bureaucrats who would never miss a paycheck or a meal.” ~ John Tamny
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Dead Masks: A Photo Essay
“According to one study, it will take 450 years for some of these masks to degrade. That’s a lot of dead baby birds and a lot of wasted energy, almost for naught. Great job, Homo personatus!” ~ Robert E. Wright
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The War on Retirement
“The American version of the assassination of Archduke Ferdinand, the event that began the steady march toward oblivion, was the passage of the Social Security Act in 1935. The dominos have been falling ever since, and the last ones are about to tip over, intentions be damned.” ~ James R. Harrigan & Antony Davies
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Capitalization and Corporate Tax Cuts for the Rich
“When you recognize corporate tax hikers’ massive measurement distortion on top of their trifecta of false premises, it makes it hard to take tax hike promoters’ claims as anything more than intentional misrepresentations that, if heeded, would harm those whose votes they are using it to pander for.” ~ Gary M. Galles
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Existing-Home Sales Fall Again in April
“Existing-home sales fell in April as limited supply, rising prices and mortgage rates, and changing preferences work to cool the recent pace of activity.” – Robert Hughes
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The Success of Climate Mainstreaming
“Mainstreaming any important topic means to single-mindedly put everyone’s efforts in one basket and ignore all other important issues. That was my mistake ten years ago: not seeing the bigger picture. Now the world has caught up, keen on making that same mistake, central banks more so than most. Don Quixote de la Mancha sends…
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Supply-Side Neoliberalism Sure Beats the Alternative
“The near-phobic disdain for supply-side economics and neoliberalism this century is part of a new wave of anti-capitalist sentiment. We have seen this movie before. It is a horror film. The true friends of rationality, liberty, and prosperity should wake up, stand proudly, and contend boldly.” ~ Richard M. Salsman
-
•
Addressing Financial Exclusion: The Right Way and the Wrong Way
“Marginalized groups of people are more than capable of succeeding when you just get out of the way. Policymakers today must understand the devastating consequences of well-intentioned policies and the hard fact that an imperfect private sector response is far preferable to a counterproductive government response.” ~ Ethan Yang
-
•
The Paternalist Instincts of a Central Planner
“We are in the presidential executive grip of someone who is determined to make us all the players on a grand stage of life upon which he gets to make up and make right for his own frustration, anger, and embarrassment that he experienced as a youngster over a world that did not give his…
-
•
Pocket Monsters Meet Animal Spirits
“Lockdowns, boredom, and fiscal largesse sparked the incredible rise in Pokémon card values. But the Greater Fool Theory may already be at work.” ~ Peter C. Earle
-
•
Imagining Year 2020 Without Fauci, Redfield, USIAID, and the CDC
“Scared of their own shadow politicians let experts like Fauci and Redfield terrify them into a command-and-control stance. The rest is tragic history as jobs and businesses vanished in a climate of fear created by politicians and bureaucrats who would never miss a paycheck or a meal.” ~ John Tamny
-
•
Dead Masks: A Photo Essay
“According to one study, it will take 450 years for some of these masks to degrade. That’s a lot of dead baby birds and a lot of wasted energy, almost for naught. Great job, Homo personatus!” ~ Robert E. Wright
-
•
The War on Retirement
“The American version of the assassination of Archduke Ferdinand, the event that began the steady march toward oblivion, was the passage of the Social Security Act in 1935. The dominos have been falling ever since, and the last ones are about to tip over, intentions be damned.” ~ James R. Harrigan & Antony Davies
-
•
Capitalization and Corporate Tax Cuts for the Rich
“When you recognize corporate tax hikers’ massive measurement distortion on top of their trifecta of false premises, it makes it hard to take tax hike promoters’ claims as anything more than intentional misrepresentations that, if heeded, would harm those whose votes they are using it to pander for.” ~ Gary M. Galles
-
•
Existing-Home Sales Fall Again in April
“Existing-home sales fell in April as limited supply, rising prices and mortgage rates, and changing preferences work to cool the recent pace of activity.” – Robert Hughes
-
•
The Success of Climate Mainstreaming
“Mainstreaming any important topic means to single-mindedly put everyone’s efforts in one basket and ignore all other important issues. That was my mistake ten years ago: not seeing the bigger picture. Now the world has caught up, keen on making that same mistake, central banks more so than most. Don Quixote de la Mancha sends…