Daily Economy
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Beware the Rise of Scamerica
“If only Americans would develop immunities against overreaching government! Right now, Uncle Sam is more likely to stab you in the back than to have your back. Scamerica will grift ever more fraudulently until government sheds its paternalistic mask and once again lets children be children, employers employ, innovators innovate, teachers teach, and workers work.”…
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The Moralization of Covid-19
“Ethan Yang interviews Dr. Maja Graso, a senior lecturer at the University of Otago. Dr. Graso was the lead researcher on a study published in the Journal of Experimental Social Physiology titled, “Moralization of Covid-19 health response: Asymmetry in tolerance for human costs” outlining how people’s perceptions of Covid-19 could alter their ability to make…
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Are Tax Increases Popular?
“Voters seem to be on the right side on the big-picture question of ‘Should taxes be higher?’, but if they think tax increases are going to happen, it’s quite likely that they will support the most economically damaging types of class-warfare levies.” ~ Daniel J. Mitchell
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Pandemic Pressures Unwinding in Housing
“Home construction activity was mixed in April. While fundamentals remain solid for the housing market, reverting housing preferences and rising single-family prices are likely to restrain future activity.” – Robert Hughes
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Lift Your Gaze, Please: the April Inflation Overshoot is Not the Problem
“A betting man, if he wants to remain a betting man, updates his priors. So, I side with Jason Bloom at the asset manager Invesco: ‘There is so much dislocation in the economy from the reopening and base effects from a year ago that it will take at least six to 12 months before we…
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“Governing as Looting” in Washington and Beyond
“Automatic ticketing regimes provide a stark refutation to the illusion that governments automatically serve the people. Especially for policies shrouded in sanctimony, government agencies are almost always more wasteful or oppressive than the media portrays. How much longer will local politicians be permitted to plunder drivers and subvert safety with impunity?” ~ James Bovard
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Monetary Inflation’s Game of Hide-and-Seek
“Whether the CPI records a higher or a lower rate of general price inflation, the more deleterious effects resulting from monetary inflation are those relative price and wage distortions, and resource, labor and capital misallocations and misdirection, that are hidden beneath the ‘surface’ of the general price level, but nonetheless set in motion the phases…
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A Conversation on the Importance of Entrepreneurship
“AIER Authors Corner, Ethan Yang interviews Dr. Eammon Butler, joining us from Cambridge, UK. Dr. Butler co-founded the Adam Smith Institute, which was credited with advising the Thatcher government in its radical market-oriented reforms of British society.” ~ AIER
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Will 2020 Prove to Be the Beginning of the End of Modernity?
“Abruptly starting 16 months ago, humanity was encouraged to hold in contempt – even to censor – the relative few persons who refused to abandon liberal sensibilities. Abruptly starting 16 months ago, there quite possibly began the end of liberal civilization.” ~ Donald J. Boudreaux
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Lumber, Labor, and Gas Markets Tell SAD Stories
“As economists emphasize whenever price gouging rules kick in, ignoring what supply and demand analysis has to teach us usually means making the problem worse rather than better.” ~ Art Carden
-
•
Beware the Rise of Scamerica
“If only Americans would develop immunities against overreaching government! Right now, Uncle Sam is more likely to stab you in the back than to have your back. Scamerica will grift ever more fraudulently until government sheds its paternalistic mask and once again lets children be children, employers employ, innovators innovate, teachers teach, and workers work.”…
-
•
The Moralization of Covid-19
“Ethan Yang interviews Dr. Maja Graso, a senior lecturer at the University of Otago. Dr. Graso was the lead researcher on a study published in the Journal of Experimental Social Physiology titled, “Moralization of Covid-19 health response: Asymmetry in tolerance for human costs” outlining how people’s perceptions of Covid-19 could alter their ability to make…
-
•
Are Tax Increases Popular?
“Voters seem to be on the right side on the big-picture question of ‘Should taxes be higher?’, but if they think tax increases are going to happen, it’s quite likely that they will support the most economically damaging types of class-warfare levies.” ~ Daniel J. Mitchell
-
•
Pandemic Pressures Unwinding in Housing
“Home construction activity was mixed in April. While fundamentals remain solid for the housing market, reverting housing preferences and rising single-family prices are likely to restrain future activity.” – Robert Hughes
-
•
Lift Your Gaze, Please: the April Inflation Overshoot is Not the Problem
“A betting man, if he wants to remain a betting man, updates his priors. So, I side with Jason Bloom at the asset manager Invesco: ‘There is so much dislocation in the economy from the reopening and base effects from a year ago that it will take at least six to 12 months before we…
-
•
“Governing as Looting” in Washington and Beyond
“Automatic ticketing regimes provide a stark refutation to the illusion that governments automatically serve the people. Especially for policies shrouded in sanctimony, government agencies are almost always more wasteful or oppressive than the media portrays. How much longer will local politicians be permitted to plunder drivers and subvert safety with impunity?” ~ James Bovard
-
•
Monetary Inflation’s Game of Hide-and-Seek
“Whether the CPI records a higher or a lower rate of general price inflation, the more deleterious effects resulting from monetary inflation are those relative price and wage distortions, and resource, labor and capital misallocations and misdirection, that are hidden beneath the ‘surface’ of the general price level, but nonetheless set in motion the phases…
-
•
A Conversation on the Importance of Entrepreneurship
“AIER Authors Corner, Ethan Yang interviews Dr. Eammon Butler, joining us from Cambridge, UK. Dr. Butler co-founded the Adam Smith Institute, which was credited with advising the Thatcher government in its radical market-oriented reforms of British society.” ~ AIER
-
•
Will 2020 Prove to Be the Beginning of the End of Modernity?
“Abruptly starting 16 months ago, humanity was encouraged to hold in contempt – even to censor – the relative few persons who refused to abandon liberal sensibilities. Abruptly starting 16 months ago, there quite possibly began the end of liberal civilization.” ~ Donald J. Boudreaux
-
•
Lumber, Labor, and Gas Markets Tell SAD Stories
“As economists emphasize whenever price gouging rules kick in, ignoring what supply and demand analysis has to teach us usually means making the problem worse rather than better.” ~ Art Carden