Daily Economy
-
•
Understanding Big Tech Dominance Requires Economics, Not Conspiracy Theories
“Intellectual property laws, not childish conspiracy theories, explain the persistent dominance of Big Tech and social media.” ~ Peter C. Earle
-
•
To Lean, Clean, or Reign Supreme
“After a decade or more of economic and financial events that put central banks under heavy strain – financial collapse, a slow and timid recovery, the pandemic – strange things are again amiss in financial markets. Broda and Druckenmiller are right to say that ‘the Fed seems to be fighting the last battle.’ Ironically, so…
-
•
Changing the World: A Comparative Look at Public vs. Private Aid in the 19th and 21st Centuries
“Though international aid should definitely not be considered a primary strategy toward poverty reduction, it still has an important role to play in lessening the side effects brought on by poverty, such as hunger and disease. We must continue to develop and correct the ways that we are allocating funds to those in need, so…
-
•
War Of Words Over Inflation Stirs Questions for the Fed
“Does it make sense, for a nation founded on the notion of individual liberty, equality under the law, and personal property rights, to allow a government agency to manipulate the value of the currency used by its citizens? Would it be better to have a stable monetary foundation to facilitate free-market outcomes, rather than empower…
-
•
Restricting Freedom Didn’t Defeat Covid
“Even though freedom is its own wondrous virtue, panicky politicians erased it in 2020 on the supposition that personal and economic desperation was the best solution for a spreading virus. Historians will marvel at the abject stupidity of the political class in 2020.” ~ John Tamny
-
•
Setting the Table for Covid-X
“Covid-19 struck a robust, arguably healthy economy; a less productive, more heavily-indebted, higher tax economy awaits Covid-X.” ~ Peter C. Earle
-
•
Fears of Price Instability Pull Down Consumer Sentiment in Early May
“Consumer sentiment fell in early May, driven by fears of rising prices as government lockdown policies are eased and economic activity picks up.” – Robert Hughes
-
•
Industrial Output Rises in April Despite Weakness in Autos
“Industrial output rose for a second consecutive month in April, recovering from a weather-related drop in February; the sector still has a way to go until pre-pandemic levels of output. In general, cessation of government restrictions on consumers and businesses is boosting the economic outlook.” – Robert Hughes
-
•
Frank Knight and the Place of Principles in Economics and Politics
“This counterrevolution can be repulsed and reversed. But it will require the type of defenses of the principle of freedom in politics and economics that Frank Knight called for and reasoned about seventy years ago. We must cultivate a new age of enlightened liberty so as not to fully sink into a new dark age…
-
•
Retail Sales Stall in April, But Remain Well Above Trend
“Retail sales were mixed in April but a reopening economy and improving fundamentals suggest a strengthening economic outlook.” – Robert Hughes
-
•
Understanding Big Tech Dominance Requires Economics, Not Conspiracy Theories
“Intellectual property laws, not childish conspiracy theories, explain the persistent dominance of Big Tech and social media.” ~ Peter C. Earle
-
•
To Lean, Clean, or Reign Supreme
“After a decade or more of economic and financial events that put central banks under heavy strain – financial collapse, a slow and timid recovery, the pandemic – strange things are again amiss in financial markets. Broda and Druckenmiller are right to say that ‘the Fed seems to be fighting the last battle.’ Ironically, so…
-
•
Changing the World: A Comparative Look at Public vs. Private Aid in the 19th and 21st Centuries
“Though international aid should definitely not be considered a primary strategy toward poverty reduction, it still has an important role to play in lessening the side effects brought on by poverty, such as hunger and disease. We must continue to develop and correct the ways that we are allocating funds to those in need, so…
-
•
War Of Words Over Inflation Stirs Questions for the Fed
“Does it make sense, for a nation founded on the notion of individual liberty, equality under the law, and personal property rights, to allow a government agency to manipulate the value of the currency used by its citizens? Would it be better to have a stable monetary foundation to facilitate free-market outcomes, rather than empower…
-
•
Restricting Freedom Didn’t Defeat Covid
“Even though freedom is its own wondrous virtue, panicky politicians erased it in 2020 on the supposition that personal and economic desperation was the best solution for a spreading virus. Historians will marvel at the abject stupidity of the political class in 2020.” ~ John Tamny
-
•
Setting the Table for Covid-X
“Covid-19 struck a robust, arguably healthy economy; a less productive, more heavily-indebted, higher tax economy awaits Covid-X.” ~ Peter C. Earle
-
•
Fears of Price Instability Pull Down Consumer Sentiment in Early May
“Consumer sentiment fell in early May, driven by fears of rising prices as government lockdown policies are eased and economic activity picks up.” – Robert Hughes
-
•
Industrial Output Rises in April Despite Weakness in Autos
“Industrial output rose for a second consecutive month in April, recovering from a weather-related drop in February; the sector still has a way to go until pre-pandemic levels of output. In general, cessation of government restrictions on consumers and businesses is boosting the economic outlook.” – Robert Hughes
-
•
Frank Knight and the Place of Principles in Economics and Politics
“This counterrevolution can be repulsed and reversed. But it will require the type of defenses of the principle of freedom in politics and economics that Frank Knight called for and reasoned about seventy years ago. We must cultivate a new age of enlightened liberty so as not to fully sink into a new dark age…
-
•
Retail Sales Stall in April, But Remain Well Above Trend
“Retail sales were mixed in April but a reopening economy and improving fundamentals suggest a strengthening economic outlook.” – Robert Hughes