Daily Economy
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Can Private Businesses Legally and Morally Force Customers to Wear Masks?
“In practical terms, businesses may fear that if they do not keep up pandemic LARPing frightened members of the public may take their business elsewhere. Any decent business, though, knows how to handle heterogeneous customer preferences. Transition back to normal by initiating masked and maskless hours or locations and allow customers and employees to opt…
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Debts, Deficits, and the Entitlement Crisis
“The US government’s debt is soaring like never before and promises to only bring economic stagnation if not outright disaster. Looking past Covid-19, we should strive to implement bold reforms to our costly but important entitlement programs to truly deliver on fiscal stability. These reforms may not be popular or easy but there is no…
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Housing Starts and Permits Fall in February
“Home construction activity fell in February though weather may have been a factor. While fundamentals remain strong for the housing market, headwinds are growing.” – Robert Hughes
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Contra Nicholas Kristof, Presidential Ink Will Never ‘Scrub’ Away Poverty
“It cannot be stressed enough that if poverty were about money, then it would have been wholly erased long ago given the trillions spent on its mitigation. Admirable as Kristof’s idealism is, it’s just that. Nothing more. The perfect world he envisions cannot and will not be created by the stroke of a pen.” ~…
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Biden’s “Burn-Rate” Rescue Act
“The Supreme Court warned in 1971, ‘The history of government grants of a continuing cash subsidy indicates that such programs have almost always been accompanied by varying measures of control and surveillance.’ The only certainty is that the ultimate bill for the ongoing deluge of federal benefits will be far higher in taxes and lost…
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More “Covid Suicides” than Covid Deaths in Kids
“Society needs to remember that the stolen Covid generation will one day run the country. Teachers resisting returning to class should recognize that this generation currently locked-in to bedroom Zoom classes will one day care for us in our old age. And politicians should remember that this generation whose rights have so blatantly been violated…
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Inflation Outlook: Likely Worse Than Expected
“The Fed has painted itself into a box, because if inflation/velocity does heat up beyond what the Fed or markets can tolerate, given that they have been comfortable with somewhat higher long-term rates, the Fed’s only weapon to slow inflation down would be to slow down the economy. Its strongest weapon would be to threaten…
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A Short History of America’s Foes
“Americans can reunite culturally by exulting their anti-Removal, anti-slavery, and pro-Civil Rights history and rejecting the too-often-untoward policies and actions of its governments and specific individuals, as suggested by the Woodson Center’s 1776 Project. And prosperity will return with economic freedom, especially the termination and disavowal of lockdowns and politicized economic planning more generally.” ~…
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Do Some Workers And Business Owners Secretly Prefer Lockdown Misery?
“About what’s been said, it should be stressed once again that it’s in no way a defense of the indefensible lockdowns. It’s merely an attempt to understand why some might prefer that the indefensible remain. One possibility is that a lack of competition is comfort for those who would prefer not to compete.” ~ John…
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Harsh Weather Sank Industrial Output in February
“Industrial output was hurt by severe weather in February, but other recent data suggest the outlook is improving.” – Robert Hughes
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•
Can Private Businesses Legally and Morally Force Customers to Wear Masks?
“In practical terms, businesses may fear that if they do not keep up pandemic LARPing frightened members of the public may take their business elsewhere. Any decent business, though, knows how to handle heterogeneous customer preferences. Transition back to normal by initiating masked and maskless hours or locations and allow customers and employees to opt…
-
•
Debts, Deficits, and the Entitlement Crisis
“The US government’s debt is soaring like never before and promises to only bring economic stagnation if not outright disaster. Looking past Covid-19, we should strive to implement bold reforms to our costly but important entitlement programs to truly deliver on fiscal stability. These reforms may not be popular or easy but there is no…
-
•
Housing Starts and Permits Fall in February
“Home construction activity fell in February though weather may have been a factor. While fundamentals remain strong for the housing market, headwinds are growing.” – Robert Hughes
-
•
Contra Nicholas Kristof, Presidential Ink Will Never ‘Scrub’ Away Poverty
“It cannot be stressed enough that if poverty were about money, then it would have been wholly erased long ago given the trillions spent on its mitigation. Admirable as Kristof’s idealism is, it’s just that. Nothing more. The perfect world he envisions cannot and will not be created by the stroke of a pen.” ~…
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•
Biden’s “Burn-Rate” Rescue Act
“The Supreme Court warned in 1971, ‘The history of government grants of a continuing cash subsidy indicates that such programs have almost always been accompanied by varying measures of control and surveillance.’ The only certainty is that the ultimate bill for the ongoing deluge of federal benefits will be far higher in taxes and lost…
-
•
More “Covid Suicides” than Covid Deaths in Kids
“Society needs to remember that the stolen Covid generation will one day run the country. Teachers resisting returning to class should recognize that this generation currently locked-in to bedroom Zoom classes will one day care for us in our old age. And politicians should remember that this generation whose rights have so blatantly been violated…
-
•
Inflation Outlook: Likely Worse Than Expected
“The Fed has painted itself into a box, because if inflation/velocity does heat up beyond what the Fed or markets can tolerate, given that they have been comfortable with somewhat higher long-term rates, the Fed’s only weapon to slow inflation down would be to slow down the economy. Its strongest weapon would be to threaten…
-
•
A Short History of America’s Foes
“Americans can reunite culturally by exulting their anti-Removal, anti-slavery, and pro-Civil Rights history and rejecting the too-often-untoward policies and actions of its governments and specific individuals, as suggested by the Woodson Center’s 1776 Project. And prosperity will return with economic freedom, especially the termination and disavowal of lockdowns and politicized economic planning more generally.” ~…
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•
Do Some Workers And Business Owners Secretly Prefer Lockdown Misery?
“About what’s been said, it should be stressed once again that it’s in no way a defense of the indefensible lockdowns. It’s merely an attempt to understand why some might prefer that the indefensible remain. One possibility is that a lack of competition is comfort for those who would prefer not to compete.” ~ John…
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•
Harsh Weather Sank Industrial Output in February
“Industrial output was hurt by severe weather in February, but other recent data suggest the outlook is improving.” – Robert Hughes