Daily Economy
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Central Planners Send Vaccines to Places Seniors Don’t Live
“Federal officials monopolized the purchase and distribution of vaccines which were sent to state governments, which micromanaged distribution of vaccines to their counties. Vaccines were then rationed by political preferences (such as defining some jobs as more essential than others) and by random luck after spending hours searching for an appointment.” ~ Alan Reynolds
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16 States Are Now Following The Science
“Governors who continue to impose lockdowns and mask mandates are fast becoming as popular as Red Sox fans in the Yankee Stadium bleachers, at least in half of the country. The internal polling is out, and the draconian restrictions are being abandoned in droves. History will not be kind to the remaining high-handed holdouts.” ~…
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Mastercard’s Crypto Ruse
“With more corporate powerhouses supporting cryptocurrencies by the month, it appears that crypto is here to stay. Whether those cryptos are the ones currently popular or this announcement by Mastercard acts to initiate a path dependent development process is presently unknown and unknowable. Other recent initiatives by the massive processing firm suggest a focus that…
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The Case for the Deregulated Texas Power Grid
“Markets learn from outlier events such as this one. Institutions and individuals will adapt in light of new perceptions of weather exigencies and risks. This is the major advantage of any deregulation market: it is adaptive. The same cannot be said for any system of regulated state control.” ~ Jack Nicastro
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Lockdowns Could Reshape American Politics for a Generation, or Several
“Anti-lockdownism need not be partisan. The victims of these policies are all over the political map. They are united only in their general belief in human rights, constitutional restraints on government, and the need to keep society functioning in the midst of a health crisis. This opinion is not and should not be controversial. There…
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Rename the Cuomo Bridge for Covid Victims
“I empathize with those desiring that the name of the 3.1 mile bridge should revert to Tappan Zee; other recommendations would undoubtedly include renaming the structure for a deceased serviceman or woman, the 9/11 attack victims, or a different New York State Governor. (DeWitt Clinton, who facilitated the building of the Erie Canal, often comes…
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The Wreckers of New York and their Bitter Rivalry
“Unfortunately, New Yorkers apparently retain faith in central planning of their lives despite the dismal failures at both the mayoral and gubernatorial level. The political profits of demagoguery will perennially trump the calculus of benevolence. The only ‘savior’ worth trusting is the revival of individual freedom and a vast decrease in regulatory restrictions and tax…
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Post-Covid Policy Advice from Ludwig von Mises for Developing Countries
“Mises’ warnings about misguided government policies remain just as relevant if not more so today, as we see in our own time a new push for increased interventionism, expanded welfare statism, and renewed calls for socialist-style centralized planning. As Mises said, if we want, peace, freedom and prosperity, there is no alternative to the free…
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That The Profit Of One Man Is The Gain Of Another
“It is not exploitation; rather, profit is a reward you earn for helping strangers in ways that waste no resources and leave them available for other strangers. Are firms earning ‘exorbitant’ profit selling natural gas and Covid vaccines? I doubt it. If anything, people scrambling to get their hands on artificially-short supplies indicates that they…
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There Are Libertarians In A Pandemic, And For Good Reason
“If nothing else, the Covid pandemic will create dissertation topics for generations of Ph.D. students across the humanities and social sciences. Someone looking to write the definitive history of the pandemic could get a head start by considering some of Cochrane’s commentary.” ~ Art Carden
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Central Planners Send Vaccines to Places Seniors Don’t Live
“Federal officials monopolized the purchase and distribution of vaccines which were sent to state governments, which micromanaged distribution of vaccines to their counties. Vaccines were then rationed by political preferences (such as defining some jobs as more essential than others) and by random luck after spending hours searching for an appointment.” ~ Alan Reynolds
-
•
16 States Are Now Following The Science
“Governors who continue to impose lockdowns and mask mandates are fast becoming as popular as Red Sox fans in the Yankee Stadium bleachers, at least in half of the country. The internal polling is out, and the draconian restrictions are being abandoned in droves. History will not be kind to the remaining high-handed holdouts.” ~…
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•
Mastercard’s Crypto Ruse
“With more corporate powerhouses supporting cryptocurrencies by the month, it appears that crypto is here to stay. Whether those cryptos are the ones currently popular or this announcement by Mastercard acts to initiate a path dependent development process is presently unknown and unknowable. Other recent initiatives by the massive processing firm suggest a focus that…
-
•
The Case for the Deregulated Texas Power Grid
“Markets learn from outlier events such as this one. Institutions and individuals will adapt in light of new perceptions of weather exigencies and risks. This is the major advantage of any deregulation market: it is adaptive. The same cannot be said for any system of regulated state control.” ~ Jack Nicastro
-
•
Lockdowns Could Reshape American Politics for a Generation, or Several
“Anti-lockdownism need not be partisan. The victims of these policies are all over the political map. They are united only in their general belief in human rights, constitutional restraints on government, and the need to keep society functioning in the midst of a health crisis. This opinion is not and should not be controversial. There…
-
•
Rename the Cuomo Bridge for Covid Victims
“I empathize with those desiring that the name of the 3.1 mile bridge should revert to Tappan Zee; other recommendations would undoubtedly include renaming the structure for a deceased serviceman or woman, the 9/11 attack victims, or a different New York State Governor. (DeWitt Clinton, who facilitated the building of the Erie Canal, often comes…
-
•
The Wreckers of New York and their Bitter Rivalry
“Unfortunately, New Yorkers apparently retain faith in central planning of their lives despite the dismal failures at both the mayoral and gubernatorial level. The political profits of demagoguery will perennially trump the calculus of benevolence. The only ‘savior’ worth trusting is the revival of individual freedom and a vast decrease in regulatory restrictions and tax…
-
•
Post-Covid Policy Advice from Ludwig von Mises for Developing Countries
“Mises’ warnings about misguided government policies remain just as relevant if not more so today, as we see in our own time a new push for increased interventionism, expanded welfare statism, and renewed calls for socialist-style centralized planning. As Mises said, if we want, peace, freedom and prosperity, there is no alternative to the free…
-
•
That The Profit Of One Man Is The Gain Of Another
“It is not exploitation; rather, profit is a reward you earn for helping strangers in ways that waste no resources and leave them available for other strangers. Are firms earning ‘exorbitant’ profit selling natural gas and Covid vaccines? I doubt it. If anything, people scrambling to get their hands on artificially-short supplies indicates that they…
-
•
There Are Libertarians In A Pandemic, And For Good Reason
“If nothing else, the Covid pandemic will create dissertation topics for generations of Ph.D. students across the humanities and social sciences. Someone looking to write the definitive history of the pandemic could get a head start by considering some of Cochrane’s commentary.” ~ Art Carden