Daily Economy
-
•
Initial Claims Hold Above 800,000 for Sixth Consecutive Week
“Initial claims rose again, holding above 800,000 for the sixth consecutive week. Recent data suggest the labor market remains fragile.” – Robert Hughes
-
•
Government Schools: More Bureaucracy, Lower Performance, and Higher Costs
“We got more teachers with all that money, but the main outcome was a massive expansion in the number of education administrators and other bureaucrats.” ~ Daniel J. Mitchell
-
•
Manufacturing Recovery Continued in January
“Manufacturing output continued to recover in January and is a positive sign for the outlook.” – Robert Hughes
-
•
Retail Sales Rebound After Three Weak Months, Hitting A Record High
“Retail sales surged in January, a very positive sign for the economy, but positive momentum needs to be sustained and expanded across the economy, especially to the labor market.” – Robert Hughes
-
•
Exploring Deeply the Economics of Price Controls
“Governments are fond of dictating maximum prices and minimum wages. To the economically ignorant, these policies appear humane and worthwhile. But when examined through the lens of economics, these policies are clearly revealed to be harmful to the very persons they are ostensibly meant to help.” ~ Donald J. Boudreaux
-
•
Anatomy of the Nursing Home Death Warrants
“The buck does indeed stop with the elected leaders who made the fateful decisions to send sick COVID patients into nursing homes, lock down their states, and mask up their citizens in perpetuity, but that’s only half of the story. The bad data they used almost exclusively came from the Gates network, which has trafficked…
-
•
Kevin Durant’s Genius Vivifies the Abject Stupidity of the Lockdowns
“This tragic imposition of command-and-control by politicians means progress against career-ending injuries for athletes will likely slow, the discovery of what will eventually render the internet primitive will similarly be rendered a more distant object, and then progress against diseases that still kill us will have been relatively suffocated. All so politicians could ‘do something.'”…
-
•
A Pandemic of Ignorance
“Putting the lessons of political economy together (especially along with some elementary knowledge of statistical tricks) would have allowed Americans to better assess policymakers’ claims about Covid-19 transmission and the best ways to mitigate it and hence peacefully to resist unprecedented policies of dubious constitutionality and little scientific merit.” ~ Robert E. Wright
-
•
Do We Really Need All These Barbecue Restaurants?
“Markets provide people with what they actually want as tested against their willingness to pay rather than what the Bernie Sanderses of the world know to be best for us. This is a feature, not a bug.” ~ Art Carden
-
•
The Bankruptcy of Conservative Political Paternalism
“Oren Cass is really figuring out how to outwit the progressives in the game of political plunderhood by devising coalitions in society that will put ‘his side’ in elected office next time around through a ‘conservative’ version of handouts of favors, privileges and subsidies. His ‘new’ conservatism, therefore, is really only the same old political…
-
•
Initial Claims Hold Above 800,000 for Sixth Consecutive Week
“Initial claims rose again, holding above 800,000 for the sixth consecutive week. Recent data suggest the labor market remains fragile.” – Robert Hughes
-
•
Government Schools: More Bureaucracy, Lower Performance, and Higher Costs
“We got more teachers with all that money, but the main outcome was a massive expansion in the number of education administrators and other bureaucrats.” ~ Daniel J. Mitchell
-
•
Manufacturing Recovery Continued in January
“Manufacturing output continued to recover in January and is a positive sign for the outlook.” – Robert Hughes
-
•
Retail Sales Rebound After Three Weak Months, Hitting A Record High
“Retail sales surged in January, a very positive sign for the economy, but positive momentum needs to be sustained and expanded across the economy, especially to the labor market.” – Robert Hughes
-
•
Exploring Deeply the Economics of Price Controls
“Governments are fond of dictating maximum prices and minimum wages. To the economically ignorant, these policies appear humane and worthwhile. But when examined through the lens of economics, these policies are clearly revealed to be harmful to the very persons they are ostensibly meant to help.” ~ Donald J. Boudreaux
-
•
Anatomy of the Nursing Home Death Warrants
“The buck does indeed stop with the elected leaders who made the fateful decisions to send sick COVID patients into nursing homes, lock down their states, and mask up their citizens in perpetuity, but that’s only half of the story. The bad data they used almost exclusively came from the Gates network, which has trafficked…
-
•
Kevin Durant’s Genius Vivifies the Abject Stupidity of the Lockdowns
“This tragic imposition of command-and-control by politicians means progress against career-ending injuries for athletes will likely slow, the discovery of what will eventually render the internet primitive will similarly be rendered a more distant object, and then progress against diseases that still kill us will have been relatively suffocated. All so politicians could ‘do something.'”…
-
•
A Pandemic of Ignorance
“Putting the lessons of political economy together (especially along with some elementary knowledge of statistical tricks) would have allowed Americans to better assess policymakers’ claims about Covid-19 transmission and the best ways to mitigate it and hence peacefully to resist unprecedented policies of dubious constitutionality and little scientific merit.” ~ Robert E. Wright
-
•
Do We Really Need All These Barbecue Restaurants?
“Markets provide people with what they actually want as tested against their willingness to pay rather than what the Bernie Sanderses of the world know to be best for us. This is a feature, not a bug.” ~ Art Carden
-
•
The Bankruptcy of Conservative Political Paternalism
“Oren Cass is really figuring out how to outwit the progressives in the game of political plunderhood by devising coalitions in society that will put ‘his side’ in elected office next time around through a ‘conservative’ version of handouts of favors, privileges and subsidies. His ‘new’ conservatism, therefore, is really only the same old political…