Daily Economy
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Would You Support the Lockdowns If It Meant Losing Your Own Job?
“Belief in the corona-religion is thin, but much worse, it’s gutless. People believe as long their jobs and their businesses aren’t being destroyed. Twenty or one hundred years ago they wouldn’t have been so sanguine. Let’s never stop reminding them of this truth.” ~ John Tamny
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Why the UK Government Now Must, But Won’t, Abandon Lockdown
“Were it to be capable of learning from its ‘achievement,’ the Government should now self-consciously abandon the policy aimed at the entire population, the most important part of which would be to end lockdown, tiers, and all such general restrictions. But this would require the Government to acknowledge that its policy has been a mistake…
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Life After Burma: The Saga of Bo Bo Nge
“When Suu Kyi won her reelection early this year in a landslide, Myanmar’s generals had had enough. They reassumed power and on February 1 dispatched five soldiers to arrest Bo Bo at his home in Myanmar’s new capital Naypyidaw. Commented a banker in Yangon, ‘It’s a circular firing squad around here.’ Free Bo Bo! Free…
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Labor Market Struggles Continue
“Initial claims fell slightly but continuing claims jumped sharply. Along with the disappointing jobs report, recent data suggest the labor market remains weak.” – Robert Hughes
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Masking: A Careful Review of the Evidence
“The predominant conclusion is that face masks have a very important role in places such as hospitals, but there exists very little evidence of widespread benefit for members of the public (adults or children) as well as evidence that masking is truly an ineffectual way to manage pandemic-related spread of viral disease. Our view is…
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Is the Public Interest Really In the Public’s Interest?
“The fact that something is popular doesn’t mean it is right or even beneficial. A better way forward is to simply lay out arguments in full, detailing why and how such proposals would result in the best outcomes for the most people while being prepared to own the consequences. This discussion should be accepting of…
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Presidential Impeachment and US Equity Markets
“The gradual pace of what is fundamentally a political (as opposed to legal) action tends to result in dampened, rather than heightened, volatility. And nearly as soon as any latent uncertainties are ironed out, broader economic trends resume driving the direction of financial markets. A more profound degree of political upheaval, with a more sudden…
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Are Mask Mandates in Violation of Federal Law?
“The Food, Drug, and Cosmetic Act was established, in part, to put forth uniform standards based upon scientific justification for use. There are no uniform standards when it comes to mask mandates, just as there is no scientific justification. But, since most of the actions that have been taken since March of 2020 have been…
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Tesla’s Bitcoin Purchase Is the Start of a Bullish Monetary Future
“The bullish future that Tesla seems to be helping to usher in is one of private monies replacing government money, of individuals asking for compensation in money they trust over money that governments haven’t always overseen in trustworthy fashion. Elon Musk is helping to bring the future into the present. We’ll all be better off…
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Lockdowns Have Devastated the Global Poor
“Lockdowns affect the global poor as well as the global elite and it seems that the poorer countries have seen a dangerous decline in living standards which will have lasting consequences that are a public crisis in and of themselves. It should now be abundantly clear that economic hardship is not a minor inconvenience and…
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•
Would You Support the Lockdowns If It Meant Losing Your Own Job?
“Belief in the corona-religion is thin, but much worse, it’s gutless. People believe as long their jobs and their businesses aren’t being destroyed. Twenty or one hundred years ago they wouldn’t have been so sanguine. Let’s never stop reminding them of this truth.” ~ John Tamny
-
•
Why the UK Government Now Must, But Won’t, Abandon Lockdown
“Were it to be capable of learning from its ‘achievement,’ the Government should now self-consciously abandon the policy aimed at the entire population, the most important part of which would be to end lockdown, tiers, and all such general restrictions. But this would require the Government to acknowledge that its policy has been a mistake…
-
•
Life After Burma: The Saga of Bo Bo Nge
“When Suu Kyi won her reelection early this year in a landslide, Myanmar’s generals had had enough. They reassumed power and on February 1 dispatched five soldiers to arrest Bo Bo at his home in Myanmar’s new capital Naypyidaw. Commented a banker in Yangon, ‘It’s a circular firing squad around here.’ Free Bo Bo! Free…
-
•
Labor Market Struggles Continue
“Initial claims fell slightly but continuing claims jumped sharply. Along with the disappointing jobs report, recent data suggest the labor market remains weak.” – Robert Hughes
-
•
Masking: A Careful Review of the Evidence
“The predominant conclusion is that face masks have a very important role in places such as hospitals, but there exists very little evidence of widespread benefit for members of the public (adults or children) as well as evidence that masking is truly an ineffectual way to manage pandemic-related spread of viral disease. Our view is…
-
•
Is the Public Interest Really In the Public’s Interest?
“The fact that something is popular doesn’t mean it is right or even beneficial. A better way forward is to simply lay out arguments in full, detailing why and how such proposals would result in the best outcomes for the most people while being prepared to own the consequences. This discussion should be accepting of…
-
•
Presidential Impeachment and US Equity Markets
“The gradual pace of what is fundamentally a political (as opposed to legal) action tends to result in dampened, rather than heightened, volatility. And nearly as soon as any latent uncertainties are ironed out, broader economic trends resume driving the direction of financial markets. A more profound degree of political upheaval, with a more sudden…
-
•
Are Mask Mandates in Violation of Federal Law?
“The Food, Drug, and Cosmetic Act was established, in part, to put forth uniform standards based upon scientific justification for use. There are no uniform standards when it comes to mask mandates, just as there is no scientific justification. But, since most of the actions that have been taken since March of 2020 have been…
-
•
Tesla’s Bitcoin Purchase Is the Start of a Bullish Monetary Future
“The bullish future that Tesla seems to be helping to usher in is one of private monies replacing government money, of individuals asking for compensation in money they trust over money that governments haven’t always overseen in trustworthy fashion. Elon Musk is helping to bring the future into the present. We’ll all be better off…
-
•
Lockdowns Have Devastated the Global Poor
“Lockdowns affect the global poor as well as the global elite and it seems that the poorer countries have seen a dangerous decline in living standards which will have lasting consequences that are a public crisis in and of themselves. It should now be abundantly clear that economic hardship is not a minor inconvenience and…