Daily Economy
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Pandemic Policy: A Big-Picture Lecture (Video)
“I was honored to be invited to Hillsdale College to provide an overview of my work on pandemic policy and lockdowns. Modeling played a crucial role. In that sense, pandemic policy seems to have repeated many errors that afflicted economics in decades past. This lecture assesses the predictive merit of these models and their speculative…
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Liberty or Subjugation?
“Regardless of the origins of the SARS-COV-2 virus, Big Government caused the pandemic and the resulting economic pain by rendering resistance futile and breaking the will of all but a few outlets (like this one). The sooner Americans come to terms with that reality, the sooner they can take steps to render lockdowns, and God…
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Who Wanted Pandemic Lockdowns?
“That we will look back with astonishment at what has happened to the world is a near certainty. The folly! And people of the future will never stop asking that great question of why. The answer is finally unsatisfying. It was a massive screw up by people and groups who wanted to try something completely…
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Job Openings Increase in December, But Labor Questions Remain
“Job openings rose in December, but overall labor market data remain mixed, suggesting the outlook is cautiously optimistic but still highly uncertain.” – Robert Hughes
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Will the Fed’s “Feelgood” Medicine Cause an Economic Collapse?
“The promise of cheap money leading to perpetual asset price sunshine may seem like a reality today. Tomorrow the consequences will be like Dr. Feelgood’s needles. To avoid the worst, markets—not politicians or bureaucrats, must be free to uncover the real cost of borrowing money.” ~ Barry Brownstein
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Price-gouged and Happy About It
“When the anti–price gouging law is in effect, being able to buy a necessity here is a matter of timing: being on store premises at or shortly after a shipment arrives. Then you can buy it, and not even at the market price, but at the pre-emergency price enforced by the government. Everyone else is…
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Small-Business Survey Weakens Again in January
“Small-business confidence posted a third consecutive decline in January, suggesting a growing concern about the economic outlook.” – Robert Hughes
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Voting with Your Feet
“The essence of foot voting, like private-sector decisions, is that you decide. In my mind, this selection point is the strongest indication that foot-voting outperforms ballot-voting: with enough ranges of options available for potential movers, they can choose a package that best suits them.” ~ Joakim Book
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How a Virus Was Used To Transform a Free Country — Part 2
“As Americans grow increasingly more desperate, the government continues to restrict peoples’ options. The CARES Act epitomized the tenet of redistribution of wealth, growing the numbers of Americans dependent upon the government, and vastly increasing the size and power of government.” ~ Sandy Szwarc
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Don’t Cry for Donald McNeil
“It appears that the New York Times found McNeil irresistible in the search for more traffic or for a new experiment in totalitarianism, or something else I do not know. I only know that he was a main rhetorical driver of the lockdowns in the United States. Whether it was his initiative or not, ideas…
-
•
Pandemic Policy: A Big-Picture Lecture (Video)
“I was honored to be invited to Hillsdale College to provide an overview of my work on pandemic policy and lockdowns. Modeling played a crucial role. In that sense, pandemic policy seems to have repeated many errors that afflicted economics in decades past. This lecture assesses the predictive merit of these models and their speculative…
-
•
Liberty or Subjugation?
“Regardless of the origins of the SARS-COV-2 virus, Big Government caused the pandemic and the resulting economic pain by rendering resistance futile and breaking the will of all but a few outlets (like this one). The sooner Americans come to terms with that reality, the sooner they can take steps to render lockdowns, and God…
-
•
Who Wanted Pandemic Lockdowns?
“That we will look back with astonishment at what has happened to the world is a near certainty. The folly! And people of the future will never stop asking that great question of why. The answer is finally unsatisfying. It was a massive screw up by people and groups who wanted to try something completely…
-
•
Job Openings Increase in December, But Labor Questions Remain
“Job openings rose in December, but overall labor market data remain mixed, suggesting the outlook is cautiously optimistic but still highly uncertain.” – Robert Hughes
-
•
Will the Fed’s “Feelgood” Medicine Cause an Economic Collapse?
“The promise of cheap money leading to perpetual asset price sunshine may seem like a reality today. Tomorrow the consequences will be like Dr. Feelgood’s needles. To avoid the worst, markets—not politicians or bureaucrats, must be free to uncover the real cost of borrowing money.” ~ Barry Brownstein
-
•
Price-gouged and Happy About It
“When the anti–price gouging law is in effect, being able to buy a necessity here is a matter of timing: being on store premises at or shortly after a shipment arrives. Then you can buy it, and not even at the market price, but at the pre-emergency price enforced by the government. Everyone else is…
-
•
Small-Business Survey Weakens Again in January
“Small-business confidence posted a third consecutive decline in January, suggesting a growing concern about the economic outlook.” – Robert Hughes
-
•
Voting with Your Feet
“The essence of foot voting, like private-sector decisions, is that you decide. In my mind, this selection point is the strongest indication that foot-voting outperforms ballot-voting: with enough ranges of options available for potential movers, they can choose a package that best suits them.” ~ Joakim Book
-
•
How a Virus Was Used To Transform a Free Country — Part 2
“As Americans grow increasingly more desperate, the government continues to restrict peoples’ options. The CARES Act epitomized the tenet of redistribution of wealth, growing the numbers of Americans dependent upon the government, and vastly increasing the size and power of government.” ~ Sandy Szwarc
-
•
Don’t Cry for Donald McNeil
“It appears that the New York Times found McNeil irresistible in the search for more traffic or for a new experiment in totalitarianism, or something else I do not know. I only know that he was a main rhetorical driver of the lockdowns in the United States. Whether it was his initiative or not, ideas…