Daily Economy
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Robert Higgs: A Birthday Appreciation
“Higgs’s virtuosity as an economic historian stems from clear and careful analytical thinking combined with an understanding of what the state is and what the state is not. He is not a romantic about war and the state, to put it lightly, and he has never shied away from calling a government exactly what it…
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How to Navigate the Stock Market Madness
“There is nothing wrong with partaking in recent fad investing trends; some of them even seem quite promising. However, just like anything else, being prepared and knowledgeable will ensure your success is long-term and not just the prelude to disaster.” ~ Ethan Yang
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Equity Performance Amid One-Party Rule in America
“If history (especially more recent history) is a guide, U.S. equity gains over the next two years of full Democratic control will be inferior, a result that is more probable given that the party is currently more anti-business, anti-profit, and anti-capitalist than at any other time since 1970.” ~ Richard M. Salsman
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The Only Way To Win Is Not To Play
“Ignoring one another is a peaceful way of coexisting; Not interacting is a viable solution unless we’re forced to do so through a one-size-fits-all political process. Playing the political game makes it worse, and the collapse of personal grand narratives have let politics substitute for every other desire we have.” ~ Joakim Book
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The Times Wants You Consumed by Fear, Isolation, and Misery
“We do not need to destroy society, lock people in their homes, tear down businesses, close schools, traumatize kids, drive people to alcoholism and drug abuse, divide society between the clean ruling class and the dirty working class, ban travel, close churches, abolish choirs, and whip up the population into a frenzied psychological meltdown in…
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The Attacks on Kristi Noem Have Only Just Begun
“Why would the NYT go out of its way to attack Kristi, who even it admits remains popular in South Dakota? Possibilities abound but I see no reason to reject the hypothesis that the woke newsroom staffers who seized editorial control of the paper after the Cotton op-ed affair see Kristi and the entire state…
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The Catastrophic Impact of Covid Forced Societal Lockdowns
“Why would we impose more catastrophic restrictive policies when they have not worked? We even have government leaders now enacting harder and even more draconian lockdowns after admitting that the prior ones have failed. Lockdowns are not an acceptable long-term strategy and have severely impacted populations socially, economically, psychologically, and health wise.” ~ AIER Contributing…
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Global Productivity Growth Post-Covid – Down But By No Means Out
“The current pandemic has yet to run its course, and the social and economic impact will take much longer to work its way through. Productivity growth, in the medium term, is liable to disappoint, but deferred creative disruption – a deferral which artificially low interest rates have allowed to persist since 2008, if not earlier…
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Paternalism and Robinhood Revisited
“Robinhood and other self-directed apps like it have fundamentally disrupted the market in a good way. Many entrenched interests, be it private firms or the government, are not comfortable with this change. Hopefully, our leaders have seen firsthand the disruption that such abrupt and restrictive actions have on society.” ~ Ethan Yang
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Small Decline in Consumer Sentiment Masks Big Partisan Divide
“Consumer sentiment fell in January, leaving indexes below pre-pandemic levels but above prior lows. Virus mutations and partisan rancor remain risks to the outlook.” – Robert Hughes
-
•
Robert Higgs: A Birthday Appreciation
“Higgs’s virtuosity as an economic historian stems from clear and careful analytical thinking combined with an understanding of what the state is and what the state is not. He is not a romantic about war and the state, to put it lightly, and he has never shied away from calling a government exactly what it…
-
•
How to Navigate the Stock Market Madness
“There is nothing wrong with partaking in recent fad investing trends; some of them even seem quite promising. However, just like anything else, being prepared and knowledgeable will ensure your success is long-term and not just the prelude to disaster.” ~ Ethan Yang
-
•
Equity Performance Amid One-Party Rule in America
“If history (especially more recent history) is a guide, U.S. equity gains over the next two years of full Democratic control will be inferior, a result that is more probable given that the party is currently more anti-business, anti-profit, and anti-capitalist than at any other time since 1970.” ~ Richard M. Salsman
-
•
The Only Way To Win Is Not To Play
“Ignoring one another is a peaceful way of coexisting; Not interacting is a viable solution unless we’re forced to do so through a one-size-fits-all political process. Playing the political game makes it worse, and the collapse of personal grand narratives have let politics substitute for every other desire we have.” ~ Joakim Book
-
•
The Times Wants You Consumed by Fear, Isolation, and Misery
“We do not need to destroy society, lock people in their homes, tear down businesses, close schools, traumatize kids, drive people to alcoholism and drug abuse, divide society between the clean ruling class and the dirty working class, ban travel, close churches, abolish choirs, and whip up the population into a frenzied psychological meltdown in…
-
•
The Attacks on Kristi Noem Have Only Just Begun
“Why would the NYT go out of its way to attack Kristi, who even it admits remains popular in South Dakota? Possibilities abound but I see no reason to reject the hypothesis that the woke newsroom staffers who seized editorial control of the paper after the Cotton op-ed affair see Kristi and the entire state…
-
•
The Catastrophic Impact of Covid Forced Societal Lockdowns
“Why would we impose more catastrophic restrictive policies when they have not worked? We even have government leaders now enacting harder and even more draconian lockdowns after admitting that the prior ones have failed. Lockdowns are not an acceptable long-term strategy and have severely impacted populations socially, economically, psychologically, and health wise.” ~ AIER Contributing…
-
•
Global Productivity Growth Post-Covid – Down But By No Means Out
“The current pandemic has yet to run its course, and the social and economic impact will take much longer to work its way through. Productivity growth, in the medium term, is liable to disappoint, but deferred creative disruption – a deferral which artificially low interest rates have allowed to persist since 2008, if not earlier…
-
•
Paternalism and Robinhood Revisited
“Robinhood and other self-directed apps like it have fundamentally disrupted the market in a good way. Many entrenched interests, be it private firms or the government, are not comfortable with this change. Hopefully, our leaders have seen firsthand the disruption that such abrupt and restrictive actions have on society.” ~ Ethan Yang
-
•
Small Decline in Consumer Sentiment Masks Big Partisan Divide
“Consumer sentiment fell in January, leaving indexes below pre-pandemic levels but above prior lows. Virus mutations and partisan rancor remain risks to the outlook.” – Robert Hughes